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Madiba Advocates Push for Presidential Intervention Over Alleged ₦297bn NSITF Fund Irregularities linked to MD Faleye

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Madiba Advocates Push for Presidential Intervention Over Alleged ₦297bn NSITF Fund Irregularities linked to MD Faleye
Madiba Advocates for Good Governance has criticised what it described as the continued silence of authorities over serious allegations of financial irregularities at the Nigeria Social Insurance Trust Fund (NSITF), calling on President Bola Ahmed Tinubu, the Honourable Minister of Labour and Employment, the NSITF Management Board, and other relevant agencies to urgently initiate a comprehensive investigation.

 

The group said the allegations, which have persisted in the public domain for weeks, involve the Managing Director/Chief Executive Officer of NSITF, Mr. Oluwaseun Mayomi Faleye, and have yet to receive any clear institutional response despite their gravity.

 

The call follows a series of petitions and public disclosures that have brought increased scrutiny to the management of the Fund, particularly in relation to financial transactions and governance processes within the institution. Madiba Advocates noted that the scale of the allegations and the sensitivity of the funds involved make immediate intervention both necessary and urgent.

 

At the centre of the controversy are allegations involving the management of approximately ₦297,019,145,288.60 in funds collected under the Employees’ Compensation Act (ECA) between January 2 and October 9, 2025.

 

The Employees’ Compensation Scheme is funded through mandatory employer contributions designed to provide compensation to Nigerian workers who suffer injury, disability, or death in the course of employment. Stakeholders have consistently emphasised that these funds are not government revenue, but trust funds belonging exclusively to Nigerian workers, requiring strict oversight and accountability.

 

₦243bn Allegedly Spent Without Board Approval
Documents referenced in the public domain indicate that out of the total inflow of ₦297 billion, an estimated ₦243,203,518,621.17 was expended within the same period. Sources allege that a significant portion of these expenditures may have been carried out without the approval of the NSITF Management Board, raising concerns about compliance with the NSITF Act and established financial regulations.

 

‘No Approval Limit’ Raises Governance Concerns
Central to the allegations is an internal document reportedly linked to a March 4, 2025 Executive Committee (EXCO) meeting, which outlined financial approval thresholds for officials. While limits were reportedly set for other officers, the Managing Director was allegedly assigned “no approval limit”, a development that has raised serious concerns about internal controls and governance safeguards.

 

Multiple Accounts and Financial Flow Allegations
Further reports allege the existence of over 100 bank accounts linked to a single Bank Verification Number (BVN), alongside financial inflows amounting to over $7.3 million and hundreds of millions of naira into accounts linked to the Managing Director and associated entities. Analysts note that such patterns, if verified, would require thorough scrutiny by relevant financial and regulatory authorities.

 

₦5.5bn Commission Payments Queried
Additional concerns have been raised over alleged commission payments totalling ₦5.53 billion, reportedly made without clear evidence of requisite approvals from the Board or the supervising Ministry. The payments are said to range between 15 and 20 per cent commissions and were allegedly executed outside standard procedures.

 

Governance Gap Raises Further Questions
Observers have also pointed to a governance gap between July 2023, when the Managing Director was appointed, and January 2025, when the Management Board was reportedly constituted, raising concerns about the level of oversight during that period.

 

Madiba Advocates for Good Governance stated that the issues have now reached a critical point, requiring decisive action from all relevant authorities to ensure transparency and accountability in the management of the Fund.
Call for Urgent Investigation
Reacting to the development, Madiba Advocates for Good Governance, led by its Executive Director, Alhassan Kabiru, expressed concern over the prolonged delay in addressing the allegations and the absence of a coordinated institutional response.

 

The group called on:
•The Chairman of the NSITF Management Board,
•The Honourable Minister of Labour and Employment,
•Relevant regulatory and anti-corruption agencies, and
•President Bola Ahmed Tinubu

 

to urgently intervene and ensure a thorough and independent investigation into the matter.
“This matter has lingered in the public space without clarity. It is important that the appropriate authorities take decisive steps to investigate and establish the facts,” the group stated.

 

 

Madiba Advocates emphasized that transparency in handling the allegations is essential to restoring confidence in public institutions and safeguarding workers’ funds.
Responses and Presumption of Innocence
When contacted, Mr. Faleye reportedly stated that he was not aware of the allegations. Officials of the Ministry of Labour were also said to have denied prior knowledge of the claims, while the NSITF Management Board indicated that the issues would be verified.
All allegations remain unproven and subject to investigation.
A Test of Accountability
Analysts say the situation presents a significant test of Nigeria’s public finance accountability framework, particularly for institutions entrusted with workers’ welfare.

 

Madiba Advocates for Good Governance warned that the continued delay in addressing these allegations risks sending the wrong signal about accountability within public institutions. The organisation urged the Presidency, the Ministry of Labour, and the NSITF Management Board to act without further delay to investigate the issues and restore confidence in the system. It added that failure to act decisively could further erode public trust and undermine the Federal Government’s Renewed Hope Agenda on transparency, accountability, and good governance.
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Nasarawa Governor’s Spokesman, Ali Abare, Wins National Excellence Award

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Nasarawa Governor’s Spokesman, Ali Abare, Wins National Excellence Award

Nasarawa Governor’s Spokesman, Ali Abare, Wins National Excellence Award

By Auwal Ahmad

The Senior Special Assistant on Media to Abdullahi Sule, Mallam Ali Abare, has been honoured with an Award of Excellence for his contributions to public communication and his role in amplifying government activities in Nasarawa State.

The recognition was conferred by the Your Vote Is Your Voice Africa Initiative during a presentation ceremony held on Friday at the Press Centre, Government House, Lafia.

Presenting the award, the Chairman of the organisation, Babatunde Adebayo, said Abare emerged from a nationwide selection process that assessed competence, consistency and professional integrity among media practitioners.

According to Adebayo, the award is not only a personal recognition for Abare but also a reflection of the critical role of responsible journalism and effective communication in strengthening democratic governance.

“At a time when misinformation and divisive narratives are becoming more pronounced ahead of the 2027 general elections, professionals who remain committed to truth and national unity deserve to be celebrated,” he said.

The organisation, which focuses on voter education, civic engagement and youth participation in democracy, said it formally launched its Nigerian operations in January 2026 with a mission to promote credible and inclusive electoral processes across Africa.

Its officials also disclosed plans to deploy election observers to Nasarawa State in the 2027 general election cycle, as part of broader efforts to support transparency and counter negative perceptions about Nigeria’s democratic system.

They raised concerns over rising ethnic and religious tensions in parts of the country, urging media practitioners to use their platforms to foster unity and peaceful coexistence.

Members of the delegation commended Abare’s communication style, describing it as consistent, factual and impactful in helping citizens better understand government policies and programmes.

A seasoned journalist and development communication expert, Abare has built a reputation for covering governance, politics and social development issues over the years. His colleagues within the Lafia press circle described the honour as well deserved, noting his professionalism and balanced approach to public information.

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Nigeria Customs, Stakeholders Drive Communication Strategies on Food Security at NPRW 2026

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Nigeria Customs, Stakeholders Drive Communication Strategies on Food Security at NPRW 2026

Nigeria Customs, Stakeholders Drive Communication Strategies on Food Security at NPRW 2026

By Abdullahi Tukur, Birin Kebbi

The Nigeria Customs Service (NCS), alongside key stakeholders, has continued to advance conversations on food security, policy communication, and strategic stakeholder engagement at the 2026 Nigerian Public Relations Week (NPRW) held in Kaduna.

The event, themed “Policy Making to Public Plate,” commenced on April 19, 2026, at the Brigadier General Abba Kyari Banquet Hall in Kaduna and was graced by the Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima GCON, and the Governor of Kaduna State, Senator Uba Sanni CON. The event also attracted communication professionals, policymakers, media practitioners, and public relations experts across the country to deliberate on contemporary issues shaping food inflation and security.

The service recorded a strong presence at the week-long engagement, with over 29 customs public relations officers participating, reflecting the service’s commitment to strengthening institutional communication, enhancing stakeholder engagement, and advancing professional excellence in public relations practice.

A major highlight of the event was a high-level panel session focused on the role of strategic communication in addressing food inflation and shaping public understanding of government interventions on food security.

Speaking during the panel session, the National Public Relations Officer of the Service, Deputy Comptroller of Customs Abdullahi Maiwada, underscored the centrality of communication to policy formulation and implementation, particularly in trade facilitation and border management.

Maiwada asserted that, “Even at the implementation stage of any policy, communication is critical,” he said. “Without clearly communicating these policies to the public, they may not achieve the desired impact. People are more inclined to support policies when they are aware of how they impact them.

He further noted that effective communication remains essential for building trust, shaping perceptions, and ensuring that policy measures are understood and supported by the public, particularly in addressing complex issues such as food inflation and supply chain challenges.

Other panellists, including Pan-African Parliament Ambassador for Food Security, Ambassador Bryiyne Chitsunge, and communication expert Agnes Bassey, identified climate change and insecurity as major drivers of food inflation, stressing that weak communication around these realities often fuels public misunderstanding and misinformation.

The session also highlighted the need for accurate, data-driven, and solution-orientated media reporting, while calling for stronger collaboration between government institutions and the media to promote balanced narratives on food security and national development.

As part of the event’s activities, the National Public Relations Officer hosted a dinner for public relations officers at the B.A. Adeniyi Officers’ Mess in Kaduna, which provides officers with an opportunity to unwind and strengthen camaraderie outside formal conference sessions.

The dinner was attended by the Assistant Comptroller-General of Customs in charge of Zone B Headquarters, ACG Nsika Umoh, and the Comptroller of the Kaduna Customs Area Command, Comptroller Sa’ad Hassan, alongside officers participating in the conference.

In her remarks, ACG Umoh commended the unity and professional bond among officers in the Public Relations Unit, describing the atmosphere as inspiring and family-orientated.

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Gov. Inuwa to NNDC: Reform Now or Fade Away, NSGF Chair Warns

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Gov. Inuwa to NNDC: Reform Now or Fade Away, NSGF Chair Warns

Gov. Inuwa to NNDC: Reform Now or Fade Away, NSGF Chair Warns

 

By Auwal Ahmad Umar

Governor Muhammadu Inuwa Yahaya has called for urgent reforms at the New Nigeria Development Company, warning that the regional investment firm must reposition itself to address Northern Nigeria’s economic challenges or risk becoming irrelevant.

Alhaji Inuwa Yahaya, who also chaired the Northern States Governors’ Forum, made the call at the end of a two-day retreat organised by NNDC’s board and management in Abuja.

Ismaila Uba Misilli, the Director-General of Press Affairs at the Government House in Gombe, issued a statement on Friday.

Represented by the Director-General of the NSGF, Ezekiel Gomos, the governor said NNDC remains too strategic to the region’s economic future to continue operating below its potential.

He pointed to rising unemployment, economic hardship, insecurity and declining investor confidence as key challenges requiring immediate and coordinated action.

“The era of talk must give way to action,” he said, urging the company’s leadership to adopt reforms driven by efficiency, innovation and accountability.

Alhaji Yahaya said NNDC must rediscover its founding purpose as a catalyst for economic development in Northern Nigeria, rather than functioning as what he described as a passive legacy institution.

He added that shareholders expect commercially viable investments, growth-orientated strategies and improved returns, not internal disputes or recurring dependence on intervention funds.

The governor also urged the company to take advantage of opportunities in the digital economy, including information and financial technology and innovation-driven enterprises.

He noted that millions of young people across the region possess untapped entrepreneurial potential, warning that failure to invest in technology-driven sectors would mean missing a critical opportunity for long-term growth.

Alhaji Yahaya further called for a “hard-nosed” reassessment of NNDC’s structure and operations, saying options such as restructuring, strategic partnerships, repositioning or divestiture should be considered where necessary.

He linked economic performance to regional stability, arguing that insecurity cannot be effectively addressed without job creation and inclusive economic expansion.

“NNDC must evolve into a profit-driven institution capable of creating jobs, boosting productivity and restoring hope,” he said.

Other speakers at the retreat included Tanimu Yakubu, Director-General of the Budget Office of the Federation, and Mohammed Hayatu-Deen, a former Group Managing Director of NNDC and ex-Chief Executive Officer of FSB International Bank.

Chairing a session on sustaining the vision of NNDC’s founders, Hayatu-Deen said difficult but necessary decisions would be required to reposition the company for future relevance.

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