Discover and read the best of Twitter Threads about #Ajaokuta

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The problem with AJAOKUTA: backtracking from an objective report in 1986. A Thread. (Part 1 of Thread) @MistateeT @AareAgo @PremiumTimesng @ogundamisi @rosanwo @omojuwa @fmmsdngr @kfayemi @eggheader @seunonigbinde @nedunaija @DOlusegun @ayourb @AsoRock
As at the time of construction, or even in 1986 when an independent review was made, the cost process of AJAOKUTA construction was the highest in the world owing to inflated costs and other unforeseen externalities.
As at 1986, Practically all projects under implementation in subsaharan Africa, with the exception of the #Ajaokuta Plant, have been either abandoned or frozen.
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