The Nigerian Economic Zones Association , has described as ‘falsehood mixed with ignorance’, reports making the rounds and credited to the House of Representative, Public Committee chairman, Oluwole Oke over purported recovered N17billion from companies operating in the zones.
The umbrella body for investors and enterprises operating within the country’s free trade zones, described the reports as “a blatant misrepresentation of facts”, as Elegbede said “there was no recovery of any such amount from its members as claimed by the lawmaker. “The said money has nothing to do with loss of revenue. Our members submit yearly audited reports to the regulators, NEPZA and OGFZA, which review or query such reports,”Elegbede said.
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