₦airaland Forum

The Minister of Finance, Mrs. Kemi Adeosun, yesterday, disclosed how the federal government Export Grant was thoroughly abused in the past, saying that some people got export grants for exporting stones.

She spoke during a meeting with the Nigeria Economic Summit Group (NESG), in Abuja.

Her words, “On paper, why will you cancel Export Grant? The EG is set up to encourage export business.

“However, in a situation, where we do not have control, we open up doors for the kind of abuse, which are only imaginable. We have people exporting stones, describing them as high valued goods, collecting an import credit and using that to import fish.”

“We do need to look for how to support export, but we have to be very realistic in the recommendations we are coming up with.

The group met her to seek federal government assistance in making export business more attractive , among others.

She said that although the Export Grant scheme was stopped by the previous administration due to unprecedented abuse, the current government upheld the suspension in order to undertake a critical review of the policy.

She challenged the private sector body to come up with suggestions on implementable policies, in view of the current economic situation in the country.

Extending her hand of fellowship to the NESG, the Minister said the Ministry of Finance was ready to work with them and therefore challenged the private sector group to keep track of some of the recommendations to the Federal Government.

ConqueredWest:
She will soon blame Jonathan.

APC and complaincomplain

She said that although the Export Grant scheme was stopped by the previous administration due to unprecedented abuse, the current government upheld the suspension in order to undertake a critical review of the policy.

TyrantInAsoRock:
'its their way of life


A man I was arrested for stealing women panties in
Brazil , he was I was caught with over 500+ panties
when asked why he said he i said i can't sleep without
sniffing women panties, once he Once i sniff any pant he
will i will have a very sound sleep



As sniffing panties is to this man me so is lies to Apc to me

ConqueredWest:
She will soon blame Jonathan.

APC and complaincomplain

sarrki:
Nothing dey say about the last government that I won't believe

The most corrupt government in the history of Nigeria

She said that although the Export Grant scheme was stopped by the previous administration due to unprecedented abuse, the current government upheld the suspension in order to undertake a critical review of the policy.

sarrki:
Nothing dey say about the last government that I won't believe

The most corrupt government in the history of Nigeria

TyrantInAsoRock:
'its their way of life


A man was arrested for stealing women panties in
Brazil , he was caught with over 500+ panties
when asked why he said he can't sleep without
sniffing women panties, once he sniff any pant he
will have a very sound sleep



As sniffing panties is to this man so is lies to apc

sarrki:
Nothing dey say about the last government that I won't believe

The most corrupt government in the history of Nigeria humankind.

appini:
Zombiqua is a dangerous disease.

ConqueredWest:
She will soon blame Jonathan.
APC and complaincomplain