Senate asks minister, NEPZA MD to refund N14.3bn

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The Senate has directed the Minister of Industry, Trade and Investment, Okechukwu Enelemah; and the acting Managing Director of Nigeria Export Processing Zones Authority, Terhemba Nongo, to return N14

.3bn to the purse of the Federal Government.The directive was contained in a letter written by the Chairman of Senate Committee on Trade and Investment, Mohammed Sabo.

Sabo claimed that the money was first lodged in NEPZA’s account domiciled with the Central Bank of Nigeria from 2017 budget allocations.The senator said, “To prevent this fraud, my committee wrote a letter to the CBN Governor, Godwin Emefiele, on April 8, asking him not to release the money. “That you should return the N14.3bn that was transferred from NEPZA’s account to the Nigeria Special Economic Zone Company’s account.

Members of the affected communities, under the auspices of the Coalition of FCT Indigenous Associations, stormed the National Assembly Complex.

 

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