» » Concerns grow over ALSCON!

 

Concerns grow over ALSCON!

Author: john on 23-10-2013, 16:50, views: 2 813

68

Concerns grow over ALSCON!Workers of the Smelter Company of Nigeria (ALSCON) and Ikot Abasi community youth groups have raised the alarm over alleged asset stripping in the company, which has been without a legal management since the court sacked the Russian firm, UC RUSAL, from running it.

Although UC RUSAL suspended production in the first quarter of the year, it has nevertheless continued to lay claim to the ownership of ALSCON, insisting that the Supreme Court ruling of 2012 does not stop it from manning the steel firm.

While production has been halted, RUSAL is allegedly engaged in systematic stripping of the assets in a bid to cripple the plant and frustrate the American firm, BFIG, which the court recognised as the bonafide buyers of the firm. RUSAL dismissed the allegation, saying it was merely ridding its territory of obsolete assets.

The workers, under the aegis of the Metal Products Senior Staff Association of Nigeria (MPSSAN), alleged that UC RUSAL had been dismantling and selling for cash stem rods and anodes, vital components of the plant used in the manufacture of steel ingots.

A spokesman of the workers association told reporters in Abuja that the Russian firm, which had failed in recent times to pay salaries to workers, was also cutting and melting the bussbar/risers used in transmitting electric current to the production pots for melting aluminium and selling them as ingots.

It was also gathered that about 20 fairly-used company cars are slated for immediate disposal.

The MPSSAN spokesman, who pleaded that his identity be protected to avoid being victimised, said the cut stem rods and anodes were often sold to some Chinese customers.

Industry experts gave the current estimated market value of the bussbar/risers, which have never been used since the completion of the plant in 1998, at over N1billion, while each of the about 4,200 stem rods and anodes at the plant was valued at over $100,000.

The workers alleged that the Russians, working with three top Nigerian managers in the plant, have been actively selling off core assets of the firm without rendering accounts to anyone.

An aggrieved worker alleged, “The Russians have put everything in place to sell the remaining coke and alumina from the silos.

“When they took over the plant in 2007, they inherited over 8,000 metric tonnes of alumina; 5,200 pieces of anode blocks; 5,820 pieces of cathode blocks; over 8,000 anode stems; over 200 tonnes of cryolite and over 170,000 tonnes of cast iron. Why they now want to sell even cast iron blocks, together with the pots, is mind boggling”.
The workers said they were compelled to bring the matter to public knowledge after reports to government representatives on the Board of ALSCON, including the Director General, Bureau of Public Enterprises (BPE), Benjamin Dikki, and the Deputy Director (Steel) in the privatization agency, Mohammed Dikko, about the development at the plant failed to yield result.

Following the allegation of the cannibalisation of the plant, community youths, under the platform of ‘Mboho Ikot Abasi’, wrote to the Managing Director of ALSCON, Stanislav Kruglyashav, demanding to meet with him to express their concern, and requested to tour the facility to verify the allegations.

But the request was turned down.

Dissatisfied by the company’s action, the community, in a letter to the Managing Director, dated August 2 and signed by the President General, Donatus Uko, and Secretary General, Genesis Udoh, the “Mboho Ikot Abasi” expressed concern over the rejection of their request, saying the firm must discontinue the “systematic cannibalisation of the plant facilities.”

UC RUSAL Director, Communication/Meida, Tatyana Smirnova, in response to media enquiry, described the allegation by the community as “misleading and does not correspond to reality.”

According to Smirnova, ALSCON is presently cleaning its territory of unrealizable assets, obsolete and not suitable for use equipment, which cannot be utilised for production of aluminium.

“In addition, I would like to emphasise that the acquired equipment is the property of RUSAL and makes a part of modernisation program that was implemented from 2007 till 2012. RUSAL has put around $US159.4 million of its own investments into the plant,” she added

DG of BPE, Dikki, denied knowledge of any letter from the community on the issue.

When told that BFIG also claimed to have sent a similar letter to the BPE to intimate it of the issue, Dikko said, “Any such letter from BFIG would not be taken seriously,

“Nobody will act on any letter on the issue from BFIG. They have not been fair to us. All the reports about ALSCON in the media are from BFIG, which is causing us troubles”.

But BFI Group’s Executive Vice President, Public Relations, Frank Shearer, in a telephone interview, said his company, which he described as the real owners of ALSCON, was surprised “at the level of sabotage at the plant”, saying after the allegations from insider sources, BPE was promptly notified with a view to ensuring that steps were taken.
“Yes, we are aware of the on-going attempts to bring the plant to a state that it would become difficult for any investor to resuscitate and operate successfully after the Russians must have left”, he said..
“We feel that the ongoing assets stripping of ALSCON by the Russians, who are supposed to transform it into a national productive asset for job creation and foreign exchange earnings is a deliberate attempt to further undermine Nigeria’s efforts to transform her economy into a leading player in the world.”

скачать dle 11.1смотреть фильмы бесплатно

Category: News

Dear visitor, you are browsing our website as Guest.
We strongly recommend you to register and login to view hidden contents.
<
  • Articles: 0
  • Comments: 90
  • ICQ: {icq}
15 October 2017 19:00

sirking79

  • Usergroup: Members
  • Register: 15.10.2017
  • Status: Currently Offlline
 
Excellent and very  exciting site. Love to watch. Keep Rocking..Questions to ask your girlfriend

<
  • Articles: 0
  • Comments: 1
  • ICQ: {icq}
23 January 2018 18:20

Cassie

  • Usergroup: Members
  • Register: 23.01.2018
  • Status: Currently Offlline
 
I believe that their concern is on point as they need to do  something about case study help as it is growing very rapidly and can damage  a lot of corps in less time.

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
9 April 2018 10:10

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
Thank you for taking  the time to publish this information very useful!  How  do I increase my Sex drive

<
  • Articles: 0
  • Comments: 125
  • ICQ: {icq}
10 April 2018 10:02

fuzailfaisal

  • Usergroup: Members
  • Register: 9.04.2018
  • Status: Currently Offlline
 
Most of the time I  don’t make comments on websites, but I'd like to say that this article really  forced me to do so. Really nice post! Low Sex  Drive

<
  • Articles: 0
  • Comments: 125
  • ICQ: {icq}
11 April 2018 11:10

fuzailfaisal

  • Usergroup: Members
  • Register: 9.04.2018
  • Status: Currently Offlline
 
Thank you for taking  the time to publish this information very useful!   How  to Increase Endurance and Stamina

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
11 April 2018 15:34

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
very interesting  post.this is my first time visit here.i found so mmany interesting stuff in  your blog especially its discussion..thanks for the post!  Penomet Review

<
  • Articles: 0
  • Comments: 91
  • ICQ: {icq}
12 April 2018 13:04

kellybell

  • Usergroup: Members
  • Register: 12.04.2018
  • Status: Currently Offlline
 
Plaza experience on your article even when working with take note of sole sole a touch of product submits. Peaceful technique for not too distant future, Now i'm book-marking today reach fashions carryout comes along gone.Semenax Vs Volume Pills

<
  • Articles: 0
  • Comments: 125
  • ICQ: {icq}
16 April 2018 14:43

fuzailfaisal

  • Usergroup: Members
  • Register: 9.04.2018
  • Status: Currently Offlline
 
When you use a  genuine service, you will be able to provide instructions, share materials  and choose the formatting style. Grammarly  Discount For Students

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
16 April 2018 20:47

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
Thank you for taking the time to publish this information very useful!enrique olvera

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
17 April 2018 13:58

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
I recently came  across your blog and have been reading along. I thought I would leave my  first comment. I don't know what to say except that I have enjoyed reading.  Nice blog. I will keep visiting this blog very often.   Did  Chris Hemsworth Take Stetroids For Thor?

<
  • Articles: 0
  • Comments: 125
  • ICQ: {icq}
18 April 2018 11:07

fuzailfaisal

  • Usergroup: Members
  • Register: 9.04.2018
  • Status: Currently Offlline
 
I think  this is an informative post and it is very useful and knowledgeable.  therefore, I would like to thank you for the efforts you have made in writing  this article.  Did  Roman Reigns Takes Steroids Or Is He Natural?

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
19 April 2018 11:19

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
have never been used since the completion of the plant in 1998, at over N1billion, while each of the about 4,200 stem rods and anodes at the plant was valued at over $100,000.diseño web

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
19 April 2018 16:11

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
I recently came  across your blog and have been reading along. I thought I would leave my  first comment. I don't know what to say except that I have enjoyed reading.  Nice blog. I will keep visiting this blog very often.  www.wdewa.com

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
20 April 2018 09:45

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
I  don’t make comments on websites, but I'd like to say that this article really  forced me to do so. Really nice post!alquiler de vestidos en paraguay

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
21 April 2018 09:21

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
which have never been used since the completion of the plant in 1998, at over N1billion, while each of the about 4,200 stem rods and anodes at the plant was valued at over $100,000.
Russian Watches

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
23 April 2018 15:00

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
Impressive web site,  Distinguished feedback that I can tackle. Im moving forward and may apply to  my current job as a  pet sitter,  RegardsCan Volume  Pills Increase Semen Volume?

<
  • Articles: 0
  • Comments: 91
  • ICQ: {icq}
25 April 2018 16:30

kellybell

  • Usergroup: Members
  • Register: 12.04.2018
  • Status: Currently Offlline
 
Fast our site definitely will unquestionably turn out to be widely known with virtually all operating a blog families, because of its meticulous content pieces and / or review articles.leclimatiseur-mobile.fr/climatiseur-tristar/

<
  • Articles: 0
  • Comments: 144
  • ICQ: {icq}
25 April 2018 21:43

stunnera1234

  • Usergroup: Members
  • Register: 14.11.2017
  • Status: Currently Offlline
 
I can set  up my new idea from this post. It gives in depth information. Thanks for this  valuable information for all,.. iq option

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
26 April 2018 08:37

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
Industry experts gave the current estimated market value of the bussbar/risers, which have never been used since the completion of the plant in 1998, at over N1billion, while each of the about 4,200 stem rods and anodes at the plant was valued at over $100,000.Coventry Manned Guarding

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
26 April 2018 09:57

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
I think this is an  informative post and it is very useful and knowledgeable. therefore, I would  like to thank you for the efforts you have made in writing this article.  Christina  Aguilera Weight Loss

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
26 April 2018 19:32

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
According to Smirnova, ALSCON is presently cleaning its territory of unrealizable assets, obsolete and not suitable for use equipment, which cannot be utilised for production of aluminium.flight deals

The MPSSAN spokesman, who pleaded that his identity be protected to avoid being victimised, said the cut stem rods and anodes were often sold to some Chinese customers.Coconut Creek. fl

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
29 April 2018 22:57

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
allegedly engaged in systematic stripping of the assets in a bid to cripple the plant and frustrate the American firm, BFIG, which the court recognised as the bonafide buyers of the firm. RUSAL dismissed the allegation, saying it was merely ridding its territory of obsolete assets.abnehmen ohne Sport

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
30 April 2018 09:51

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
You make so many  great points here that I read your article a couple of times. Your views are  in accordance with my own for the most part. This is great content for your  readers.  raspberry  ketones reviews

<
  • Articles: 0
  • Comments: 16
  • ICQ: {icq}
30 April 2018 10:07

alicejensen

  • Usergroup: Members
  • Register: 28.04.2018
  • Status: Currently Offlline
 
Ones own  accomplished on your web log even though moving attention just various tid  little bit of submits. Pleasant technique for forthcoming future, We are  book-marking prior to starting find programs judgment spgs completely  together.  penis stretcher

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
30 April 2018 20:33

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
allegedly engaged in systematic stripping of the assets in a bid to cripple the plant and frustrate the American firm, BFIG, which the court recognised as the bonafide buyers of the firm. RUSAL dismissed the allegation, saying it was merely ridding its territory of obsolete assets.security company cumbria

<
  • Articles: 0
  • Comments: 91
  • ICQ: {icq}
1 May 2018 12:46

kellybell

  • Usergroup: Members
  • Register: 12.04.2018
  • Status: Currently Offlline
 
That'sthe rationale  advertising and marketing for you to proper studying before writing. Also, it  is attainable to write down superior writing because of this.1xbet

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
2 May 2018 11:01

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
The workers alleged that the Russians, working with three top Nigerian managers in the plant, have been actively selling off core assets of the firm without rendering accounts to anyone.
Fingerlings

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
3 May 2018 19:37

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
engaged in systematic stripping of the assets in a bid to cripple the plant and frustrate the American firm, BFIG, which the court recognised as the .
Dallas Results

<
  • Articles: 0
  • Comments: 176
  • ICQ: {icq}
4 May 2018 17:33

aileen123

  • Usergroup: Members
  • Register: 18.04.2018
  • Status: Currently Offlline
 
RUSAL and makes a part of modernisation program that was implemented from 2007 till 2012. RUSAL has put around $US159.4 million of its own investments into the plant,” she addedjacks or better video poker paytable

<
  • Articles: 0
  • Comments: 140
  • ICQ: {icq}
5 May 2018 09:30

Anna Sally

  • Usergroup: Members
  • Register: 2.04.2018
  • Status: Currently Offlline
 
Yes i am totally  agreed with this article and i just want say that this article is very nice  and very informative article.I will make sure to be reading your blog more.  You made a good point but I can't help but wonder, what about the other side?  !!!!!!THANKS!!!!!! Security company  Exeter

Previous Next
Information
Users of Guests are not allowed to comment this publication.