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Tuesday, 16 February 2016

NEWS: NIGERIA - BUDGET 2016 ERRORS; President Buhari fires Budget Director General and 26 others


President Muhammadu Buhari, yesterday, in a move to douse the tension over the 2016 budget controversy, fired the Director-General for Budget, Mr Yaya Gusau, and announced a replacement in the person of Mr. Tijjani Abdullahi.

Also, Mr. Ben Akabueze was appointed Special Adviser to the President on National Planning. The two appointments take immediate effect.

President Buhari also appointed former House of Representatives member, Mrs Abike Dabiri-Erewa as his Senior Special Assistant on Foreign Affairs and the Diaspora.
Again, yesterday, the President sacked heads of 26 federal parastatals, agencies and commissions.

The sack of the Director-General, Budget Office and heads of other parastatals is coming on the heels of President Buhari’s sack of some university vice-chancellors.

The President also, yesterday, approved the immediate disengagement of 26 chief executive officers of some federal parastatals, agencies and commissions.

Secretary to the Government of the Federation, Babachir Lawal in a statement, said those affected in the gale of sack include head of the Nigerian Television Authority, NTA; Mr. Sola Omole; heads of Federal Radio Corporation of Nigeria, FRCN; Voice of Nigeria, VON; News Agency of Nigeria, NAN ; National Broadcasting Commission, NBC and the Petroleum Technology Development Fund, PTDF.

Others were New Partnership for Africa’s Development, NEPAD; Nigeria Social Insurance Trust Fund, NSITF; Nigerian Content Development and Monitoring Board, NCDMB; Federal Mortgage Bank of Nigeria, FMBN; Tertiary Education Trust Fund, TETFund; National Information Technology Development Agency, NITDA and the Petroleum Equalization Fund.

Also on the list of those whose chief executives were sacked were Nigeria Railways Corporation, NRC; Bureau of Public Procurement, BPP; Bureau of Public Enterprises, BPE; Petroleum Products Pricing Regulatory Agency, PPPRA; Standard Organisation of Nigeria, SON; National Agency for Food and Drugs Administration and Control, NAFDAC; Nigeria Investment Promotion Council, NIPC; Bank of Industry, BoI; National Centre for Women Development, NCWD; National Orientation Agency, NOA; Industrial Training Fund, ITF; Nigerian Export-Import Bank as well as the National Agency for Prohibition of Traffic In Persons and Other Related Matters, NAPTIP.

The President also directed the most senior officers in the parastatals, agencies and commissions to oversee the activities of the organisations pending the appointment of substantive Chief Executive Officers.

According to a statement signed by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, the new DG Budget, Mr. Abdullahi, “is a fellow of the Certified National Accountants of Nigeria, and a banker of repute with experience in managing public finance, who will now replace the current Director-General (Budget), Mr. Yahaya Gusau. The new Director-General of Budget is expected to work with the Minister of Budget and National Planning to efficiently deliver on the mandates of the Budget Office of the Federation.

According to the statement, President Buhari has also approved the appointment of Mr Akabueze as the Special Adviser to the President on National Planning.

Akabueze who is the immediate past Commissioner for Economic Planning and Budget in Lagos State, has worked in senior management positions in Citi Bank, Fidelity Bank, United Bank for Africa, NAL Merchant Bank, Sterling Bank and BIA Consulting Limited, among others.

He is Fellow of the Chartered Institute of Bankers; Fellow, Institute of Credit Administrators.”


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