Aliyu Abdulhameed, the former Managing Director of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), Aliyu Abdulhameed, has been arrested has been arrested.
His arrest is coming barely a year after he was sacked by the board of the CBN over soundry allegations of corruption and gross mismanagent. Daily Trust reports.
NIRSAL, a $500m non-bank financial institution, is a creation of the Central Bank of Nigeria (CBN) mandated to manage agribusiness-related credit risks in Nigeria.
Abdulhameed was kicked out of office following allegations of corruption, including a 2018 N5.6 billion wheat project meant for farmers in Kano and Jigawa States.
His sack was endorsed by the Board of the CBN following approval from the Presidency in December last year
