MAN knocks EFCC over raid on Dangote’s office

The Manufacturers Association of Nigeria (MAN) has expressed worries over the recent invasion of the premises of Dangote Industries Limited by the Economic and Financial Crimes Commission (EFCC) as part of ongoing probe of forex allocation to 52 firms by the Central Bank of Nigeria (CBN).

The association, in a statement on Monday signed by its Director-General, Segun Ajayi-Kadir, said though it is not averse to the conduct of due investigations into the activities of companies, such inquiries should be done appropriately and devoid of what it described as sheer brigandage.

“What we understand is that it is part of EFCC’s ongoing investigation into forex allocations in the country. We believe it is within the remit of EFCC to do so,” the statement said.