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Senate uncovers ‘illegal’ firm under Industry ministry - The Nation Nigeria

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Senate uncovers ‘illegal’ firm under Industry ministry

According to the committee, the ministry proposed to draw over N42 billion for the firm from its vote in this year’s budget.

Trouble started when Industry, Trade & Investment the Minister Okechukwu Enelamah appeared before the committee to defend his ministry’s 2019 Budget. At the end of the presentation, Committee Chairman Senator Sabo Mohammed, referred him to item 2 on page 7 of the booklet which has N42.091 billion budgetary allocation for Nigeria Special Economic Zone Company not known to be one of the 17 agencies under the ministry.

He said: “One of the areas that this government has focused on is infrastructure. The second area is industrialization and the two have something in common.

 

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Senate uncovers ‘illegal’ firm under Industry Ministry - The Nation NigeriaThe Senate Committee on Trade and Investment on Monday uncovered a Special Economic Zone firm allegedly floated illegally by the Ministry of Industry, Trade
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