Politics
“N30bn Missing From NSITF” – Chris Ngige
The minister of Labour and Employment, Dr. Chris Ngige, in line with a presidential directive, yesterday inaugurated all the boards of parastatals under the Ministry of Labour except the board of the Nigeria Social Insurance Trust Fund (NSITF) due to the huge fraud discovered in the agency.
The boards inaugurated by the minister include those of the National Productivity Centre (NPC), National Directorate of Employment (NDE), and Michael Imoudu National institute for Labour Studies (MINILS).
LEADERSHIP Weekend recalls that the president had in October 2017 constituted the board of the NSITF with the former president of National Union of Petroleum and Natural Gas Workers (NUPENG), Chief Frank Kokori, as the chairman.
However, giving reasons why the board was not inaugurated alongside others yesterday, Ngige said he had the consent of the president to stay action on inaugurating the NSITF board the pending the outcome of the administrative enquiry recently set up by the ministry to investigate the mindless looting of the agency.
The minister urged members of the other boards so inaugurated to be accountable in the discharge of their mandates to avoid a repeat of the rot in the NSITF.
Ngige said: “The operations of the various parastatals must strictly conform to financial regulations, especially Section 32 and the provisions of the Procurement Act. The audited accounts of the parastatals must always be prepared and submitted to the relevant authorities as and when due.
“The NSITF, for example, is reeling from massive looting with no audited account for five years. A whooping sum of N5billion was unearthed by an audit panel of enquiry as having been taken out of the NSITF coffers with First Bank in a single day without vouchers.
“Worse still, the organisation maintained no cash book as required by financial regulations. This resulted in massive looting of funds by board members acting in concert with the management staff.
“When we say N5 billion was taken in one day, that’s not the only amount missing. Over N30billion cannot be accounted for and the members of the past board participated actively in the looting.
“I have said it before, there are two devils left behind when the British left Nigeria. The first was tribalism. They planted it as a devil and the second is Religious bigotry. What has these issues got to do with managing people.
“Nobody selected himself that I want to be Yoruba, Igbo or Hausa man. No. You just popped out and whether you are a Muslim or Christian is irrelevant.
“In all religions that I know, you are told to love your Neighbor as yourself. What you will not accept, don’t do it to another neighbor because if you pack up and die, that’s the end. Let us have an impact of governance.” -Chief Bode George On AriseTV News
The Presidential Candidate of our Labour Party in the 2023 general elections, Peter Obi has demanded from the Special Adviser on Communication and Strategy to the President, Mr. Bayo Onanuga, the retraction of his wild allegation, linking him as behind the planned mass protest being planned for August.
Obi, writing through his counsel, Chief Alex Ejesieme, SAN of the MADIBA Chambers, said that the allegation which was widely published in social and mainstream media and read by many within and outside the country maligned his hard-earned reputation as a man who indulges in violence when all his antecedents are vivid that he abhors violence even in the face of extreme provocation.
“It’s our client’s conviction that the publication was a calculated plot to demean, ridicule, humiliate and embarrass him by the estimation of every right thinking member of the society”
“They said there is a judgment of the Supreme Court on local government autonomy. I think it is just a distraction. We must face the real issue that we have.
“The issue that we have is that we are not producing enough. We are not productive. Maybe it may be part of the problem, we want to have value for what is being shared but our problem is productivity.
“How much are those LGAs generating within their domains? Can they survive without handouts from Abuja? Handouts from Abuja, is that the way to go? Is it sustainable?” -Governor Seyi Makinde, Oyo At Audience With NUJ
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