• Contact Us
  • About Us
Saturday, March 14, 2026
  • 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

Late‑stage GAMCO Rollout Confirms Doubts Over Uninterrupted Power Pledge-Stakeholders

Tinubu Moves to Tackle Power, Grid, Transmission Challenges, Inaugurates Committee On GAMCO

Tinubu Mulls Grid-Asset Management Company As FEC Okays Carter Bridge Demolition 

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

Tinubu Swears-In Ministers Amid Slow Growth, Insecurity, Low Morale, Among Other Concerns
Energy

Late‑stage GAMCO Rollout Confirms Doubts Over Uninterrupted Power Pledge-Stakeholders

March 10, 2026
Tinubu’s Government Orders Sale Of IBEDC, 4 Other Discos Within 90 Days
Energy

Tinubu Moves to Tackle Power, Grid, Transmission Challenges, Inaugurates Committee On GAMCO

March 6, 2026
Tinubu’s Government Orders Sale Of IBEDC, 4 Other Discos Within 90 Days
Energy

Tinubu Mulls Grid-Asset Management Company As FEC Okays Carter Bridge Demolition 

March 5, 2026
FG Intensifies Moves To Avert Looming Inflation Protests Amid Hide & Seek Game In Week Of Decision
Energy

National Embarrassment As South Africa Disconnects Electricity Supply To Nigerian High Commission Over Utility Debts

February 3, 2026
Next Post
Forex Market Volatility Puts Rates Unification Policy under Scrutiny, Tinubu, summons CBN Gov

Tinubu Approves Reconstitution Of NELMCO Board, Amends Structure

Nigeria’s Banking Recapitalization: A ‘Too Big To Fail’ Scenario In The Making?”

Production Slide Steals Nigeria’s Oil Bonus As US, Others Win War Premium

March 14, 2026

AU Should Strengthen its Framework to Curb Violence Against Women

March 13, 2026
In Defiant First Comments, New Supreme Leader Vows to keep Hormuz Shut, Netanyahu Issues Threat 

In Defiant First Comments, New Supreme Leader Vows to keep Hormuz Shut, Netanyahu Issues Threat 

March 13, 2026
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