A crisis is brewing in Nigeria’s agency responsible for sourcing and coordinating foreign investment, the Nigeria Investment Promotion Council (NIPC).
A frosty relationship between the executive secretary of the commission Yewande Sadiku, and the governing council of the commission led by Babangida Nguroje, a former deputy speaker of the House of Representatives, has blown open.
Investigations reveal that the relationship between the council and the executive secretary had gone sour leading to a confrontation between the two sides.
Earlier this year, a member of the governing council, Ali Sani, wrote to the executive secretary questioning the payment of millions of naira each year to herself ”in the name of foreign leave allowance”.
Documents seen by PREMIUM TIMES show that the…