Commissioned in 1979, the Ajaokuta Steel Complex till date has not produced one beam of steel. A white elephant is a term that describes a property, possession or object that is troublesome and difficult to dispose of. There are many white elephant projects in a Nigeria, a country where the sum of its parts is greater than the whole. The Ajaokuta Steel Company located in Kogi state is perhaps Nigeria’s most infamous white elephant project. Ajaokuta Steel Company is like the Atlantis of Nigerian industrialization; it promises many great things, but to be honest, people hardly believe it exists anywhere …read more
Source: Pulse Nigeria
