Senate probes ministry, NEPZA over alleged N14.3bn transfer

Senate probes ministry, NEPZA over alleged N14.3bn transfer

Henry Umoru – Abuja

THE Senate on Tuesday commenced probe into the alleged illegal transfer of N14.3billion from the 2017 budgetary allocation of the Nigerian Export Processing Zones Authority (NEPZA) to a private company, Nigeria Special Economic Zones Company.

The Chairman of the Senate Committee on Trade and Investment, Senator Rose Oko, who disclosed this when the Minister of State, Trade and Investment, Hajia Maryam Katagum, appeared for the defence of 2020 Budget, said the transaction was a breach of the 2017 Appropriation Act.

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Source: Senate probes ministry, NEPZA over alleged N14.3bn transfer