CARDOSO DISMISSES NIRSAL EXECUTIVE MANAGEMENT
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has sacked the Executive management of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL).
A source at the organisation confirmed that the affected directors got their letters on Friday.
The pioneer Managing Director, Mr. Aliyu Abdulhameed, had earlier been sent away over an alleged multi-billion Naira fraud and has been under investigation.
His replacement, Abbas Umar Masanawa was removed in the latest exercise.
Although the CBN said the exercise was part of reorganisation, insiders said that it was part of the decision of Mr. Cardodo to remove those with unwholesome records.
What remained unclear was how all the directors would be involved in the mismanagement of the resources of NIRSAL.
Other directors who were sacked were : Kennedy Nwaruh, Executive Director, Operations; and Olatunde Akande, NIRSAL Plc’s Executive Director, Technical.
It was not clear if other staff in the Directorate cadre would be affected in further similar exercises.
But it was learnt that uncertainties about the fate of other senior staff was of a great concern to the workers.
More Stories
TRAFFIC REGULATIONS ENFORCEMENT: LASG IMPOUNDS 56 VEHICLES OVER VIOLATIONS
The enforcement unit of the Lagos State Ministry of Transportation has impounded 56 vehicles for violating traffic rules. This was...
BORNO GOVT GIVES UPDATE ON DONATIONS FOR VICTIMS OF RECENT FLOOD IN MAIDUGURI
The Borno State government has given an update on the pledges and actual donations from corporate entities, state governments, state...
JUST IN: EFCC MAKES ATTEMPT TO ARREST YAHAYA BELLO AT KOGI GOVERNOR’S LODGE ABUJA
Officials of the Economic and Financial Crimes Commission (EFCC) are presently making an attempt to arrest former governor of Kogi...
NECO SET TO RELEASE Y2024 SSCE INTERNAL RESULTS TOMORROW
The National Examinations Council (NECO), has said the results of the 2024 Senior School Certificate Examination internal will be released...
OUTSTANDING SALARIES: NASU, SSANU ISSUE THREE-WEEK ULTIMATUM, THREATEN INDEFINITE STRIKE
The Joint Action Committee of the Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Universities...
MAKINDE DECLARES SUPPORT FOR EDO PDP GOVERNORSHIP CANDIDATE, IGHODALO
Oyo State Governor, Seyi Makinde, on Wednesday declared support for the Edo Peoples Democratic Party (PDP) governorship candidate, Asue Ighodalo...