President Muhammadu Buhari has sacked Michael Akabogu, the Managing Director (MD) of the Nigeria Social Insurance Trust Fund (NSITF).
Although the reason for Akabogu’s sack was not made public, POLITICS NIGERIA learned that it was due to alleged National Youth Service Corps (NYSC) certificate scandal.
“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/CE of the Nigeria Social Insurance Trust Fund (NSITF) with effect from Friday, 3rd February 2023.
“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,” an internal memo signed by the Executive Director of Operations of the agency, Gabriel Iwelunmor read.
Similarly, a source confirmed the development.
“He has been asked to step aside,” an official of the NSITF, who doesn’t want to be named, told the press.
The NYSC, in a letter of response to the police with reference number: NYSC/CCD/VER/10/S.1/VOL/07 had disowned Akabogu’s discharged certificate.
