The National Association of Polytechnic Students have petitioned the Economic and Financial Crime Commission over alleged misappropriation of 20 billion naira intervention fund belonging to the Cement Technology Institute of Nigeria.
The students who staged a peaceful protest at the premises of the anti graft agency in Abuja, indicated that the fund was contributed as levies on imported cement to CTIN for technical training purposes over a decade ago when the country was still importing cement.
President, National Association of Polytechnic students, Comrade Muniru Opeyemi who spoke on behalf of the students said the alleged diversion of the intervention fund meant to provide training and development opportunities for Nigerian youth in the cement industry is worrisome and should be investigated.
The protest train thereafter moved to the ministry of Trade and Investment located at the area axis of Abuja metropolis where they also made a case for prompt action of their petition.
The Cement Technology Institute was established by the Ministry of Trade and Investment in 2011 to support the domestic cement industry and its activities through the acquisition and development of appropriate technology, and to ensure the availability of affordable cement throughout the country.
1