Buhari sacks NSITF managing director

President Muhammadu Buhari, has sacked the Managing Director (MD), of the Nigeria Social Insurance Trust Fund (NSITF), Michael Akabogu, over alleged certificate forgery.

Confirming the report, the Director of Operations of NSITF, Gabriel Iwelunmor, released an internal memo, Tuesday, directing staff on the new development.

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“I am directed to inform you that Mr President, Muhammadu Buhari in the exercise of his powers under Section 8 of the NSITF Act has directed the removal from office of Dr Michael Akabogu as the Managing Director/CEO of the Nigeria Social Insurance Trust Fund (NSITF) with effect from Friday, 3rd February 2023.

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“Subsequently, the Executive Director Administration of the Fund Barr. (Mrs.) Maureen Allagoa has been directed to take charge of the affairs of the Fund.

“Furthermore, this information should be communicated to the staff of your various departments/units, regions and branches,” the memo said.

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