President Bola Ahmed Tinubu has suspended the Managing Director of Rural Electrification Agency, REA Ahmad Salihijo Ahmed and three executive directors over N1.2 billion fraudulent misappropriation in the past two years.

Ajuri Ngelale, Special Adviser to the PresidentMedia andPublicity disclosed this in a statement on Thursday.

The three other affected directors are Olaniyi Alaba Netufo, Executive Director of Corporate Services; Barka Sajou — Executive Director of Technical Services; and Sa’adatu Balgore — Executive Director of Rural Electrification Fund, REF.

The President ordered a wider investigation into the conduct of the officials above.Accordingly, Tinubu also announced their replacement as follows:

Abba  Abubakar Aliyu — Managing Director/CEO,

Ayoade Gboyega — Executive Director, Corporate Services,

Umar Abdullahi Umar — Executive Director, Technical Services

and

Doris Uboh — Executive Director, Rural Electrification Fund (REF)

Olufemi Akinyelure — Head of Project Management Unit, Nigeria Electrification Project.