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NSITF Ag MD dragged to NASS, ICPC over nepotism

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NSITF Boss

 

From Ahmad Nakano

A petition against the Acting Managing Director of the Nigerian Social Insurance Trust Fund (NSITF), Dr. Kelly Nwagha, has been tabled before the Independent Corrupt Practices and Other Related Offenses Commission (ICPC).

 

The Acting MD is being accused of nepotism and other dubious practices regarding the reinstatement of the sacked staff of the Fund.

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A group, The Social Justice Initiative (T.S.J.I), which tabled the petition before the commission dated 8th October 2020, said the need for “an external investigation into this matter,” informed their decision to approach the anti-corruption agency.

 

Signed by the Executive Secretary, Azikiwe Chianu, it accused Nwagha of “using his office and position for gratification.”

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The petition, which has the acknowledgment stamp of ICPC, said the issue has since been on the public domain, including the National Assembly Committee on Public Petition, which is awash with requests for reinstatement from many members of staff dismissed by the past administration.

 

It added that “Dr. Kelly Nwagha was appointed in June 2020 as Acting Managing Director of the NSITF. Prior to his appointment, many staff of the NSITF had their appointments terminated for various offenses.

 

“A notable case amongst these was that of about eight (8) members of staff of the NSITF (Mararaba branch) whose appointment was duly terminated under the previous management after internal investigations found them complicit in the forgery of official documents to obtain personal loans from a Microfinance bank.

 

“These members of staff had their appointments terminated after they were found guilty by a duly constituted disciplinary committee of having breached some of the conditions of service of the NSITF.”

 

The petition stated that the appointment of Nwagha, however, saw some of the dismissed staff found their way back into the Fund.

 

“We are aware through reliable information that some of the eight members of staff dismissed by the previous management have been reinstated into the service of the Fund through the backdoor,” it said.

 

T.S.J.I, whose motto is: Good Governance Through Transparency & Accountability, said the reinstatement was conducted via personal ties.

 

It said some of the dismissed staff, “who have close and personal ties with Dr. Kelly Nwagha are being reinstated at an alarming speed.”

 

Nwagha, the group said, has been “actively cherry-picking” those staff and reinstating them back “without recourse to due process.”

 

It, therefore, urged the commission to investigate with a view to ensuring that the Acting MD.discharges his duties in an open and transparent manner, devoid of sentiments and personal interests

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Tinubu Replaces Tuggar with Bianca Ojukwu as Foreign Affairs Minister

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By Yusuf Danjuma Yunusa

President Bola Tinubu has approved the appointment of Ambassador Bianca Odumegwu-Ojukwu as Nigeria’s new Minister of Foreign Affairs, following the resignation of Ambassador Yusuf Tuggar, who stepped down ahead of his anticipated political move toward the 2027 elections.

Tinubu also nominated Ambassador Sola Enikanolaiye as Minister of State for Foreign Affairs, subject to Senate confirmation.

These were contained in a statement by presidential spokesperson Bayo Onanuga on Wednesday.

According to him, the changes are intended to strengthen Nigeria’s diplomatic posture and align foreign policy with the administration’s economic priorities.

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“These adjustments are part of ongoing efforts to reposition Nigeria’s foreign policy architecture for greater efficiency, strategic engagement, and stronger global partnerships,” the statement read.

Odumegwu-Ojukwu, a veteran diplomat and former Minister of State for Foreign Affairs, is expected to take over leadership of Nigeria’s external relations at a time when the administration is focusing on economic diplomacy, regional stability, and expanded international cooperation.

The presidency, in the same statement, emphasized her experience in international affairs, noting:

“Ambassador Odumegwu-Ojukwu brings decades of diplomatic experience and a deep understanding of Nigeria’s engagement with the global community,” the statement read.

Enikanolaiye, who previously served as Senior Special Assistant to the President on Foreign Affairs and International Relations, is a career diplomat with postings in several international capitals including Addis Ababa, London, Ottawa, Belgrade, and New Delhi.

The statement further described his nomination as part of efforts to strengthen continuity within Nigeria’s foreign service:

“Ambassador Enikanolaiye’s extensive experience across multiple diplomatic missions will support Nigeria’s evolving foreign policy objectives,” the statement added.

Tinubu congratulated both appointees and urged them to prioritize national interest, enhance economic diplomacy, and ensure improved welfare for Nigerians abroad.

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Senate Committee Warns Against Misinformation Over NNPC Funds Probe

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The Senate Committee investigating the alleged misappropriation of funds in the Nigerian National Petroleum Company Limited has cautioned social media users and influencers against spreading false information about its ongoing probe.

The warning was issued during a committee sitting, where lawmakers stressed the importance of accurate reporting and public discourse as the investigation continues.

Chairman of the committee, Senator Ahmad Wadada, made the remarks while presiding over a session attended by former Chief Financial Officer of the NNPC, Umar Ajiya. Wadada emphasized that the committee’s work is focused on uncovering facts and should not be misrepresented by unverified claims circulating online.

According to Wadada, the committee’s investigation spans financial activities from 2012 to the present, a timeline that does not fully overlap with Ajiya’s tenure. He noted that the appearance of the former CFO was part of efforts to clarify specific financial records and transactions presented to the panel for review.

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The committee commended Ajiya for honoring its invitation and cooperating with lawmakers. Members provided him with relevant documents during the session and requested detailed explanations to aid their understanding of the financial matters under scrutiny. The panel also indicated that it would carefully review all submissions before determining the next steps regarding its final report.

Reiterating its stance, the committee stressed that it has not accused any individual of theft or misappropriation of public funds. Wadada said that the investigation remains a fact-finding exercise and urged the public to refrain from drawing premature conclusions or assigning blame without evidence.

The lawmakers further issued a strong warning to social media handlers, urging them to desist from peddling falsehoods that could mislead the public or undermine the integrity of the investigative process.

They emphasized that misinformation could erode trust in public institutions and distract from the committee’s mandate.

In addition, the committee confirmed that it has sent formal communications to other key officials who have yet to appear before it, including former Group Chief Executive Officer of NNPC, Mele Kyari, and senior executive Bala Wunti. The panel warned that failure to honor its invitation could attract further legislative action as the probe progresses.

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Senate Confirms Yuguda as CBN Deputy Governor

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By Yusuf Danjuma Yunusa

The Senate on Wednesday confirmed the appointment of Lamido Yuguda as Deputy Governor of the Central Bank of Nigeria, describing him as “a square peg in a square hole.”

The confirmation followed the consideration of a report by the Senate Committee on Banking, Insurance and Other Financial Institutions, which cleared the nominee after a brief screening process.

Presenting the report, Chairman of the committee, Adetokunbo Abiru, told the chamber that Yuguda was qualified for the position based on his extensive experience and in line with Section 8(1) of the CBN Act.

According to him, the nominee demonstrated strong financial and monetary expertise during his screening earlier in the day and had no petitions against him.

He said the committee found him suitable and urged the Senate to confirm his nomination as Deputy Governor of the Central Bank of Nigeria.

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The motion for confirmation was seconded by Danjuma Goje, who declared, “President Bola Tinubu made the right choice on the appointment.”

The Senate President, Godswill Akpabio, subsequently put the question to a voice vote, with lawmakers overwhelmingly endorsing the nomination.

In his remarks after the approval, Akpabio described Yuguda as “a square peg in a square hole” and commended Bola Tinubu for what he termed a fitting appointment.

Earlier, the nominee was spared detailed questioning during his appearance before the committee, as lawmakers invoked the “take a bow and go” tradition.

Although Abiru had initially indicated interest in subjecting Yuguda to questions on monetary and fiscal policy, the move was halted by Osita Izunaso, who moved a motion to dispense with the exercise.

The motion, seconded by Sarafadeen Alli, was based on Yuguda’s prior engagements with the Senate.

Izunaso argued that the nominee was already well known to lawmakers, having been screened multiple times for key positions, including Director-General of the Securities and Exchange Commission and roles within the apex bank.

He said, “Mr Chairman and Distinguished colleagues, in line with our tradition, the nominee before us for the position of Deputy Governor of the Central Bank of Nigeria, is well known to us, having screened him three different times in the past for some other very important positions like Director General of Securities and Exchange Commission (SEC) and member of the monetary control of CBN.

“Personally, as Chairman of the Senate Committee on Capital Market, I had close interaction with Mr Yuguda as DG SEC and found him eminently suitable for the position of Deputy Governor of CBN nominated by President Tinubu,” he said.

Yuguda’s confirmation comes amid ongoing efforts to strengthen leadership at the Central Bank and deepen confidence in Nigeria’s monetary policy framework.

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