President Bola Tinubu has reportedly ordered the immediate removal of the Managing Director of the Nigerian Security Printing and Minting Plc (NSPM), Ahmed Halilu, and four other executives of the company, in a major shake up at the company.
Ahmed Halilu, the sacked Managing Director of NSPMC is the younger brother to former First Lady, Aisha Buhari. He was appointed as MD in September 2022 by former President Muhammadu Buhari.
The shakeup in the leadership of NSPMC is coming months after Special Investigator Jim Obazee submitted his report to President Tinubu, in which it was rumoured to contain recommendations for the overhaul of the top management personnel of the Minting company.
Other persons who were reportedly relieved of their jobs include the company’s Executive Director, Corporate Services, Ado Danjuma; Executive Director, Operations (Lagos Factory) Chris Orewa; Executive Director, Security Documents, Tunji Kazeem and the Company Secretary, Victoria Irabor. Victoria Irabor is the wife of the immediate past Chief of Defence Staff, Lt. Gen. Lucky Irabor (Rtd).
President Bola Tinubu also directed that Abubakar Minjibir, the NSPMC’s Executive Director of Operations (Abuja factory), to act as Managing Director until a substantive appointment is made. All the directives by the President are with immediate effect.
NSPM was reportedly fingered in the controversial currency redesign policy implemented by former CBN Governor, Godwin Emefiele, which formed part of what Jim Obazee investigated.