Wednesday, July 24, 2024
Home Business President Buhari suspends NSITF MD,Somefun…11 others

President Buhari suspends NSITF MD,Somefun…11 others

President Muhammadu Buhari has suspended the Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Adebayo Somefun, indefinitely.

This was contained in a statement signed by the Deputy Director, Press and Public Relations, Charles Akpan, on Thursday in Abuja.

Buhari also approved the suspension of other Directors in the agency.

They include Jasper Ikedi Azuatalam, Executive Director, Finance and Investment; Olukemi Nelson, Executive Director, Operations and Alhaji Tijani Darazo Sulaiman, Executive Director, Administration.

Some management staff who were also suspended are Olusegun Olumide Bashorun, General Manager, Administration/Human Resources/Maintenance; Lawan Tahir, General Manager, Finance; Chris Esedebe, General Manager, Claims and Compensation; Olodotun A. Adegbite, Deputy General Manager, Investment and Treasury Management; Emmanuel Enyinnaya Sike, Deputy General Manager, Finance and Accounts.

Others are Olutoyin O. Arokoyo, Deputy General Manager/Acting Head, Legal; Dorothy Zajeme Tukura, Deputy General Manager, Administration and Mrs. Victoria Ayantuga, Assistant General Manager, Internal Audit.

The ministry noted that their suspension was a violation of the Financial Regulations and Procurement Act and other acts of gross misconduct.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Prophet Ikuru Urges President Tinubu to Address IPOB Leadership Issue

In a significant statement, Prophet Godwin Ikuru of the Jehovah Eye Salvation Ministry has called on President Bola Ahmed Tinubu to address the issue...

ZENITH BANK RECOGNISED AS ‘BEST CORPORATE GOVERNANCE FINANCIAL SERVICES’ IN AFRICA FOR THE FOURTH YEAR RUNNING

For the fourth consecutive year, Zenith Bank Plc has been named as the Best Corporate Governance 'Financial Services' Africa 2023 by the Ethical Boardroom. The...

World Earth Day 2023: Renowned Environmentalist, Desmond Majekodumi Commends Unity Bank’s Sustainability Strides

Unity Bank Plc has received commendation from one of Nigeria’s foremost environmentalists, Mr. Desmond Majekodunmi for its consistent environmental sustainability initiatives and programmes aimed...

Unity Bank speaks on disclosure of customer’s information to third party

Unity Bank on Tuesday said that the issues raised over disclosure of a customer’s transaction details to an Egyptian third party via emails since...

Recent Comments

x  Powerful Protection for WordPress, from Shield Security
This Site Is Protected By
Shield Security