Buhari Suspends NSITF Boss, 11 Top Officials

 Buhari Suspends NSITF Boss, 11 Top Officials

President Muhammadu Buhari has approved the immediate, compulsory, and indefinite suspension of Mr Adebayo Somefun, the Managing Director and Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF).

The directive was disclosed in a statement issued on Thursday from the Head of Press and Public Relations at the Ministry of Labour and Employment, Charles Akpan.

The statement read in part: “During the period of their suspension, the suspended officers are to face a Joint Board and Audit Investigative Panel that has been set up to look into the financial and procurement breaches, as well as gross misconduct in the NSITF for periods of 2016 to date, which have invariably put the Contributions of stakeholders in a perilous state.”

“The affected officers have also been directed to hand over to the most senior officers in their respective departments.

“The Executive Directors are, therefore, to hand over to the most senior general managers, while the managing director will hand over to the most senior officer in the Fund.”

According to the statement, the suspension of the officers arose from the preliminarily established prima facie infractions on the extant Financial Regulations and Procurement Act, and other acts of gross misconduct.

Those suspended  include 11 top officials of the agency which  include Jasper Azuatalam (Executive Director, Finance and Investment), Olukemi Nelson (Executive Director, Operations), and Tijani Sulaiman (Executive Director, Administration).

Others are Olusegun Bashorun (General Manager, Administration/Human Resources/Maintenance), Lawan Tahir (General Manager, Finance), Chris Esedebe (General Manager, Claims and Compensation), Olodotun Adegbite (Deputy General Manager, Investment and Treasury Management), and Emmanuel Sike (Deputy General Manager, Finance and Accounts).

Also affected by the suspension are Olutoyin Arokoyo (Deputy General Manager/Acting Head, Legal), Dorathy Tukura (Deputy General Manager, Administration), and Victoria Ayantuga (Assistant General Manager, Internal Audit).

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