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Ukraine to invest US$2.6 billion in Nigerian mining sectors
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According to report, the Ukrainian government said it will invest about US$2.6 billion in Nigerian mines and steel sector.
The Ukrainian investors will invest US$2.6 billion into Ajaokuta Steel Company Limited, and hope they will get the projects.
Ukrainian government will partner with the Nigerian government for development of mineral sources and interest in reactivation of the steel company.
The state-run Ajaokuta Steel Company Limited and National Iron Ore Mining Company (NIOMCO) are two integrated plants which will work together for country’s benefit for steel industries.
News Date
7/4/2012 4:37:00 PM
reported by
Judy Lin
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