President Buhari

Nigeria President Muhammadu Buhari on Thursday suspended the managing director/chief executive officer of the Nigeria Social Insurance Trust Fund (NSITF) Adebayo Somefun indefinitely.

Nigeria’s labour and employment ministry in a statement, signed by Charles Akpan of the Press and Public Relations in the ministry, stated that 11 other officials of NSITF who were also asked to proceed on suspension include Jasper Ikedi-Azuatalam, Executive Director (ED), Finance and Investment, and Mrs Olukemi Nelson, ED, Operations.

Also suspended are Alhaji Tijani Darazo Sulaiman, ED, Administration, Mr Olusegun Olumide-Bashorun, General Manager, Administration/Human Resources/Maintenance, and Mr Lawan Tahir, General Manager, Finance.

Others included Mr Chris Esedebe, General Manager, Claims and Compensation, Mr Olodotun Adegbite, Deputy General Manager, Investment and Treasury Management, and Mr Emmanuel Enyinnaya-Sike, Deputy General Manager, Finance and Accounts.

The ministry said their suspension was due to violation of the Financial Regulations and Procurement Act, and other acts of gross misconduct.