But, Ngige, in his reply, explained why he would not constitute the Board of NSITF within the one week ultimatum given by Oshiuomhole. He expressed disbelief that such a letter could emanate from the APC chairman.
The minister said he had reconstituted three boards out of the four agencies and parastatals under his ministry, but has not been able to constitute the board of NSITF because of cases of financial malfeasance, which have put the agency under investigation by the EFCC.
“Three agencies have been reconstituted and members were inaugurated on March 8, 2018, in conformity with a presidential directive. All the three boards are currently operational. The only agency left out was the Nigeria Social Insurance Trust Fund (NSITF), which, before the directive, had been enmeshed in major issues of corruption, involving about N48 billion, comprising Federal Government and employers’ contributions to the Employees’ Compensation Fund, plus some non-remitted PAYE taxes, which were carted away through well perfected sleaze operation. This resulted in the agency coming under the EFCC’s investigation/prosecution of members of the former board and some of her serving officials.
“An Administrative and Financial Panel of Enquiry was instituted with a presidential approval as a follow – up to the criminal investigations. This was followed by a House of Representatives Committee on Labour and Employment probe in March 2018, which is still ongoing.
“Comrade National Chairman, you are aware of this situation and you had broached this issue with me during your campaign period, when I visited your campaign office. Due to the fact that a lot of the information available to me as a minister are classified, I had told you that I will brief you later and, at our last meeting, during a function on Saturday, July 7, 2018, I had sought for an appointment for the next day, so I could brief you on the situation.
“I’m not oblivious of the fact that you are a very interested party in the matter because having served as chairman of the NSITF board before the last board, and as a former Nigeria Labour Congress (NLC) president, you would be interested in the tripartite colouration of the board being maintained. More so, as labour still remains your base constituency.