Latest News

Buhari removes Somefun as NSITF MD, nine other officers, appoints Akabogu as new MD

Published by

President Muhammadu Buhari has approved the removal of the Managing Director/Chief Executive Officer of Nigeria Social Insurance Trust Fund (NSITF), Mr. Bayo Somefun, and nine other top management officers of the fund.

Somefun and the top nine management staff, which included three executive directors, have been on suspension since July 1, 2020. The three executive directors are: Jasper Azuatalam, Tijani Sulaiman and Mrs. Olukemi Nelson.

Their removal also takes effect from that July 1, 2020, following the final approval of the recommendations in the report of the the Presidential Joint Board and Audit Investigation Panel set up by the president in July 2020 to investigate the alleged infractions of the Public Procurement Act, 2007, and the Financial Regulations (FR) in the NSITF.

President Buhari has also approved the appointment of Dr. Michael Akabogu, who is presently the General Manager, Risk Management Department of the NSITF, as the new Managing Director, having approved the reconstitution of the board.

Recent Posts

NIHORT, URUS Genetics to collaborate on boosting livestock production in Nigeria

The National Horticultural Research Institute (NIHORT) and URUS Genetics are working on a partnership which…

10 minutes ago

UNIDO partners EU on small hydro-power initiative to enhance agriculture 

The United Nations Industrial Development Organisation (UNIDO) said it has, in collaboration with the European…

40 minutes ago

SSAUTHRAI wants FG to expedite action on new condition, scheme of service for research institutes

•Laments poor funding of research institutes Senior Staff Association of Universities, Teaching Hospital, Research Institutes…

1 hour ago

Disobeying traffic lights: Need to address erring commercial motorcyclists

By: Jimoh Mumin The Oyo State government under the leadership of Engr. Seyi Makinde did…

2 hours ago

Ganduje and China’s execution noose 

“I have not knelt since China’s liberation.” Those were the last words she spoke before…

2 hours ago

Workplace Safety: NSITF assures on adoption of smart digital systems, AI

Management of Nigeria Social Insurance Trust Fund (NSITF), Kagini Branch on Monday pledged its resolve…

2 hours ago

Welcome

Install

This website uses cookies.