Buhari Sacks MD NSITF, Reconstitutes Board

President Muhammadu Buhari has approved the sacking of the top management staff of the Nigeria Social Insurance Trust Fund (NSITF), reconstituting the board.

This was disclosed in a statement signed spokesperson of the Ministry of Labour and Employment, Charles Akpan.

The NSITF Managing Director and Chief Executive, Bayo Somefun, and the Executive Directors in charge of Finance, Jasper Azuatalam; Investment, Operations, and Administration, Tijani Sulaiman and Human Resources, Olukemi Nelson, were relieved of their positions with effect from July 1, 2020.

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Also relieved of their appointments were the nine top Management Officers on suspension with the MD and EDs who had their appointments terminated compulsorily with some to be retired after demotion in ranks from their present Ranks as recommended by the Panel.