News

Tinubu Suspends REA Boss, Three Directors Over Alleged N1.2bn Fraud

…Appoints New MD, Others

President Bola Tinubu has approved the suspension of the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, and three other Executive Directors of the Agency.

This was disclosed in a statement by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale on Thursday, March 7, 2024.

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Ngelale said, the President also ordered a wider investigation into the conduct of the aforementioned officials for fraudulent misappropriation of over N1.2 billion in the past two years, some of which has already been recovered by anti-graft agencies.

The three suspended Executive Directors of the Agency are: (1) Olaniyi Alaba Netufo — Executive Director, Corporate Services (2) Barka Sajou — Executive Director, Technical Services (3) Sa’adatu Balgore — Executive Director, Rural Electrification Fund (REF).

He, however, disclosed that by the directive of the President, the following qualified Nigerians have been appointed to serve in the new management team of the REA in acting capacity with immediate effect:

(1) Abba Abubakar Aliyu — Managing Director/CEO, (2) Ayoade Gboyega — Executive Director, Corporate Services,
(3) Umar Abdullahi Umar — Executive Director, Technical Services, (4) Doris Uboh — Executive Director, Rural Electrification Fund (REF), (5) Olufemi Akinyelure — Head of Project Management Unit, Nigeria Electrification Project.

The Spokesperson said, the President 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.

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