By By Muminat Ajide
The Central Bank of Nigeria (CBN) has dismissed all directors in the Executive Management of the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL).
Reports by NEWSWEEK indicated that the decision was approved by CBN Governor, Mr. Olayemi Cardoso, on Friday.
It affects directors such as Managing Director and Chief Executive Officer Abbas Umar Masanawa, Executive Director of Operations Kennedy Nwaruh, and Executive Director of NIRSAL Plc’s Technical Division, Olatunde Akande.
This action follows a similar move in May when seven directors and over 90 senior management staff were also dismissed. Some of those affected were directors in charge of the Statistics department, Trade and Exchange department, Policy Regulatory department, Information Technology department, the bank’s director of corporate services in Ghana, and a whole lot of deputy directors
