Nigeria loses $22.65 billion due to ALSCON closure – ICEN

Mkpoikana Udoma Port Harcourt — The Institute of Chartered Economists of Nigeria, ICEN, says Nigeria economy lost about $22.6 5billion since the closure of Aluminium Smelter Company of Nigeria, ALSCON at Ikot Abasi, Akwa Ibom in 2013. The economists attributed this to the legal tussle over the ownership between BFIG Group and a Russian company, … More »