• About us
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, May 5, 2026
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home Issues

CISLAC Calls for Transparency in Ajaokuta Steel Complex Adviser Procurement.

newspegonline24 by newspegonline24
November 15, 2024
in Issues
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

CISLAC is pushing for transparency in the appointment of a Transaction Adviser to revive the Ajaokuta Steel Complex and National Iron Ore Mining Company. They’re urging the Ministry of Steel Development and the Bureau of Public Procurement to ensure strict transparency and adherence to the law in this process. Essentially, CISLAC wants to prevent any potential irregularities in the procurement process and guarantee that the selection is fair and accountable.

This call for transparency comes at a critical time, as the Nigerian government has recently signed a Memorandum of Understanding (MoU) with a Russian consortium to rehabilitate and complete the Ajaokuta Steel Plant and NIOMCO. CISLAC’s advocacy is crucial in ensuring that the interests of Nigerians are protected and that the revitalization of these companies benefits the nation as a whole.

Through two detailed letters signed by Executive Director Auwal Musa Rafsanjani, CISLAC is urging the Ministry of Steel Development and the Bureau of Public Procurement to ensure transparency and adherence to the law.

CISLAC, the Nigerian chapter of Transparency International, is especially concerned about the absence of clear, legally mandated evaluation criteria, an issue that threatens the selection’s integrity.

According to CISLAC, key areas of the Request for Proposal (RFP) lack crucial details, such as the assigned weights for quality and cost factors, violating Section 51(1) of the Procurement Act.

Rafsanjani emphasized that without disclosing technical scores prior to opening financial proposals, the selection process undermines fairness and contravenes Section 51(4) of the Act.

CISLAC also noted the absence of explicit evaluation criteria, cautioning that this omission risks arbitrary scoring and could create room for bias.

Moreover, CISLAC expressed alarm over the exclusion of the Infrastructure Concession Regulatory Commission (ICRC) from this process, a move that, in CISLAC’s view, infringes on the ICRC Act, 2005, and statutory mandates for public-private partnerships.

This exclusion, the organization warned, raises both legal and transparency concerns, especially for a project carrying such high stakes.

Further more, CISLAC underscored the role of Civil Society Organizations (CSOs) in observing procurement processes to safeguard public interest.

Rafsanjani highlighted that Section 57 of the Act mandates transparent disclosure of conflicts of interest, a key safeguard for impartiality in such critical decisions. Additionally, the letter pointed to possible breaches of the Fiscal Responsibility Act, ministerial oversight duties, and ethics standards, which are crucial in maintaining the fairness of this process.

With federal investment in ASCL and NIOMCO exceeding $7 billion over four decades without substantial outcomes, CISLAC insists that Nigeria must avoid repeating past mistakes.

ShareTweetSend
Previous Post

NEMA’s Harmattan Readiness: Prioritizing Public Safety

Next Post

CISLAC Demands Accountability as Police Officers Disregard Court Orders in Yobe State

newspegonline24

newspegonline24

Related Posts

CISLAC Demands Urgent Reforms to Safeguard Press Freedom in Nigeria on World Press Freedom Day 2026
News

CISLAC Demands Urgent Reforms to Safeguard Press Freedom in Nigeria on World Press Freedom Day 2026

May 4, 2026
Civil society groups raise alarm over worsening insecurity and poverty in Nigeria
News

Workers’ Day: CISLAC Demands Urgent Reforms, Better Welfare for Nigerian Workforce

May 1, 2026
Postings reveal entrenched resistance to police reforms
Issues

Postings reveal entrenched resistance to police reforms

April 24, 2026
Next Post

CISLAC Demands Accountability as Police Officers Disregard Court Orders in Yobe State

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

Yilwatda Hails Nigerian Workers, Reaffirms Bola Ahmed Tinubu’s Commitment to Welfare and Economic Reforms

Yilwatda Warns Against Political Disruption As Tinubu’s Northern Economic Agenda Gains Momentum

May 5, 2026
28 Terror Suspects Arrested, 140 Guns Recovered As IGP Disu Launches VCRU, Moves To End Police Brutality

IGP Disu Doubles Down On Intelligence And Grassroots Policing Strategy

May 5, 2026
  • Trending
  • Comments
  • Latest
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

NIMC Trains Corps Members for Nationwide NIN Ward Enrollment Initiative

June 24, 2025
FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

FG Rescues 11 Nigerian Miners Stranded in Central African Republic, Brings Them Home Safely

August 15, 2025
Estate dispute: Son sues Senator Zainab Kure over late Governor Abdulkadir Kure’s Asokoro residence, bank accounts

Estate dispute: Son sues Senator Zainab Kure over late Governor Abdulkadir Kure’s Asokoro residence, bank accounts

April 8, 2026

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4
Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

3

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2
Yilwatda Hails Nigerian Workers, Reaffirms Bola Ahmed Tinubu’s Commitment to Welfare and Economic Reforms

Yilwatda Warns Against Political Disruption As Tinubu’s Northern Economic Agenda Gains Momentum

May 5, 2026
28 Terror Suspects Arrested, 140 Guns Recovered As IGP Disu Launches VCRU, Moves To End Police Brutality

IGP Disu Doubles Down On Intelligence And Grassroots Policing Strategy

May 5, 2026
Nigeria Ghana Strengthen Anti-Drug Alliance As NDLEA NACOC Sign Pact To Tackle Trafficking Cartels

Nigeria Ghana Strengthen Anti-Drug Alliance As NDLEA NACOC Sign Pact To Tackle Trafficking Cartels

May 5, 2026
28 Terror Suspects Arrested, 140 Guns Recovered As IGP Disu Launches VCRU, Moves To End Police Brutality

28 Terror Suspects Arrested, 140 Guns Recovered As IGP Disu Launches VCRU, Moves To End Police Brutality

May 5, 2026
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2026 Newspeg magazine - powered by Xtended.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2026 Newspeg magazine - powered by Xtended.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In