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Following extensive investigations into the financial activities of the Rural Electrification Agency (REA), President Bola Tinubu has sanctioned the indefinite suspension of Ahmad Ahmad, the Managing Director/CEO, along with three Executive Directors of the Agency.
In a statement, Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, revealed that the suspended Executive Directors are Olaniyi Alaba Netufo, responsible for Corporate Services; Barka Sajou, overseeing Technical Services; and Sa’adatu Balgore, managing the Rural Electrification Fund (REF).
Furthermore, President Tinubu ordered a comprehensive probe into allegations of fraudulent misexpenditure amounting to over N1.2 billion within the past two years, with some funds already recovered by anti-graft agencies.
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In compliance with the directive, the following qualified individuals have been appointed to serve in acting capacities within the REA’s new management team: 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 Executive Director of Rural Electrification Fund (REF), and Olufemi Akinyelure as Head of the Project Management Unit for the Nigeria Electrification Project.
President Tinubu emphasised his expectation for all appointees in his administration to uphold the highest standards of transparency and accountability in discharging their duties.
He reaffirmed his commitment to prioritizing the Nigerian people’s yearnings for good governance and quality service delivery over individual interests.
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