ALSCON: FG SIGNS RENEWED SHARE PURCHASE AGREEMENT WITH UC RUSAL

ALSCON: FG SIGNS RENEWED SHARE PURCHASE AGREEMENT WITH UC RUSAL
February 5, 2018 Advocaat Law Practice

UC Rusal has been officially recognized by the Federal Government as the core investor of the Aluminium Smelter Company of Nigeria (ALSCON) Ikot Abasi, Akwa Ibom State, following the signing of the Renewed Share Purchase Agreement between Government and the Russian company. The Federal Government, however, still retains 20 percent equity in the Company.