NANS accuses Dangote of CTIN funds diversion, calls for Tinubu’s intervention
The National Association of Nigerian Students (NANS) has raised alarm over the alleged mismanagement of funds at the Cement Technology Institute of Nigeria (CTIN) under the stewardship of Aliko Dangote, prompting them to address an open letter to President Bola Ahmed Tinubu.
In their communiqué, NANS expressed grave concern regarding the purported misuse and lack of accountability within CTIN, accusing Aliko Dangote of redirecting funds earmarked for the training and advancement of Nigerian youth in the cement sector. They contend that this alleged malfeasance has resulted in unfulfilled promises, dashed aspirations, and adverse effects on the nation’s economy.
Demanding transparency, accountability, and justice, NANS implored President Tinubu to intervene by instructing the Federal Ministry of Industry, Trade, and Investment to disclose the status and utilization of the over ₦20 billion contributed to CTIN over the past decade. Additionally, they called for an independent forensic audit of the funds and a restructuring of CTIN’s leadership to avert future instances of mismanagement.
The student association further demanded an explanation from Aliko Dangote regarding his alleged involvement in the mismanagement saga, urging swift measures to ensure that those found culpable are publicly held accountable. They emphasized their unwavering resolve to pursue justice and prevent similar breaches of public trust in the future.
In light of these damning allegations, NANS’s letter to President Tinubu underscores the urgent need for intervention to rectify the situation and restore confidence in institutions entrusted with public funds. The call for transparency, accountability, and justice resonates as a clarion call for ethical governance and the protection of Nigeria’s economic interests.
