• Contact Us
  • About Us
Friday, August 8, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Energy

Tinubu Suspends Rural Electrification Agency Boss, Three Others

metro by metro
March 7, 2024
in Energy
0
FG moves To Improve Consumer Credit In Nigeria
0
SHARES
0
VIEWS

Read Also

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 

DisCos Accounted For 100% Power Sector Casualties Q1-NERC

Senate Passes Electricity Act Ammendment Bill To Tackle Sector Collapse

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

According to 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.

ALSO READ:Kogi Guber Tribunal: Supreme Court Grants Ajaka, SDP’s Application For Stay Of Execution

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.

Previous Post

Kogi Guber Tribunal: Supreme Court Grants Ajaka, SDP’s Application For Stay Of Execution

Next Post

Tinubu Approves Reconstitution Of NELMCO Board, Amends Structure

Related Posts

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 
Energy

Amid Lingering Power Generation Crisis NMDPRA Begins Review Of Gas License Holders 

July 17, 2025
NERC Threatens Tougher Sanctions Against DisCos Over Low Power Supply
Energy

DisCos Accounted For 100% Power Sector Casualties Q1-NERC

July 17, 2025
Senate
Energy

Senate Passes Electricity Act Ammendment Bill To Tackle Sector Collapse

July 9, 2025
AEDC Attributes Outages To Explosion, Technical Fault As Over 20 Communities Thrown Into Darkness During Easter
Energy

AEDC At It Again As Power Outage Hits Parts Of Abuja

June 25, 2025
Next Post
Forex Market Volatility Puts Rates Unification Policy under Scrutiny, Tinubu, summons CBN Gov

Tinubu Approves Reconstitution Of NELMCO Board, Amends Structure

Leveraging Technology to Unlock Financial Inclusion and Economic Mobility in Malawi

August 8, 2025

Backbase and African Banker launch landmark report on the future of digital banking in Africa

August 8, 2025
FG Issues Warning Of 15-day Heavy Flooding In 31 States, Ogun, Bauchi, Bayelsa, Kogi On Very High-Risk List

FG Issues Warning Of 15-day Heavy Flooding In 31 States, Ogun, Bauchi, Bayelsa, Kogi On Very High-Risk List

August 8, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version