Simon Lalong, the Minister of Labour and Employment, says he has set up a committee to probe alleged complaints by staff against the management of the Nigerian Social Insurance Trust Fund.
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It arraigned the duo on three-count charges bordering on conspiracy and obtaining N60.4 million by false pretence.
On July 7, 2018, a Nigerian online newspaper alleged that Kemi Adeosun, erstwhile Minister of Finance, illegally obtained the National…
The audit report also alleged undue ministerial interference in the management of the finances of the Fund in violation of government circular number ECD/P/230 of 18th October, 1996 which prohibited supervising Ministries from interfering in the finances of parastatals under them.
The exercise followed the adoption of a motion by a member, Ismail Tijani (APC-Kwara), at the plenary Wednesday in Abuja.
Justice Maryam Hassan Aliyu issued the order on Thursday after Olejeme was arraigned on a nine-count charge in which she was accused of abusing her office, receiving bribe, awarding contracts without due process, among others
NSITF’s Regional Manager, Mrs Toyin Emeordi made the call when she paid a courtesy visit to Governor Oluwarotimi Akeredolu on Monday in Akure.
The probe into the transaction which occurred in 2013, was a continuation of the ongoing investigative hearing on audit queries raised by the Auditor-General of the Federation
The Chairman, Senate Public Accounts Committee, Senator Mathew Urhoghide, who made this disclosure, said the agency is a cesspool of corruption with the investigation so far by the committee.
The agency is expected to appear before the lawmakers on Tuesday, 15th June for the investigation.
Ngige said this while inaugurating the NSITF newly reconstituted Management Board on Tuesday in Abuja
The Chairman, Senate Public Account Committee, Senator Matthew Urhoghide, who issued the threat, directed the Committee Secretariat to write the agencies involved to appear latest by next week Tuesday or else the Senate will invoke the relevant sections of the Constitution against the agencies.
This was disclosed in a statement by the spokesman of the Ministry of Labour and Employment, Charles Akpan, on Tuesday.
This was disclosed by the commission in its fourth quarter, 2020, recently, noting that the commission had approved for payment of monthly pensions in the sum of N62,292,272.25 to 3,628 NSITF pensioners.
The committee also uncovered that the Central Bank of Nigeria and the Nigeria Social Insurance Trust Fund had not paid up their 30% and 20% equity capital respectively as shareholders of the bank, as spitulated by the FMBN establishment Act.
The details were contained in the 2018 audit report submitted to the Senate and House of Representatives’ Committee on Public Accounts of the National Assembly for further legislative action.
The News Agency of Nigeria reports that the 46 property, including houses and parcels of land, are located in Abuja and Bayelsa, Delta and Edo States.
Faleke is a member of the House adhoc Committee investigating the suspension of the management of the Nigeria Social Insurance Trust Fund.
Ngige made the allegation at an investigative hearing at the House of Representatives on the alleged illegal suspension of the management of the agency.
The affected agencies are the Nigeria Social Insurance Trust Fund, Nigerian Bulk Electricity Trading and Transmission Company of Nigeria.