Oke was quoted by some news media to have revealed alleged recovery of missing N17 billion revenue generated by some companies operating within the Free Trade Zones. The denial is contained in a statement signed yesterday by the Executive Secretary of the Nigeria Economic Zones Association, Toyin Elegbede in Abuja. We will plead that the committee deliberately study how economic zones operate. We can only urge the committee chairman to avoid actions and activities that may weaken and discourage the growing foreign investment into Nigeria’s economic zones. “The President Muhammadu Buhari administration has recorded huge gains in the industrialisation of Nigeria through the special economic zones.

Source: The Guardian May 12, 2022 02:21 UTC