NEPZA boss warns staff on financial regulations violation

The managing director of Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, has warned staff of the agency on violations of financial regulations and inappropriate financial dealings.

This was contained in a statement issued Wednesday in Abuja by the agency’s head of corporate communications, Martins Odeh.

According to the statement, Adesugba gave the warning while briefing the audit personnel.

He said he would not tolerate tampering with financial regulations and corruptive activities, both in the procurement process and in the financial management of the agency.

“Let me make this very clear- I will strictly enforce extant rules and financial regulations. I will not tolerate breaching of due process in procurement and other financial transactions.

“I charge you to ensure proper records keeping and observance of the internal processes. Every transaction must be within the bound of the law. If there is any infraction, I will act swiftly against culprits. There must be no excuse.

“I am a stickler for transparency and accountability. Any official who breached the financial protocols will be sanctioned. We will conduct governance audit to ensure the right things are done. We must adopt and follow our processes within the ground of extant regulations,” he said.

Adesugba urged the staff of the agency to imbibe the culture of transparency and accountability, warning that he would not shield nor defend any official engaging in corrupt practices.

He assumed duty as NEPZA boss on July 1, this year, after President Muhammadu Buhari approved his appointment on June 26.

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