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 Plcās 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
NPFL: REMO STARS RECLAIM TOP SPOT, 3SC SHOCK RANGERS
The Nigeria Premier Football League (NPFL) matchday 18 fixtures produced a blend of surprising results. A total of eight goals...
PRES. TINUBU MOURNS THE PASSING OF RETIRED SUPREME COURT JUSTICE UTHMAN ARGUNGU
President Bola Tinubu expresses profound sorrow over the passing of retired Supreme Court Justice Uthman Muhammad Argungu, describing his departure...
FUEL PRICE TO DROP TO N935 PER LITRE BY MONDAY – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN), says the price of petrol will drop to N935 per litre by...
UPDATE: COMMUNITY CALLS FOR JUSTICE OVER DEATH OF MEMBER IN POLICE CUSTODY
Residents of Erubu-Asunnara Community in Ilorin East Local Government Area of Kwara State have called on the Inspector General of...
LOOKMAN SCORES AS ATALANTA FIGHT BACK TO DEFEAT EMPOLI 3-2
Reigning African Footballer of the Year, Ademola Lookman was on the scoresheet as Atalanta surged back to the top of...
DEATH OF DEBTOR IN POLICE CELL: IGP VISITS KWARA, FAMILY OF DECEASED
Directs FCID to Take Over Case for Swift Dispensation of Justice.... The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, has...