THE Chairman of the committee, Oluwole Oke, made this known at an investigative hearing on the audit queries issued by the Office of the Auditor General of the Federation against the Nigeria Export Processing Zones Authority and companies licensed to collect statutory and operational fees on behalf of the Nigerian Ports Authority.
He said, “The Auditor-General of the Federation, pursuant to Section 85 of the Constitution of the Federal Republic of Nigeria, laid its report before the parliament, both the House and the Senate Committee on Public Accounts. Oke noted that though NEPZA is one of the windows through which Nigeria promotes investments, grows the economy and attracts foreign investments, “we observed that our projected gains are not being met, thus leading to loss of revenue, which the honourable Minister of Finance also attested to; that the reasons why we keep borrowing to finance our budget deficit is because we have revenue gap in the country.
“So, the essence of this engagement is to confirm whether truly, indeed, we have leakages. If they exist, how do we block them? And if there are culprits that have undermined Nigeria, how do we approve the sanctions recommended by the Auditor-General? That is the essence of this engagement.” However, Akande stated that the Dangote Group had never been known for unethical conduct since its existence in Nigeria or any other country.
I beg pay ASU make this pikin resume now
Congratulations, so what will happen to the money this time around?
The fact that Nigerian's have to steal from one another to make ends meet is just very funny Especially when there is literally money everywhere Especially if you know where to look But dnt worry, I'll tell you where
Oh congratulations. Sooo what's next? I mean where's the money going to now?