Buhari sacks NSITF boss, Michael Akabogu

Latest Politics updatein nigeria

The Managing Director of the nigeria Social Insurance Trust Fund (NSITF), Michael Akabogu has been relieved of his appointment. The reason for the development was yet to be made public but it was learnt that his sack was not unconnected with alleged forgery of his National Youths Service Corps (NYSC) Discharge Certificate. An impeccable source […]
The post Buhari sacks NSITF boss, Michael Akabogu appeared first on Daily Trust.

The Managing Director of the nigeria Social Insurance Trust Fund (NSITF), Michael Akabogu has been relieved of his appointment.

The reason for the development was yet to be made public but it was learnt that his sack was not unconnected with alleged forgery of his National Youths Service Corps (NYSC) Discharge Certificate.

An impeccable source at the fund, who confirmed this to Daily Trust said he was asked to step aside pending conclusion of an investigation being carried out by the police.

“Yes, he has been asked to step aside,” an official of the fund, who pleaded anonymity told our correspondent.

APC Muslim-Muslim ticket: Shun sentiments, vote quality leaders – Idowu-Fearon

National crises: Buhari convenes emergency Council of State meeting Friday

The spokesperson for the fund, Mrs Ijeoma Oji-Okoronkwo could not be reached for comment as of when filing this report as calls to her mobile indicated “Switched off”.

Related Topics:Akabogu Boss Buhari Michael NSITF Sacks

Up Next

IMF wants Nigeria to adopt more tightening fiscal, monetary policies

Don't Miss

Bola Tinubu hails Nigerian governors over Supreme Court ruling on new naira policy

Wike, 36 Govs Sued by SERAP Over Alleged Failure to Account for N5.9trn, $4.6bn Loans

Latest Politics updatein nigeria

SERAP-Tinubu

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the governors of the 36 states of the Federation, and the Minister of the Federal Capital Territory, Nyesom Wike, over their failure to account for, and publish the agreements of the N5.9 trillion and $4.6 billion loans obtained by their states and the FCT, respectively.

The suit, numbered FHC/ABJ/CS/592/2024 was filed on Friday on behalf of SERAP by its lawyers – Kolawole Oluwadare, Kehinde Oyewumi and Valentina Adegoke, at the Federal High Court, Abuja.

The statement, which was made available to the media on Sunday, asked the court to “direct and compel the governors and Mr. Wike to account for N5.9trn and $4.6bn loans obtained by their states and the FCT and to publish copies of the loan agreements, location of projects executed with the loans.”

The suit is a sequel to SERAP’s demand which was addressed to the 37 respondents in a statement issued by the organisation’s Deputy Director, Kolawole Oluwadare on March 31, 2024.

In the statement, SERAP urged the court to “direct and compel the governors and Mr. Wike to invite the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences Commission to investigate the spending of all the loans obtained to date by their states and the FCT.”

SERAP is arguing that “it is in the public interest to grant the reliefs sought. Nigerians have the right to see and scrutinise the loan agreements and know the details of how the domestic and external loans obtained by the governors and FCT minister are spent.

“Opacity in the spending of the loans obtained by the governors and Mr. Wike would continue to have negative impacts on the fundamental interests of the citizens.”