NAFDAC Director-General Professor Mojisola Adeyeye Discusses Financial Challenges

Friday, 9 August 2024, 12:48

Professor Mojisola Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), revealed alarming financial issues upon taking office, including a staggering debt of £3.2 billion alongside £500 million in unaccounted funds. She expressed concern over the impact of these financial discrepancies on the agency's operational effectiveness. This situation highlights the pressing need for financial oversight and management reforms within public agencies to enhance transparency and accountability.
Leadership
NAFDAC Director-General Professor Mojisola Adeyeye Discusses Financial Challenges

Financial Challenges at NAFDAC

The director-general of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Mojisola Adeyeye, has disclosed significant financial challenges that she inherited upon taking office.

Inherited Financial Burden

  • Debt of £3.2 billion
  • £500 million unaccounted for

Professor Adeyeye's revelation raises serious concerns about the operational challenges faced by NAFDAC due to the inherited financial liabilities. The substantial debt and missing funds indicate a lack of financial oversight in previous administrations.

Need for Reforms

  1. Enhancement of financial oversight
  2. Implementation of management reforms

These challenges underscore the urgency for reforms to promote transparency and accountability in public agencies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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