Ngige To Oshiomhole: Why I Won’t Inaugurate NSITF Board As You Demanded - Welcome to Uju Ayalogu's Blog

Breaking News

Post Top Ad

Monday, 23 July 2018

Ngige To Oshiomhole: Why I Won’t Inaugurate NSITF Board As You Demanded

Ngige To Oshiomhole: Why I Won’t Inaugurate NSITF Board As You Demanded

Ngige said this in a letter in response to an earlier one by Oshiomhole on the need for the inauguration of the NSITF Board.

The of Labour and Employment, Dr. Chris Ngige, has told the National Chairman of the All Progressives Congress, Comrade Adams Oshiomhole, why the Board of the Nigeria Social Insurance Trust Fund will not be inaugurated as demanded by the APC boss.

Ngige said this in a letter in response to an earlier one by Oshiomhole on the need for the inauguration of the NSITF Board.

READ ALSO :    13 PDP Governorship Aspirants In Benue State Reject Ortom

He said contrary to Oshiomhole’s letter, it was not true that he refused to inaugurate the Boards of the parastatals and agencies under his ministry.

He said with the allegation of monumental fraud in the NSITF and the investigation by the Economic and Financial Crimes Commission, it was not advisable to inaugurate the Board now.

Ngige said in the letter: “First, it is not true that I did refuse/neglect to inaugurate members of the re-constituted Boards of Parastatals and Agencies under the supervision of my Ministry as alleged in your letter.

“Boards of the latter three agencies have been re-constituted and members were inaugurated on March 8, 2018, in conformity with a Presidential directive. All the three Boards are currently operational.

“The only agency left out was the Nigeria Social Insurance Trust Fund, NSITF which, before the directive, had been enmeshed in major issues of corruption involving about N48billion, comprising Federal Government and Employers’ contributions to the Employees’ Compensation Fund plus some non-remitted PAYE taxes, which were carted away through well perfected sleaze operation.

“This resulted in the agency coming under the Economic and Financial Crimes Commission, EFCC, investigation/prosecution of members of the former Board and some of her serving Officials.

“An Administrative and Financial Panel of Enquiry was instituted with a Presidential approval as a follow-up to the criminal investigations. This was followed by a House of Representatives Committee on Labour and Employment probe in March 2018 which is still ongoing, and also in situ.

“Comrade National Chairman, you are aware of this situation and you had broached this issue with me during your campaign period when I visited your campaign office, Due to the fact that a lot of the information available to me as the Minister are classified, I had told you that I will brief you later and at our last meeting during a function on Saturday   July 7, 2018, I  had sought for an appointment for the next day so I could brief you on the situation.

“I am not oblivious of the fact that you are a very interested party in the matter because, having served as chairman of the NSITF Board before the last Board and as a former Nigeria Labour Congress, NLC, President, you would be interested in the tripartite colouration of the Board being maintained more so as Labour still remains your base constituency.

“Mr. Chairman, a lot of the classified information from the EFCC, the Auditor General of the Federation’s ‘spot check’ report for an organisation with an account that has not been audited for five years, 2013 – 2017, are not within your purview.

“In view of all these damaging reports, I had a Presidential permission not to inaugurate this particular Board at the time we did the others.

“However, I wish to assure you that the Administrative and Financial Panel of Enquiry has just concluded its work and presented it report today.

READ ALSO :    PHOTOS: Saraki steps into father’s shoes, becomes new Wazirin Ilorin

The Board will be in place very soon in order to assist the implementation committee being put in place by the Ministry to effect the various policy recommendations that are aimed at sanitizing the agency and strengthening the very weak Internal Audit System that   allowed N5 billion to be taken out of this organisation in one single day without voucher(s)!!

“I am sorry that I will be unable to accede to your “directives” to inaugurate all the Boards within one week as the Ministry had already inaugurated the aforementioned three Boards but will in this case of the NSITF adhere to the ‘work plan’ on the NSITF as approved by Mr. President who is the head of the government of the Federation.

“Based on this, be assured that the Board of NSITF will be constituted very soon, at most, before the end of July 2018.”

Are you an artiste? Do you want your music to go viral and reacha large number of audience? Promote your music and Submit your story on by clicking here. For Advert Inquiries Tel/+44(0)7590363984 Subscribe to

For More:  Visit Us at Uju Ayalogu's Blog

Share This

No comments:

Post a Comment

Post Bottom Ad