Proposal on Financing Options for Ajaokuta Steel Company Limited

Abstract

This brief presents various financing options and their implication for the revitalization of Ajaokuta Steel Company Limited. Basically, some of the viable financing options espoused in this brief include: government financing option, international development financial institutions funding, funding from the capital market, Excess Crude Account (ECA), floating of bonds, sales of government assets, and a combination of these options.