EFCC Arrests Deputy Chairman of Jonathan’s Campaign, Ngozi‎ Olojeme

The Economic and Financial Crimes Commission () has arrested the Deputy Chairman of the Finance Committee of the Goodluck Campaign Organization, Dr Ngozi Olojeme.

Ngozi, who served as the chairman of the Nigeria Social Insurance Trust Fund (NSITF), was declared wanted for allegedly diverting N69bn from the agency.

She was reported to have fled Nigeria shortly after her sack by President Muhammadu Buhari in 2015.

An EFCC report, made available to Punch read in part, “It was discovered that the other banks have witnessed a total turnover of over N62 ,358,401,927 between 2012 and 2015 from the Employee Compensation Scheme contributions.

“That out of the N62bn , the Federal Government contributed N13,600,000,000 while the sum of N48 ,758,401,927.80 was contributed by the private sector.

“That there were several payments to individuals and companies from the NSITF bank accounts for purported contracts or consultancy services.

“That some individuals and companies that received these payments in turn transferred parts of the funds directly to the NSITF officials while others transferred huge sums to bureau de change operators who changed them to dollars.”

The report added that Olojeme sent her account officer at FBN to collect $ 48m from some NSITF contractors through a BDC operator.

It added “That through this process, Dr. Ngozi Olojeme, the then NSITF board chairman, has collected a total sum of $ 48,485,127 from Mr . Chuka Eze (her account officer at FBN) which cash he collected on her behalf being the dollar equivalent of money paid to BDCs by NSITF contractors.”

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Farouk Mohammed

Farouk Mohammed is a Head Editor at Okay Nigeria ( He has been publishing for 5 years and focused more on Local/World News on

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