Sunday, June 25, 2017

Buhari sacks FRC boss 2 days after Adeboye ‘stepped down’

Buhari sacks FRC boss 2 days after Adeboye ‘stepped down’
January 09
18:53 2017

President Muhammadu Buhari has approved the immediate removal  Jim Obazee, executive secretary of the Financial Reporting Council of Nigeria (FRC), who enforced a law that forced Enoch Adeboye to resign as general overseer of the Redemeed Christian Church of God (RCCG), Nigeria.

Garba Shehu, presidential spokesman, disclosed this in a statement on Monday.

According to Shehu, the president also approved the reconstitution of the board of the council.

“He has appointed a chairman and a new executive secretary for the council,” he said.

“The new council as approved by the president has Mr Adedotun Sulaiman, MFR as chairman.

“Mr Sulaiman was a former managing partner/director of Arthur Anderson and later, Accenture. He is a chartered accountant and a product of the University of Lagos and Harvard Business School.

“The president has also approved the appointment of Mr Daniel Asapokhai as the executive secretary of the council.

“Mr Asopokhai is a partner and a financial reporting specialist at the PricewaterHouseCoopers (PwC), Nigeria. He is a product of the University of Lagos and the University of Pretoria.

“President Muhammadu Buhari has also instructed the Minister of Industry, Trade, and Investment to invite the 19 ministries, departments and agencies of the federal government and private sector organisations specified in the FRC Act to nominate members of the board of the council.”

Follow us on twitter @thecableng

Copyright 2017 TheCable. Permission to use quotations from this article is granted subject to appropriate credit being given to as the source.

Social Comments


  1. Pastor D
    Pastor D January 09, 20:36

    Your comment..
    Chanji dole…..Look out for more of this kind of change before 2019.

    Reply to this comment
  2. Oluwagbogo
    Oluwagbogo January 09, 21:22

    Trouble sleep,Yanga go wake am! Wetin e dey find? Palaver! Touch not my anointed and do my prophets no harm! Stronghead don backfire!

    Reply to this comment
    PST KAYODE January 10, 06:09

    Your comment..watin your eye find now you don get am, may God have mercy on you in Jesus name.

    Reply to this comment

Write a Comment

Your email address will not be published.
Required fields are marked *

Exchange Rates

June 23, 2017USDGBPEUR
INTERBANK324.75413. 24362.74
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.