Minister of Industry, Trade and Investment Okechukwu Enelamah is to face an ad hoc panel of the House of Representatives over the concession policy for backward integration on sugar this week, it was learnt yesterday.
The House said its intervention was necessitated by the discovery of infractions of the policy, whereby some key participants have been found to have shortchanged the country.
The Abiodun Olasupo-led committee is expected to examine the records of the Industry, Trade and Investment to unearth the truth about the policy between 2013 and 2016.
Speaking at a news briefing during the weekend, Olasupo said the panel is desirous of uncovering the companies that were granted the waiver.
“Everyone involved with the policy have to explain why the policy has failed or why it has not been effective.”
