Nigerian group says EEG is hindering progress
05/12/2011
Nigeria’s Leather and Allied Product Manufacturers Association (APMA) has called on the National Assembly to abolish the Export Expansion Grant (EEG), saying that the grant is doing more harm than good.
In a letter to the National Assembly, which was signed by APMA chairman, Comrade Mustapha Nabegu, the group said since the grant came into existence, over $1.9 billion has been disbursed, but no commiserate result has been achieved.