The Minister of Industry, Trade and Investment, Okechukwu Enelamah, says the N14.3 billion meant for Nigeria Special Economic Zones Company is still in Central Bank of Nigeria account.The Senate in April directed Mr Enelemah and the acting Managing Director of Nigeria Export Processing Zones Authority , Terhemba Nongo, to return N14.3 billion to the purse of the federal government.
“The remaining 75 per cent will soon be provided by other private investors. N14.3 billion has been transferred to Central Bank of Nigeria’s account of NSEZCO, and the money is still there intact, waiting for other investors,’’ he saidHe said the ministry had improved the operational environment for businesses in the country supported the growth of Medium and Small-scale Enterprises.
“Others are enforcing contracts or trading within and across borders while investor interest in Nigeria has increased. He said the council had made many high-level interventions to address industrial sector issues such as electricity supply, broadband penetration and access roads. He said the National Council on Micro Small and Medium Enterprises for more focus on MSMES had been set up.
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