President Bola Tinubu on Saturday replaced Mrs Maureen Allagoa with Mr Oluwaseun Faleye as the Managing Director/Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF).
The sack of Allagoa and her replacement was announced in a statement on Saturday by Chief Ajuri Ngelale, the President’s spokesperson.
In the statement, Ngelale described Faleye as a legal and corporate finance specialist.
According to the statement, Tinubu also approved the appointment of Mrs Mojisolaoluwa Kehinde Alli-Macaulay as the Executive Director (Operations) of the Fund
“Mrs. Alli-Macaulay is a former lawmaker and former Chairperson of the Lagos State House of Assembly Committee on Women Affairs, Poverty Alleviation, and Job Creation.
“The President anticipates a comprehensive re-positioning of the NSITF for enhanced social protection and qualitative service delivery to the Nigerian people,” the statement said.
President Muhammadu Buhari appointed Mrs Allagoa as the NSITF’s boss in February 2023.