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Nairaland Forum / Nairaland / General / Politics / Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF (13611 Views)
Wike Sacks 21 Heads Of FCTA Agencies, Parastatals / President Tinubu Approves Dissolution Of Boards Of Parastatals, Agencies / FG To Dissolve Boards Of Federal Agencies, Parastatals (2) (3) (4)
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Quigley: 6:50pm On Oct 29, 2018 |
AZeD1: Yeah I know they need to have a majority voting power. My friend still had 56% voting power, the board threatened him with a hostile takeover and got his friend who shares that 56% with him to vote. But still seeing some this CEO has no shares in that NHIS, thus rendering voting a majority voting power null and void, a simple raising of hand can suspend or sack him. Isn't that so? |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Firefire(m): 6:52pm On Oct 29, 2018 |
Indeed, Mohomodu Buhary is phyting kworuption ![]() 1 Like |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Nobody: 6:57pm On Oct 29, 2018 |
Make we kuku give Cabals impunity award. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Reference(m): 6:58pm On Oct 29, 2018 |
By 2019 everyone will be demystified. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by AZeD1(m): 7:00pm On Oct 29, 2018 |
Quigley:Nope. Board members of government agencies have no power to hire or fire. That power rests with the President who has to in some cases get clearance from the National Assembly. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Ugosample(m): 7:11pm On Oct 29, 2018 |
Racoon: adey tell you |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by edupedia: 7:18pm On Oct 29, 2018 |
Esseite: Another IPOB comment...please ignore or delete... |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by loveify(f): 7:21pm On Oct 29, 2018 |
jconsulting: ![]() |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Susu888(m): 7:25pm On Oct 29, 2018 |
I refer our constant wailers (though i am sure it won’t change their views) to this write up. THE NHIS: THE UNTOLD STORY BY Adeyanju Demi "I never thought a day will come when I will have to agree with any decision Buhari has taken. On the NHIS thing, I regretfully have to admit that he was right. We had all condemned the reinstatement of the NHIS Boss who was accused of corruption. NHIS started functioning in 2005. It's 13yrs old this year. NHIS covers 3 million Nigerians. It’s about Health Care but, because of corruption, the agency has not performed well. Politicians turned NHIS into an ATM. Let Me Explain: HMOs -Health Maintenance ORG’s, all private companies owned by politicians, are the real problem of NHIS. They are middle men between NHIS and the hospitals. They have enthroned corruption to another level in the place. The HMOs receive money from NHIS on behalf of the people to pay hospitals so that Nigerians on the NHIS scheme can enjoy medical services, but they refuse to pay the hospitals and corner the money. NHIS gives the HMOs 3 months in advance to pay hospitals but they were not paying. What They Do With The NHIS Money: A. They fix it in banks to accrue interest. B. They buy forex And do trading with it. C. They take loans using it as collateral. When banks know you are getting massive funds from NHIS, they give you 10 times the amount in your account. So instead of the HMOs to pay the hospitals as agreed on time, they are heavily indebted to all hospitals nationwide, thereby crippling healthcare services nationwide. They owe National Hospital alone N400million. It’s A Major Cartel: There are 57 HMOs. They are the cartel at NHIS. They work hand in hand with every Minister of Health, Board Members, the Executive Secretary(EX) & politicians in government to run the place to the ground. Evidently, this new EX refused to play ball & they declared war on him. Someone early this year contacted me from NHIS that the EX is destroying the agency, etc and that they were appealing to my organization to come to their rescue. I told him I needed to do my due diligence but I never did. We all joined later to crucify the man. So just last week I coincidently ran into a friend that works at NHIS and he started briefing me of all the dirty things going on there. It’s really depressing. The things I heard made me wonder if this country can ever be great. I will explain all that is going on there. So this EX appointed by Buhari came and found out that there was massive corruption going on at NHIS & he wanted to stop it but the cartel “HMOs” declared war on him. The HMOs said he can’t stop the norm & teamed up with politicians in Buhari’s government to start fighting him. The HMOs got the support of the Board Chairman of NHIS and other members of the Board who are all politicians. Got the support of the Minister of Health & other politicians. What was the crime of this EX guy? He wanted to block where politicians are eating. The issue they had with the EX guys were: They were not paying hospitals. Many of their licenses had expired since 2013 & he was asking them to renew before they get disbursements of money, etc. One of the conditions the EX guy gave was that every HMOS must go to the hospitals to get a letter of non indebtedness signed by the CMD before they will get funds from the agency. The hospitals were happy with the new development but HMOs were unhappy. The NHIS is strategically important to Nigerians. In a working country, every citizen should be captured in the scheme. NHIS pays Federal, State & even private hospitals through HMOs. Nigerians on the scheme are the main beneficiaries. Many workers are on the scheme. NHIS also pay Military & Police hospitals nationwide. The police alone have over 800k officers and their dependents on the scheme. The Ministry of Health and politicians are the number 1 problem of NHIS in Nigeria. They use NHIS as an ATM. Because the EX guy stopped them, he was suspended on allegations of corruption which many of us believed because of media trial. EFCC then investigated him.The reason he was reinstated was because EFCC did not find him wanting according to my friend that works there. He said after his reinstatement, the EX guy became tougher on the HMOs and the Board & the Minister began to plot his removal again. The EX guy was just suspended again on the eve of delisting many unqualified HMOS. A Pre-emptive move by the NHIS Board & the Minister. The union is also on the payroll of the HMOs. The HMOs are the real cartel at NHIS. HMOs were angry that the EX instituted a forensic audit of NHIS finances. Audit discovered that N46billion of NHIS money were stashed away in different banks. These are people’s money. The HMOs say the EX is using EFCC, CBN, AG, Accountant General & Asset Recovery to fight them. Our national & State hospitals are under funded and many of them survive on the NHIS money. For instance, FMC Asaba got only about N18million from the budget last year & they require over N10million to power the hospital with diesel. So how will they survive without NHIS funding? So if the HMOs take money from NHIS and refuse to give the hospitals, they are destroying our health sector. The Union, the Board and the Ministry of Health should stop the rubbish they are doing to cripple our health sector. We @ConcernedNIG will come into this matter fully. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by ladman(m): 7:26pm On Oct 29, 2018 |
Quigley: I was quite surprised when the board claimed to have sacked him. Government boards in Nigeria are meant to monitor and give reccomendations to either the hierarchy of the organisation or the executive arm of the government. The minister of health also overreached his power when he sacked him without the president's approval. Can the minister of interior sack the heads of any of the paramilitary organisations? I don't think so. Whether the NHIS boss is acting badly or not, the set rules ought to be followed. 1 Like |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by lagosrd: 7:28pm On Oct 29, 2018 |
I dont get why we are like this. We use bigotry and sentiments in everything. Must we wait until another government comes and does his own version of disobeying the rule of law? Why were we even given independence sef. Why |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Nobody: 7:42pm On Oct 29, 2018 |
edupedia: Of all the allegations and barefaced insult to the collective intelligence of every sane Nigerian... all you could muster is IPOB. Do the world a favour, dont reproduce.. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by computermouse(m): 7:42pm On Oct 29, 2018 |
What a useless constitution - that has created to many demi-gods |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Quigley: 7:44pm On Oct 29, 2018 |
ladman: Oh didn't know that Govt boards in Nigeria is quite for show. But I don't the Minister over reached his power, he shares the president's power with him as the head of the health ministry, as to the concept of delegation of power. In the USA, you don't wait for the president to sack you, his Chief of Staff does that irrespective of your position, be you Secretary of State. We need to change these rules for easy running of things, the president has too much to think and run, NHIS chief shouldn't be his priority. That's why things are not moving, too much powers in the hands of the presidency. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by agabaI23(m): 7:50pm On Oct 29, 2018 |
XINOIX:more illiterate than Buhari? |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Nobody: 7:52pm On Oct 29, 2018 |
Senatorfm: After blabbing... you eventually said nothing in relation to the topic. Dumb
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Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Quigley: 8:10pm On Oct 29, 2018 |
AZeD1: That's absurd then. There's no need having them if they won't do there job. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by mapet: 8:14pm On Oct 29, 2018 |
SarkinYarki: Nope. Even the minister has no such powers... This much was said when Kemi Adeosun suspended an ED. The law is that either the minis or the board makes recommendations for suspension to the president who then can direct such based on his own investigation |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by mapet: 8:17pm On Oct 29, 2018 |
Quigley: Very disingenuous of you.... State "standards" without recourse to the law... � |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by AZeD1(m): 8:17pm On Oct 29, 2018 |
Quigley:Hiring and Firing is not part of their job. They can make a recommendation to the President but though. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by mapet: 8:19pm On Oct 29, 2018 |
Quigley: This your comparing "apples and oranges" is a needless exercise. The laws are clear and simple as it is |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by OlujobaSamuel: 8:23pm On Oct 29, 2018 |
mapet:yea, just like PSC and NPF, the PSC cant sack anyone from AIG upward but recommend, same with NJC and Justices |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Yankee101: 8:49pm On Oct 29, 2018 |
vedaxcool: Steve Jobs was sacked by his own board which he founded Elon Musk was almost thrown out by his own board Papa John's founder was removed from his own company. Boards comprise of representatives of shareholders, regulator(s), and other stakeholders. A unanimous board can remove ANY member including the CEO with due course. Some of us are not only in structured environments but have studied and served on boards professionally. Not everyone is a keyboard warrior. Some of us are real life Jedis. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by ladman(m): 8:59pm On Oct 29, 2018 |
Quigley: I agree with you on the need for changes. The federal government has so much powers, it has become powerless in making things work in Nigeria. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by mechanics(m): 9:56pm On Oct 29, 2018 |
How much will it cost them for board members to be reorientated, that's how it's meant to be done, most of them are first timers so may not know their job description. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by emajoe: 11:22pm On Oct 29, 2018 |
Especially when all of them are from the president's region? ![]() ![]() Even the one that was removed by the vice president was replaced with yet another from your own region. Why can't you think for once before you speak? |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by ItsMeAboki(m): 7:49am On Oct 30, 2018 |
Racoon: Just as a minister or board do not have the power to hire neither can they fire the chief executive of a parasatatal; that power rests only with the president, who in fact has the power to both hire and fire all of them. The boards responsibility is only to complement and re-enforce compliance with policy directions instituted from the supervising ministry but not to interfere with the nitty gritty of day to day running of the agency; which falls within the purview of the CEO - all of them have limits which they have to keep to. No need clouding the issue with sentiments. In the case of disciplinary action; the minister or board may investigate but cannot fire the CEO without recourse to the presidency. 1 Like 1 Share |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by vedaxcool(m): 9:30am On Oct 30, 2018 |
[s] Yankee101:[/s] Olodo, do you assume government board function the same way Private boards do? it takes a wise man to admit his ignorance but a fool to progress in ignorance. 1 Like |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Yankee101: 1:12pm On Oct 30, 2018 |
vedaxcool: To show you how dim witted you are I added regulator so you would know I was referring to government boards. Regulators don't sit on private boards usually. If you knew anything about govt boards you wouldn't be opening your dirty mouth. All regulators needed to sack him are already represented in the board of council. (1) There is hereby established for the management of the Scheme, a Governing Council (in this Act referred to as "the Council" ![]() general control of the Scheme. (2) The Council shall consist of the following members- (a) the chairman, who shall be appointed by the President, on the recommendation of the Minister; (b) one person to represent the Federal Ministry of Health; (c) one person to represent the Federal Ministry of Finance; (d) one person to represent the Office of Establishment and Management Services in the office of the head of Civil Service of the Federation; (e) one person to represent the Nigerian Employers Consultative Association; National Health Insurance Scheme Act (f) one person to represent the Nigeria Labour Congress; (g) one person to represent the registered health maintenance organisations; (h) one person to represent the private health care providers; (i) two persons to represent public interest; and (j) the Executive Secretary of the Scheme who shall also be the Secretary to the Council. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by vedaxcool(m): 1:58pm On Oct 30, 2018 |
[s] Yankee101:[/s] This dull child thinks he is talking to a fellow hawker. Please argue with your keyboard if you cannot accept that boards for public institutions functions differently from private boards. 1 Like 1 Share |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by Yankee101: 2:04pm On Oct 30, 2018 |
vedaxcool: Lol. You're obviously one of the mugus that support Buhari even if he shits it doesn't smell. Most dumb people follow/support dumb people. I don't. When proof and precedence are still not convincing it's obvious you're part of the sleeping sheep population, uninformed and dense. I have your time. It's 8am here. I'm up and refreshed. |
Re: Boards Have No Power To Suspend Ceos Of Parastatals, Says SGF by vedaxcool(m): 2:06pm On Oct 30, 2018 |
[s] Yankee101:[/s] vedaxcool: 1 Like |
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