Tuesday, 22 March 2016

N2bn for small, medium scale industries fund missing in Plateau

AS part of efforts to recover the money looted by the previous administration in Plateau State, the government has uncovered the disappearance of N2 billion meant for the small and medium scale industries in the state.
The Secretary to the State Government, Honourable Rufus Bature, who disclosed this in an interview  with  the Nigerian Tribune in Jos, said the money was released to the state, for the development of small and medium scale industries, towards  the end of the last administration.
According to him, the Central Bank of Nigeria (CBN) had written to the state government to verify if the money was disbursed for the purpose it was meant for, adding that the present administration in the state had no record of such disbursement to small and medium scale industries.
“There was a money that came towards the end of the last administration that was supposed to be given to the small and medium scale industries in the state. The money is about N2 billion, but the money suddenly disappeared and the CBN has written to us on what we have done with the money, but we didn’t inherit such money,” he said.
Honourable Bature further pointed out that the AP-led government in the state, had made some recovery in terms of money looted, adding that parts of the money in some private accounts had been discovered.

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