President Mohammadu Buhari Monday fired the Executive Secretary of the Financial Reporting Council of Nigeria (FRCN), Jim Obazee. He has been replaced with Daniel Asopokhai. He also approved the appointment of Mr Adetotun Suleiman as Chairman of the council, a statement from the presidency said.
Obazee is believed to be behind the Saturday’s retirement of the General Overseer of the Redeemed Christian Church of God (RCCG) following the council’s requirement that head of non-profit making organisations, churches, mosques and NGOs should not stay at the helm of affairs of such organisations beyond 20 years.
Adeboye’s retirement had sparked an uproar in the Nigerian Christian communities where the development was viewed as government’s interference in God’s business.
Adeboye is also believed to be close to the Buhari government. The Vice President, Professor Yemi Osinbajo is a pastor of (RCCG).
President Muhammadu Buhari has approved the immediate removal and the replacement of the Executive Secretary and the reconstitution of the board of the Financial Reporting Council of Nigeria (FRN). He has appointed a Chairman and a new Executive Secretary for the council.
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 nineteen ministries, departments and agencies of the Federal Government and private sector organizations specified in the FRC Act to nominate members of the board of the council.
Senior Special Assistant to the President
(Media and Publicity)
January 9, 2017.