Sunday, July 19, 2026

Tinubu suspends Rural Electrification Agency CEO, three directors over N1.2 billion fraud

Mr Tinubu charged all appointees to uphold the highest standards of transparency and accountability in the discharge of their duties.

• March 7, 2024
Bola Tinubu
Bola Tinubu (Credit: Bola Tinubu)

President Bola Tinubu has approved the indefinite suspension of the managing director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, alongside three executive directors.

A statement by Ajuri Ngelale, Special Adviser to the President on Media and Publicity, said this followed a comprehensive investigation into the agency’s financial activities.

The president also approved the appointment of Abba Abubakar Aliyu as the new managing director/CEO of the agency in acting capacity with immediate effect.

The new appointees of the agency are Ayoade Gboyega as executive director of corporate services and Umar Abdullahi Umar as executive director of technical services.

Others are Doris Uboh as executive director, Rural Electrification Fund (REF), and Olufemi Akinyelure as head of the project management unit, Nigeria Electrification Project.

Mr Ngelale said the suspended officials, alongside the former managing director are Olaniyi Alaba Netufo, executive director, corporate services; Barka Sajou, executive director, technical services; and Sa’adatu Balgore, executive director, Rural Electrification Fund.

Mr Ngelale said the president had ordered a wider investigation into the conduct of the suspended officials in an alleged fraudulent mis-expenditure, amounting to over N1.2 billion over the past two years.

He added that the anti-graft agencies had already recovered some of the funds.

The spokesman said Mr Tinubu charged all appointees to uphold the highest standards of transparency and accountability in the discharge of their duties.

He also reiterated his determination to elevate the yearnings of Nigerians for good governance and qualitative service delivery above the narrow interests of individuals entrusted to provide critical services.

(NAN)

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