Concerned Common Citizens of Nigeria, CCCN, a group has urged the Federal Government to order a full scale investigation into the alleged promotion scandal in the Nigeria Export-Import, NEXIM, Bank.
The group in a statement jointly issued by its President, Halima Yusuf and Secretary General, Unekwu Khadijat Abubakar alleged that the Acting MD/ and the Executive Director Corporate Affairs, Folake Itohan Oke, who ordinarily are political appointees of the bank are hiding behind a loophole created by the dissolution of the boards of government agencies to promote their cronies and allies in the bank.
The statement noted that the action of the acting Managing Director/Chief Executive of the bank, Mr. Bashir Wali has the potential to embarrass the Federal Government given the present economic conditions.
It further condemned the decision of the duo to unilaterally promote their cronies by hiding behind exercises earlier conducted by the dissolved board even though they are by law no longer supposed to remain in office.
According to the statement , “ Their action is even more shocking because the minister of finance held a meeting with the interim leadership to warn them about the present situation and specifically noted the bank’s non-performing loans that has left it vulnerable and in no condition to take on additional expenses. Yet they went ahead to carry out this action which everyone knows is in conflict with the present economic situation.
“In addition to promoting the staff via a memo issued late on Friday February 26, 2016, the Acting MD and Executive Director Corporate Services, have compiled 120 names of their surrogates to be absorbed into NEXIM to join its payroll without any form of interview or advertisement anywhere as required by law.
It further stated that, “The point is that these two individuals are in a mad rush to perpetuate and perfect this illegality without the knowledge of the Central Bank of Nigeria, CBN, the Federal Ministry of Finance and other relevant authorities that have a say in the affairs of the bank.’’

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