It could be recalled that the Senate committee on trade and investment had invited the Minister over alleged N14bn the ministry transfered to a private company as budgetary allocation of Nigeria Export Processing Zone Authority .The Minister, who appeared before the Senate Committee on appropriation, explained that the money alleged to have been transfered was still in the coffers of Central Bank of Nigeria.
No transfer of N14bn into private company - Trade Minister – Daily Trust
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The Minister of Trade and Investment, Otunba Niyi Adebayo, has denied a transfer of N14 billion into any private company as alleged. It could... DailyTrust Nigeria