M4M 3.45% 3.0¢ macro metals limited

2014 work plan

  1. 31 Posts.
    Bureau of Public Enterprises unveils 2014 work plan on 25th March 2014.

    http://newsdiaryonline.com/bpes-2014-work-planby-benjamin-ezra-dikki/


    BPE in final arbitration talks to settle Ajaokuta Steel Mill with former management.

    "Similarly, the BPE boss said the agency hopes to conclude arbitration initiated by Global Infrastructure Nigerian Limited, GINL, against the Federal Government in respect of the management contract in Ajaokuta Steel Company.

    This, he said, would pave the way for the development of strategies for the privatisation of the company, along with the National Iron Ore Mining Company, NIOMCO."

    Full article here
    http://www.premiumtimesng.com/business/157452-bpe-set-liquidate-nitelmtel-privatise-nigerias-four-refineries.html



    If this works out then good chance Sinosteel or another Chinese trader can make a play for the steel mill as part of Federal Govt's privatization plan.



 
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