‘Recover state funds’
Samingo Etukakpan,
a community leader in Eket, Akwa-Ibom State, on Tuesday urged the state
government to either ensure the early completion of the public-private
partnership initiated refinery or recover state money. Mr Ekukakpan
told journalists in Eket that this was the only way to ensure that the
$10million (about N1.5billion) the state invested in the Eket Private
Refinery does not go down the drain.
He said the state Governor,
Godswill Akpabio, during his visit to Eket last weekend, said that the
$10 million state fund it invested in the project was trapped and that
the governor claimed that only $1 million (N150million) has so far been
recovered. The state government and Amakpe International Refineries are
collaborating on the refinery project. According to Mr Ekukakpan, the
governor said that the steps so far taken to recover the money from the
private investors have not yielded any good result.
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