BREAKING: Buhari Sacks Obazee Over Adeboye
President Muhammadu Buhari[/caption]
The Executive Secretary of the Financial Reporting Council of Nigeria, (FRC), Mr. Jim Obazee, on Monday was sacked by President Muhammadu Buhari while the board was reconstituted.
Obazee had caused a stir following the stepping down of Pastor Enoch Adeboye of the Redeemed Christian Church of God (RCCG) as General Overseer of the Church in Nigeria on Saturday.
Senior Special Assistant to the President on Media and Publicity, Garba Shehu, in a statement said Buhari had approved the sack and reconstitution of the board.
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“President Muhammadu Buhari has approved the immediate removal and replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria,” the statement reads.
“He has appointed a Chairman and a new Executive Secretary for the council. The new Council as approved by the President has Mr Adedotun Sulaiman, MFR as Chairman.
“Mr. Sulaiman was a former Managing Partner/Director of Arthur Anderson and later, Accenture. He is a Chartered Accountant and a product of the University of Lagos and Harvard Business School.
“The President has also approved the appointment of Mr. Daniel Asapokhai as the Executive Secretary of the Council. Mr. Asopokhai is a partner and a Financial Reporting Specialist at the PricewaterHouseCoopers, Nigeria.
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“He is a product of the University of Lagos and the University of Pretoria. President Muhammadu Buhari has also instructed the Minister of Industry, Trade, and Investment to invite the nineteen ministries, departments and agencies of the Federal Government and private sector organisations specified in the FRC Act to nominate members of the board of the council.”
The Minister of Industry, Trade and Investment, Dr. Okechukwu Elenamah had asked Obazee to suspend the regulation which he rejected.
