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N1.2bn Expenses: Tinubu Suspends Ahmad, Rural Electrification Agency MD, 3 Executive Directors

by Nse Anthony - Uko
1 year ago
in Business
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President Bola Tinubu has approved the indefinite suspension of the managing director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, alongside three executive directors of the Agency, from office:

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The presidential spokesman, Ajuri Ngelale, said the suspension is in the light of new findings unearthed during a comprehensive investigation into the financial activities of REA.
Also suspended are executive director, Corporate Services, Olaniyi Netufo; executive director, Technical Services Barka Sajou and executive director, Rural Electrification Fund (REF), Sa’adatu Balgore.
The statement said the President has ordered a wider investigation into the conduct of the aforementioned officials in a fraudulent mis-expenditure amounting to over N1.2 billion over the past two years, some of which has already been recovered by anti-graft agencies.
“By the directive of the President, the following qualified Nigerians are appointed to serve in the new management team of the Rural Electrification Agency (REA),” the statement read.

The President also named Abba Aliyu as the managing director/CEO, in acting capacity. He also appointed Ayoade Gboyega as executive director, Corporate Services.
Others include Umar Abdullahi Umar, executive director, Technical Services; Doris Uboh, executive director, Rural Electrification Fund (REF) and Olufemi Akinyelure, head of Project Management Unit, Nigeria Electrification Project.

‘President Tinubu expects all appointees in his administration to uphold the highest standards of transparency and accountability in the discharge of their duties and reiterates his determination to elevate the yearnings of Nigerians for good governance and qualitative service delivery above the narrow interests of individuals who are entrusted to provide critical services to the Nigerian people,” the statement revealed.


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