In News by Oluwaseun Samuel on the 03rd, July, 2020

Confusion As NSITF Administration Rejects Suspension By Ngige

Confusion As NSITF Management Rejects Suspension By Ngige




The Nigeria Social Insurance coverage Belief Fund (NSITF) has rejected the suspension order given by Chris Ngige, minister of labour and employment, because it stays operational.


Recall that In a letter dated July 1, 2020 and addressed to Adebayo Somefun (pictured), managing director of NSITF, Ngige stated President Muhammadu Buhari had accredited the suspension of the administration Somefun heads over “misappropriation and different gross misconduct”.


Somefun was instructed handy over to probably the most senior official within the board, and face a panel that might examine procurement dealings of the company from 2017 to 2020.


However reacting in a press release on Thursday, NSITF stated the president has not given such a directive.

“We want to state that President Muhammadu Buhari has not suspended the administration of NSITF and has not made any such announcement, anyplace,” the assertion learn.


“For readability, we obtained a letter from the Hon Minister of Labour and Employment, Sen Chris Ngige, stating that he’s finishing up a procurement audit of NSITF, and that Administration is suspended.

“We had famous that the Minister’s motion is towards President Buhari’s directive, by means of the Secretary to the Authorities of the Federations that no minister ought to droop, or purport to sack any head of company appointed by the president.

“The memo harassed that ministers ought to comply with laid down procedures, by going by means of the governing board of the companies, to make suggestions to the SGF, forward of any motion, if essential.

“We respect the president’s dedication to due course of, and are assured we will be protected by it. In the meantime, the NSITF administration stays open to any type of investigation by the suitable companies, because it has nothing to cover.”


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NSITF stated it had obtained many letters and petitions from the minister and that it will make communication obtainable to the general public and related authorities, if essential.


It added that the “administration of NSITF remains to be discharging its duties, as appointed by Mr President, and we ask all stakeholders to stay calm and focus, as all is effectively.”


In an analogous method, Sale Mamman, minister of energy, in 2019 had requested Marilyn Amobi, managing director of the Nigerian Bulk Electrical energy Buying and selling Firm Restricted (NBET), to step down, however the president later overruled the minister’s directive.


In Could, Boss Mustapha, secretary to the federal government of the federation (SGF), had additionally stated ministers can’t take away head of companies.


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