Nigeria: Inside the Controversial Multi-Million Dollars Alscon Deal Brokered By a Nigerian Minister

23 September 2017

The Nigerian government has, through the Minister of Mines and Steel Development, Kayode Fayemi, been mediating in a multi-million deal that apparently violates a Supreme Court ruling, PREMIUM TIMES has learnt.

The deal is to get a Nigerian-American firm, BFI Group, to surrender to a Russian firm, UC RUSAL, its win of the 2004 bid for the multi-billion Aluminium Smelter Company of Nigeria (ALSCON).

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