Ajaokuta Steel Complex: Ameh Blasts ‘Monument of Corruption,’ Demands Total Demolition
By Onwe Wisdom | Pan Afric Reporters
Former National Chairman of the Inter-Party Advisory Council of Nigeria (IPAC), Chief Peter Ameh, has delivered a scathing verdict on the Ajaokuta Steel Complex, declaring it “a monument to failure, mismanagement, and corruption” that must be torn down and rebuilt from scratch.
In a fiery statement on September 17, 2025, Ameh tore into decades of government promises and squandered billions, describing the steel plant as a national embarrassment. “The Ajaokuta Steel Complex is beyond repair,” he thundered. “The only path forward is to dismantle it entirely and build a new, state-of-the-art facility that aligns with modern technological realities in the global steel industry.”
For Ameh, the story of Ajaokuta is not about steel, but about systemic rot. Conceived in the 1970s as Nigeria’s industrial flagship, the project has instead become a cash cow for corruption. “Billions of dollars—some estimate trillions of naira—have been poured into so-called ‘turnaround maintenance’ projects, yet the complex remains non-functional,” he said. He likened it to Nigeria’s comatose refineries, both of which have “become bottomless pits for public resources, enriching a few while impoverishing the nation.”
Pointing to Aliko Dangote’s intervention in the refinery sector as proof of what bold private investment can achieve, Ameh insisted Ajaokuta’s future lies in a similar model. “Attempting to patch up a facility that is ‘absolute and unrepairable,’ as Dangote aptly described, is akin to pouring water into a broken bucket,” he declared.
But beyond technical obsolescence, Ameh identified corruption as the lifeblood of the steel complex’s continued existence. “The continued existence of the Ajaokuta Steel Complex in its current state is not driven by a genuine belief in its revival but by vested interests that profit from the status quo,” he charged. “The cycle of awarding contracts for maintenance, consultancy, and feasibility studies has become a lucrative enterprise for a select few, with little accountability for the funds spent.”
In the blunt language of ordinary Nigerians, Ameh summed it up: “Ajaokuta steel na for show, nothing dey there.”
Rejecting the argument that rebuilding would be too costly, Ameh turned the accusation back on government. “The trillions of naira already wasted on failed turnaround projects could have funded significant progress toward a new facility. Continuing to pour money into an irredeemable abyss is not just financially reckless—it is a betrayal of Nigeria’s potential,” he said.
The veteran politician urged a private-sector-driven, technologically advanced rebuild, backed by strict oversight to choke off corruption. “This is not a time for half-measures or nostalgia for a past that never materialized,” he argued. “Corruption must no longer dictate the fate of Ajaokuta. The complex is beyond repair, and the only way forward is to start anew—building a steel plant that is not just for show, but a beacon of progress for generations to come.”
Ameh’s call is more than a policy proposal; it is a political indictment of successive governments that turned Nigeria’s most ambitious industrial dream into a graveyard of wasted opportunities.
Read full text of press statement below
17th September, 2025
*AJAOKUTA STEEL COMPLEX: DISMANTLE, REBUILD, AND RECLAIM NIGERIA’S STEEL FUTURE.*
*…..DISMANTLE TO END THE CYCLE OF CORRUPTION.*
The Ajaokuta Steel Complex, once heralded as the cornerstone of Nigeria’s industrial ambitions, has become a monument to failure, mismanagement, and corruption. For decades, the narrative surrounding its revival has been one of endless promises, squandered funds, and shattered hopes. The repeated attempts at turnaround maintenance have not only failed to breathe life into this moribund facility but have also mirrored the catastrophic mismanagement seen in Nigeria’s refineries. These failures have deepened the nation’s economic crisis, leaving citizens disillusioned and the country’s industrial potential stunted. I wholeheartedly endorse Aliko Dangote’s bold stance: the Ajaokuta Steel Complex is beyond repair, and the only path forward is to dismantle it entirely and build a new, state-of-the-art facility that aligns with modern technological realities in the global steel industry. Corruption, not progress, fuels the continued existence of this “dead site,” and it is time for Nigeria to break free from this cycle of waste and delusion.
The Ajaokuta Steel Complex, located in Kogi State, was envisioned as a catalyst for Nigeria’s industrialization.
Conceived in the 1970s, it was meant to position the country as a major player in the global steel market.
However, decades of neglect, mismanagement, and corruption have rendered it a shadow of its potential. Billions of dollars—some estimate trillions of naira—have been poured into so-called “turnaround maintenance” projects, yet the complex remains non-functional. The parallels with Nigeria’s refineries are striking. Just as successive governments have funneled funds into futile efforts to revive the nation’s refineries, Ajaokuta has become a bottomless pit for public resources, with little to show for it. These efforts have not only failed to deliver results but have also served as conduits for corruption, enriching a few while impoverishing the nation.
The insistence on reviving Ajaokuta in its current state is not just misguided—it is delusional. The infrastructure is outdated, its technology obsolete in the face of modern advancements in the global steel industry.
Attempting to patch up a facility that is “absolute and unrepairable,” as Dangote aptly described, is akin to pouring water into a broken bucket. Were it not for private intervention in the case of Nigeria’s refineries—most notably Dangote’s own refinery project—the country would still be trapped in the fantasy of state-led revival. Ajaokuta demands a similar bold approach. The complex must be dismantled entirely, and a new, digitally advanced facility must rise in its place, built to meet the demands of the 21st-century steel industry. This is not a call for incremental fixes but a radical reimagining of what Ajaokuta could and should be.
The argument for rebuilding is not merely practical—it is a necessity driven by the realities of the global steel market. Modern steel production relies on cutting-edge technologies, including automation, digital monitoring, and energy-efficient processes. A refurbished Ajaokuta, even if miraculously brought back to life, would struggle to compete with facilities in countries like China, India, or South Korea, where innovation drives production. A new facility, constructed with current technological standards, would position Nigeria to meet both domestic and international demand for steel, fostering job creation, economic growth, and industrial self-reliance. The location of Ajaokuta remains ideal due to its proximity to raw materials and existing infrastructure, but the “dead bone” of the current complex cannot rise again. It must be replaced with a robust, future-ready facility.
The greatest obstacle to this vision, however, is corruption. The continued existence of the Ajaokuta Steel Complex in its current state is not driven by a genuine belief in its revival but by vested interests that profit from the status quo. The cycle of awarding contracts for maintenance, consultancy, and feasibility studies has become a lucrative enterprise for a select few, with little accountability for the funds spent. In my honest and bluntly opinion, “Ajaokuta steel na for show, nothing Dey there.” This sentiment captures the frustration of Nigerians who see through the façade of progress.
The complex has become a symbol of systemic failure, where public funds are siphoned off under the guise of revival efforts.
Dismantling the facility and starting anew would disrupt this cycle, forcing transparency and accountability in the allocation of resources.
Skeptics may argue that rebuilding Ajaokuta from scratch is too costly or ambitious, but the cost of inaction is far greater. The trillions of naira already wasted on failed turnaround projects could have funded significant progress toward a new facility. Continuing to pour money into an irredeemable abyss is not just financially reckless—it is a betrayal of Nigeria’s potential. A private-sector-led approach, similar to Dangote’s intervention in the refinery sector, could provide the expertise and efficiency needed to execute this vision. Public-private partnerships, coupled with strict oversight to curb corruption, could ensure that the project delivers tangible results.
The Ajaokuta Steel Complex is a clear reminder of Nigeria’s unfulfilled industrial dreams, but it also represents an opportunity for transformation. By dismantling the failed infrastructure and building a new, technologically advanced facility, Nigeria can reclaim its place in the global steel industry. This is not a time for half-measures or nostalgia for a past that never materialized. Corruption must no longer dictate the fate of Ajaokuta. As Dangote has rightly pointed out, the complex is beyond repair, and the only way forward is to start anew. Let us seize this moment to build a facility that reflects Nigeria’s ambition, resilience, and potential—a steel complex that is not just for show but a beacon of progress for generations to come.
Chief Peter Ameh
Former National Chairman
Inter-Party Advisory Council of Nigeria, IPAC
