Connect with us

Nigeria In One Minute

Banks, ex-CEOs indicted as N720b cash disappears

Published

on

WHERE is the N720 billion “invested” by the National Health Insurance Scheme (NHIS) in 12 years?

Nobody seems to have an answer. Not even NHIS boss Prof. Usman Yusuf, The Nation has learnt.

He said the “investments” had no approvals of successive Ministers of Health, past boards of the NHIS and the Office of the Accountant-General of the Federation (OAGF).

He said billions were lost to diversion and under-payment of interest.

The Nation, July 18, 2018

 

RipplesNigeria… without borders, without fears

Click here to join the Ripples Nigeria WhatsApp group for latest updates.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

If you are motivated and passionate about building a global society, founded on justice, equity, fairness, transparency, accountability and superior knowledge, kindly consider donating to Ripples Nigeria’s solutions journalism.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now

Investigations