Skip to content
October 25, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Breaking News
  • President Buhari suspends NSITF boss, others
  • Breaking News

President Buhari suspends NSITF boss, others

Admin July 2, 2020
apc uk

President Muhammadu Buhari

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

Sen Chris Ngige, Minister of Labour and Employment, in a statement by Charles Akpan of the Press and Public Relations in the ministry, named other officers suspended to include Jasper Ikedi-Azuatalam, Executive Director (ED), Finance and Investment, and Mrs Olukemi Nelson, ED, Operations.

Also suspended are Alhaji Tijani Darazo Sulaiman, ED, Administration, Mr Olusegun Olumide-Bashorun, General Manager, Administration/Human Resources/Maintenance, and Mr Lawan Tahir, General Manager, Finance.

NSITF
NSITF

Others asked to go are Mr Chris Esedebe, General Manager, Claims and Compensation, Mr Olodotun Adegbite, Deputy General Manager, Investment and Treasury Management, and Mr Emmanuel Enyinnaya-Sike, Deputy General Manager, Finance and Accounts.

The statement also named Mrs Olutoyin Arokoyo, Deputy General Manager/Acting Head, Legal, Ms. Dorathy Zajeme-Tukura, Deputy General Manager, Administration, and Mrs Victoria Ayantuga, Assistant General Manager, Internal Audit.

The minister said that their suspension from office arose from the “preliminarily established prima facie infractions on the extant Financial Regulations and Procurement Act, and other acts of gross misconduct”.

“During the period of their suspension, the officers will face a Joint Board and Audit Investigative Panel that had been set up to look into the financial and procurement breaches, as well as gross misconduct in the NSITF from  2016 to date.

“The gross misconduct has 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 statement said.

It quoted Ngige as specifically directing that Dr Kelly Nwagha, General Manager. Health, Safety and Environment Department, to assume the position of Managing Director/Chief Executive Officer, being the most senior General Manager in the organisation.

It said that officers assuming the new positions would take charge from Monday, July 6, 2020, until further notice.

Ngige charged the Chairman of the Board, Mr Austin Enajemo Isire, to ensure that the investigative panel commenced work as soon as possible.

He also charged him to ensure that the Board facilitated the smooth running of the Fund by creating the enabling environment and all the necessary staff adjustments and movements, in order to guarantee that services by staff to the contributors were not affected. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: deputy general general manager general manager finance

Post navigation

Previous COVID-19: We have not relaxed guidelines on mass gatherings – NCDC
Next COVID-19: Lagos State discharges 38 Nigerians, two foreigners 

Related Stories

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement Senate passes Finance Bill
  • Breaking News

Senate ​‌‌‌⁠‍‍⁠⁠‍‌​​​​‍‌‌‌​passes 2 amendment bills on raw materials, procurement

October 20, 2026
AfDB invests $750,000 to support women entrepreneurs in Nigeria Africa
  • Breaking News

AfDB invests $750,000 to support women entrepreneurs in Nigeria

October 16, 2026
NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%
  • Breaking News

NLNG Unveils 2026 Science Prize Winner: AI Breakthrough Cuts MRI Scan Times by 90%

October 13, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

David Umahi: The Deliberate Fratricide, By Valentine Obienyem Dave Umahi
  • Commentaries

David Umahi: The Deliberate Fratricide, By Valentine Obienyem

October 25, 2026
Uduaghan: Statesman, hero, patriot; adieu,  by Ken Ugbechie
  • Commentaries

Uduaghan: Statesman, hero, patriot; adieu,  by Ken Ugbechie

October 25, 2026
Tinubu hits back at opposition: You created the hunger, poverty we are trying to fix
  • Politics

Tinubu hits back at opposition: You created the hunger, poverty we are trying to fix

October 25, 2026
Troops Rescue Over 70 Hostages, Recover ₦10M Ransom, Arrest Key Terrorists Nationwide
  • National News

Troops Rescue Over 70 Hostages, Recover ₦10M Ransom, Arrest Key Terrorists Nationwide

October 24, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.