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Buhari suspends NSITF MD, others over corruption allegations

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

Supended also, are office of three executive directors, Mr. Jasper Ikedi Azuatalam, Executive Director, Finance and Investment, Mrs. Olukemi Nelson, Executive Director, Operations, and Alhaji Tijani Darazo Sulaiman, Executive Director, Administration.

Their suspension, according to the ministry, was due to the preliminarily established prima facie infractions of the Financial Regulations and Procurement Act and other acts of gross misconduct.

A statement signed by  the Director/head Ministry of Labour and Employment, Mr. Charles Akpan, on Thursday stated that the suspension was as a result of the preliminarily established prima facie infractions on the extant Financial Regulations and procurement Act, and other acts of gross misconduct.

Other management staff suspended according to  the statement are: The General Manager, Administration/Human Resources/Maintenance, the General Manager, Finance, Mr. Lawan Tahir, Mr. Chris Esedebe, General Manager, Claims and Compensation, Mr. Olodotun A. Adegbite, Deputy General Manager, Investment and Treasury Management, Mr. Emmanuel Enyinnaya Sike, Deputy General Manager, Finance and Accounts, Mrs. Olutoyin O. Arokoyo, Deputy General Manager/Acting Head, Legal, Ms. Dorathy Zajeme Tukura, Deputy General Manager, Administration, Mrs. Victoria Ayantuga, Assistant General Manager, Internal Audit

 asked to proceed on suspension.

According to the statement, “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.

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