The Steel That Died When The Soviet Union Died and Cost Nigeria $8B

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On July 6, 2026, Nigeria’s government announced it had finally broken a 46-year jinx. Ajaokuta Steel Company signed a reported 20-year gas supply agreement with the Nigerian National Petroleum Company Limited, with Gas Aggregation Company of Nigeria and NNPC Exploration and Production also involved. Three million standard cubic feet per day of firm gas and […]

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