NIPC staff union wants ES sacked over alleged misappropriation of funds

Staffs of Nigerian Investment Council, NIPC are demanding the immediate sack of the Executive Secretary, Yewande Sadiku for misappropriation of to the tune of N800billion.

NIPC staffs have been protesting for the past six days, with the organization under lock and key as no one including the management staff is allowed into the council premises.

The NIPC staff union under the umbrella of the NIPC Chapter of the Association of the Senior Civil Servant of Nigeria (ASCSN) had earlier protested and alleged that apart from misappropriation of , the ES committed executive felonies which they highlighted as wrongful dismissal of staff, deliberate under declaration of vacancies during the 2020 period and that preferential use of annual performance evaluation report APER to favour selected cronies to the detriment of others.

The Union Chairman, Yusuf Mustapha on behalf of the staff union in a press statement issued on Monday in Abuja also alleged that the ES tampered with the result of 2020 exercise. Manifest ineptitude in understanding the mandate of investment .

“Breach of public procurement Act and ICPC Act in the procurement process by issuing a to an unregistered company that supllied substandard computer comsumables in the name of Micheal Jacobs Ltd.

“Staff of the Council are all complaining of being redundant, they only collect salary but no work to be done, because staff moral is dawn, and there is no assaignment or work is being given to them thereby making them lazy around the office and nothing to do.

“ES on fortnight basis embarks on overseas travels and training without seeking and obtaining approval of the council as expected in any and no investment are recorded, indicating that the ES merely travels to further her personal agenda at the expense of public .

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