Following the approval of the recommendations in the Report of the Presidential Joint Board and Audit Investigation Panel, the President, Major General Muhammadu Buhari (retd.), has approved the sacking of the top management staff of the Nigeria Social Insurance Trust Fund over alleged N3 4 billion fraud.
The President set up the panel in July 2020 to investigate the infractions of the Public Procurement Act, 2007, and the Financial Regulations in the NSITF.
The NSITF Managing Director and Chief Executive, Bayo Somefun, and the Executive Directors in charge of Finance, Jasper Azuatalam; Investment, Operations, and Administration, Tijani Sulaiman, and Human Resources, and Mrs. Olukemi Nelson, were also relieved of their positions.
Also dismissed were the nine top management officers hitherto on suspension alongside the MD and EDs.
The decision, which took effect from July 1, 2020, The PUNCH had reported.
Spokesman for the Ministry of Labour and Employment, Mr. Charles Akpan, said this in a statement on Monday.
The ministry disclosed that the officials were sacked on the recommendations of the Minister of Labour and Employment, Chris Ngige.
The statement read in part, “In approving the implementation of the recommendations in the panel report, the President specifically approved the removal from office of the MD/CE and the three Executive Directors and their immediate replacement from the pool of General Managers of the NSITF and if necessary sourcing of capable hands from sister corporate organizations to uplift performance in the NSITF.
“Messrs Bayo Somefun, Jasper Azuatalam, Tijani Sulaiman and Mrs. Olukemi Nelson were therefore relieved of their appointments with effect from 1st July, 2020.
“Also relieved of their appointments were the nine top management officers on suspension with the MD and EDs who had their appointments terminated compulsorily with some to be retired after demotion in ranks from their present ranks as recommended by the panel.”
Toke Makinwa to host first ever BBNaija highlights on Showmax Tuesdays, Saturdays
Lawmaker blames ASUU over quality of education in Nigeria
Olympic: Canada stun US to set up women’s football final with Sweden
UNIBEN announces resumption dates for 2020/2021 academic session
Strike: NARD vows to resist FG’s no-work-no-pay directive
US, Russia clash over embassy staffing despite talks
Hushpuppi: Ex-RRS Commander Tunji Disu replaces suspended DCP Abba Kyari
Gov Emmanuel fancies Akwa United to conquer Africa
Sound Sultan: 18 things to know about throat cancer
Court acquits ex-NBA President of N1.4bn fraud charge
Igboho, Kanu: Who is naive now? BY Adekunle Ade-Adeleye
Expertise in household chores doesn’t make better wives – Blessing Okoro
Nigerians blast American rapper, Bia, for saying she doesn’t know Burna Boy, Wizkid, Davido
VIDEO: Angry indigene calls out road contractor over substandard road project in Edo
Mourinho tells Ozil his girlfriend slept with everyone at Inter, Milan – Perez audio leaks
Naira Marley’s signee, Zinoleesky acquires brand new car
VIDEO: Will I remain single if someone sweeps over my feet with a broom?
VIDEO: Gani Adams rallies Benin Republic monarchs for Sunday Igboho
FIDIO: Ǹjẹ́ Gbogbo Akitiyan Ìjọba Láti Mú Ẹ̀yìn Olóyè Sunday Ìgbòho Balẹ̀ Yìí Tọ́ Àbí Kò Tọ́?
VIDEO: Pastor Tunde Bakare declares National Movement
VIDEO: CCTV footage of nine-year-old suspect setting Prince Ebeano supermarket in Abuja on fire
VIDEO: Bandits release 28 abducted students of Bethel Baptist High School
VIDEO: Ladipo Market traders clash with security operatives
VIDEO: I passed through a lot in Oman, assaulted, owed wages, drugged and deported – Funmilayo Fehintola
Sports24 hours ago
French Super Cup: Lille beat Paris-Saint Germain 1-0
News24 hours ago
Nigeria, EU partner to improve COVID-19 vaccine supply
News14 hours ago
COVID-19: NCDC announces 407 new infections as doctors strike begins
Sports14 hours ago
Olympics: D’Tigress crash out after defeat to Japan
News15 hours ago
NNPC earns N2.129trn from petroleum sales
Sports8 hours ago
Netherlands’ Hassan clinches women’s Olympics 5000m gold
News9 hours ago
Uzodinma recalls Attorney general three months after sack
Sports15 hours ago
Lionel Messi ‘banned’ from Barcelona training – Report