Ajaokuta Steel Company of Nigeria and concession: counting the human cost, 2003-2010

Noah Echa Attah

African Journal of Economic and Sustainable Development, 2013, vol. 2, issue 2, 157-171

Abstract: Beginning from the 1980s, the Nigerian state has promoted and encouraged the liberalisation and commercialisation of production and distribution processes in tandem with liberal capitalism. The adoption of concession policy in the Ajaokuta Steel Company was therefore believed to be the key to the development of the industry, the bedrock of industrialisation in Nigeria. However, in the face of stark reality of deepening crisis in Ajaokuta Steel Company, concession became a chimera to its development. The extent of the correlation between the concession and the plight of the company's staff is explored in this paper.

Keywords: Ajaokuta Steel Company; economic development; concession policy; industrialisation; neo-liberal; Nigeria; liberalisation; commercialisation; liberal capitalism; deregulation; company personnel; employees; staff. (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=55140 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ajesde:v:2:y:2013:i:2:p:157-171

Access Statistics for this article

More articles in African Journal of Economic and Sustainable Development from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().