Buhari reappoints Folashade Joseph as MD of NAIC for another term

Buhari reappoints Folashade Joseph as MD of NAIC for another term

– President Buhari has made another key appointment in his administration

– The president approved the reappointment of Folashade Joseph as the MD of the Nigerian Agricultural Insurance Corporation (NAIC)

– This development also follows the extension of IGP Adamu’s tenure by three months

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President Muhammadu Buhari has approved the reappointment of Folashade Joseph as the managing director of the Nigerian Agricultural Insurance Corporation (NAIC) for another term.

Premium Times reports that Mrs Joseph’s re-appointment was contained in a letter signed by Sabo Nanono, the minister of agriculture and rural development.

Legit.ng gathers that the reappointment takes effect from Sunday, April 11.

Folashade Joseph: Buhari reappoints MD of NAIC for another term

President Buhari has approved the reappointment of Folashade Joseph as the MD of NAIC for another term.
Photo credit: @BayoOmoboriowo, @NAIC_NG
Source: Twitter

Why Joseph was reappointed

In the appointment letter, Nanono explained that Mrs Joseph’s hard work, dedication, and commitment to the progress and uplifting of the corporation earned her the second tenure in office.

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The minister encouraged the NAIC boss to continue to deploy her wealth of experience in driving the activities of the corporation, in accordance with its mandate.

What does NAIC do?

NAIC was established on November 15, 1987. It is a federal government-owned insurance company which is saddled with the responsibility of providing agricultural risks insurance cover to Nigerian farmers.

The federal agency’s mission is to provide innovative insurance services that will sustain Nigeria’s agricultural and economic development.

What Nigerians are saying about the reappointment

As expected, Nigerians have taken to social media to express their views on the president’s approval of Mrs Joseph’s re-appointment.

Solomon Akhimien said on Facebook:

“Congratulations! Well deserved.”

Usman Mohammed said, in an apparent reference to those who accused Buhari of skewing his appointments in favour of the north:

“Where are the wailers, let them come out from hiding.”

Naziru Usman commented:

“Nepotism is working in this government”

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Apart from Mrs Joseph’s re-appointment, President Buhari has also extended the tenure of the Inspector-General of Police (IGP), Mohammed Abubakar Adamu, by three months.

IGP Adamu was due for retirement on Monday, February 1, 2021.

Legit.ng gathered that the news was broken on Thursday, February 4, by the minister of police affairs, Maigari Dingyadi, while briefing State House correspondents at the Presidential Villa, Abuja.

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In a similar move, the president has forwarded the names of the immediate past Service Chiefs to the Senate for confirmation as non-career Ambassadors-Designate.

This was made known on Thursday, February 4, in a statement by presidential spokesman, Femi Adesina, and sighted by Legit.ng on Facebook.

This development is coming more than a week after the Nigerian leader appointed new service chiefs following the resignation of their predecessors.

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