By Franca Ofili
Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, says that the N14.3 billion meant for Nigeria Special Economic Zones Company (NSEZCO) is still in Central Bank of Nigeria account.
Enelamah made the clarification in Abuja on Thursday at a news conference.
“The Federal Government has already released N14.3 billion as part of its 25 per cent (125 million dollars) investment commitment to the company.
“The remaining 75 per cent (375 million dollars) will soon be provided by other private investors. N14.3 billion has been transferred to Central Bank of Nigeria’s account of NSEZCO, and the money is still there intact, waiting for other investors,’’ he said
The Senate in April directed Enelemah and the acting Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Terhemba Nongo, to return N14.3 billion to the purse of the Federal Government.
The Senate alleged that the…
Source: News Agency of Nigeria
