PRESIDENT Bola Tinubu has suspended the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihij, alongside three Executive Directors of the Agency, over N1.2 billion fraud allegation. The President also suspended the Executive Director, Corporate Services, Olaniyi Netufo; Executive Director, Technical Services, Barka Sajou and Executive Director, Rural Electrification Fund, Sa’adatu Balgore. The President’s Special Adviser on Media and Publicity, Ajuri Ngelale revealed Tinubu also ordered a wider investigation of a fraudulent mis-expenditure amounting to over N1.2bn over the past two years. Consequently, the President appointed a new management team of the Agency who will serve in acting capacity with immediate effect. They include: Abba Aliyu as Managing Director/CEO, Ayoade Gboyega as Executive Director, Corporate Services, Umar Umar as Executive Director, Technical Services, Doris Uboh as Executive Director, Rural Electrification Fund and Olufemi Akinyelure as Head of Project Management Unit, Nigeria Electrification Project. The President expects all appointees in his administration to uphold the highest standards of transparency and accountability in the discharge of their duties