President Bola Tinubu suspends Rural Electrification Agency MD and three directors over 1.2billion Naira fraud

President Bola Tinubu suspends Rural Electrification Agency MD and three directors over 1.2billion Naira fraud
President Bola Tinubu suspends Rural Electrification Agency MD and three directors over 1.2billion Naira fraud

 

President Bola Tinubu has suspended the Managing Director/Chief Executive Officer of the Rural Electrification Agency, Ahmad Salihijo, alongside three Executive Directors of the Agency, indefinitely.

The State House revealed in a statement signed by Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale. This followed new findings unearthed during a comprehensive investigation into the financial activities of the Rural Electrification Agency. 

Aside from Salihijo, the President also suspended the Executive Director, Corporate Services, Olaniyi Netufo; Executive Director, Technical Services, Barka Sajou and Executive Director, Rural Electrification Fund, Sa’adatu Balgore.

Ngelale revealed that Tinubu also ordered a wider investigation into the conduct of the officials in a fraudulent misexpenditure amounting to over N1.2billion naira over the past two years, some of which has already been recovered by anti-graft agencies.

 

Consequently, the President appointed a new management team of the Agency who will serve in acting capacity with immediate effect.

 

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