Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Super Eagles Captain Troost-Ekong Retires From International Football Weeks Before AFCON

December 4, 2025

President Tinubu swears in ex-CDS Musa as defence minister

December 4, 2025

Invest At Home, Dangote Tells African Entrepreneurs

December 4, 2025
Facebook X (Twitter) Instagram
Trending
  • Super Eagles Captain Troost-Ekong Retires From International Football Weeks Before AFCON
  • President Tinubu swears in ex-CDS Musa as defence minister
  • Invest At Home, Dangote Tells African Entrepreneurs
  • Tinubu nominates Ibas, Dambazau as ambassadorial nominees
  • Appeal court upholds judgment barring VIO from stopping and impounding vehicles
  • Senate foreign affairs committee clears Oke, Are, Dalhatu for ambassadorial roles
  • Meta begins removal of under-16s from social media in Australia
  • Senate summons finance, Education ministers over $30m Safe School Initiative collapse
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Government»Alleged N1.2b Fraud: Tinubu Suspends Rural Electrification Agency MD, Three Others
Government

Alleged N1.2b Fraud: Tinubu Suspends Rural Electrification Agency MD, Three Others

VardiafricaBy VardiafricaMarch 7, 2024Updated:March 7, 2024No Comments5 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

President Bola Tinubu has suspended the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad.

Confirming the suspension in a statement on Thursday, presidential spokesman, Ajuri Ngelale, said the President also suspended three executive directors of the agency

“In the light of new findings unearthed during a comprehensive investigation into the financial activities of the Rural Electrification Agency (REA), 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,” the statement read.

“Olaniyi Alaba Netufo — Executive Director, Corporate Services; Barka Sajou — Executive Director, Technical Services; Sa’adatu Balgore — Executive Director, Rural Electrification Fund (REF).

“President Tinubu has ordered a wider investigation into the conduct of the aforementioned officials in a fraudulent misexpenditure amounting to over N1.2 billion over the past two years, some of which has already been recovered by anti-graft agencies.”

Following the suspension, Tinubu appointed five qualified Nigerians to serve in the agency’s new management team in an acting capacity.

They are Abba Abubakar Aliyu as Managing Director/CEO, Ayoade Gboyega as Executive Director of Corporate Services, Umar Abdullahi Umar as Executive Director of Technical Services, Doris Uboh as the Executive Director of Rural Electrification Fund (REF) and Olufemi Akinyelure as the Head of Project Management Unit, Nigeria Electrification Project.

He asked the new appointees to uphold the highest standards of transparency and accountability in the discharge of their duties.

The President also reiterated 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.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

President Tinubu swears in ex-CDS Musa as defence minister

December 4, 2025

Tinubu nominates Ibas, Dambazau as ambassadorial nominees

December 4, 2025

Senate foreign affairs committee clears Oke, Are, Dalhatu for ambassadorial roles

December 4, 2025

Leave A Reply Cancel Reply

Top Posts

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202490

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

FG Reportedly Lists 15 Persons, BDCs As Terrorism Financiers

March 20, 202430
Don't Miss
Sports
Sports By VardiafricaDecember 4, 20253 Mins Read3

Super Eagles Captain Troost-Ekong Retires From International Football Weeks Before AFCON

By VardiafricaDecember 4, 20253 Sports Updated:December 4, 202503 Mins Read

Nigeria captain William Troost-Ekong has announced his retirement from international football, bringing to an end…

President Tinubu swears in ex-CDS Musa as defence minister

December 4, 2025

Invest At Home, Dangote Tells African Entrepreneurs

December 4, 2025

Tinubu nominates Ibas, Dambazau as ambassadorial nominees

December 4, 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: info@vardiafrica.com
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Super Eagles Captain Troost-Ekong Retires From International Football Weeks Before AFCON

December 4, 2025

President Tinubu swears in ex-CDS Musa as defence minister

December 4, 2025

Invest At Home, Dangote Tells African Entrepreneurs

December 4, 2025
Most Popular

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202490

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202549

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202442

Type above and press Enter to search. Press Esc to cancel.