CSO Petitions NASS Over NIOMCO and Premium Steel Deal

The civil society organization, Public Accountability and Transparency International, submitted a petition to the House of Representatives concerning the Sub-Lease and Operation Agreement between the National Iron Ore Mining Company (NIOMCO) and Premium Steel and Mines Limited, dated August 20, 2026. This prompted the House Committee on Steel Development, chaired by Hon. Zainab Gimba, to initiate a preliminary investigation into the transaction and related procurement issues involving the Federal Ministry of Steel Development.
The committee's investigation is based on Sections 88 and 89 of the 1999 Constitution and Order 17 of the Standing Orders of the House of Representatives. The petition raised concerns about the agreement's compliance with procurement procedures and its implications for the revival of Ajaokuta Steel Company Limited.
The committee requested relevant documents, including the NIOMCO-Premium Steel agreement and procurement documents related to Ajaokuta, to be submitted within seven days, warning that non-compliance could lead to summons of officials.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories

CSO Petitions NASS Over NIOMCO-Premium Steel Agreement
CSOs Demand Probe of Port Harcourt Refinery Rehabilitation

Senate Probes Oil Sector, Summons Key Agencies for Audit

CSOs Urge NASS to Finalize State Police Bill Quickly

CSOs Demand Transparency on JBS $2.5bn Investment MoU

Senate Investigates NNPCL, CBN Over NEITI Audit Reports
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.






