President Tinubu Cracks Down on REA Corruption Scandal

President Bola Tinubu has suspended the Managing Director of the Rural Electrification Agency (REA) and three other Executive Directors from office due to financial investigations. The suspensions were approved following new findings from a comprehensive investigation into the agency’s financial activities.

The suspended directors include Olaniyi Alaba Netufo, Barka Sajou, and Sa’adatu Balgore. The president has also ordered a wider investigation into the conduct of the officials in a fraudulent misexpenditure amounting to over N1.2 billion over the past two years, some of which has already been recovered by anti-graft agencies.

The new management team will consist of Abba Abubakar Aliyu, Ayoade Gboyega, Umar Abdullahi Umar, Doris Uboh, and Olufemi Akinyelure. President Tinubu expects all appointees to uphold the highest standards of transparency and accountability in their duties and reiterates his determination to elevate Nigerians’ yearnings for good governance and qualitative service delivery above the narrow interests of individuals entrusted to provide critical services to the Nigerian people.