NAFDAC Director-General Mojisola Adeyeye Discloses Inherited Debt

Friday, 9 August 2024, 09:19

Mojisola Adeyeye, the Director-General of NAFDAC, reported that she inherited a staggering debt of N3.2 billion when she assumed leadership of the agency in 2017. Additionally, she mentioned that there is another N500 million that remains unaccounted for. This revelation raises concerns about the financial state of the agency and the challenges faced in funding its operations. The lack of accountability and substantial debt could impact NAFDAC's efforts to ensure public health and safety.

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Inherited Financial Obligations of NAFDAC

Mojisola Adeyeye on Friday disclosed that she inherited a debt of N3.2 billion when she took over the agency’s affairs in 2017. In her statement, she also highlighted that another N500 million was unaccounted for, raising concerns about the financial transparency of the agency. These inherited financial obligations pose significant challenges for the effective functioning of NAFDAC and its mandate to ensure public health.

Conclusion

While Adeyeye’s revelation sheds light on the financial difficulties NAFDAC faces, it is imperative that measures are put in place to address the accountability issues and fiscal management within the agency.

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.

Inherited Financial Obligations of NAFDAC

Conclusion

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