Skip to content
Thursday 3 September 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
News
News

EXPOSED: I Inherited ₦3.2 billion debt, ₦500 million missing when I assumed office — NAFDAC boss

The FrontierThe FrontierAugust 9, 2024 4814 Minutes read0

•NAFDAC Director General, Prof Mojisola Adeyeye

The Director General of the National Agency for Food and Drug Administration and Control (NAFDAC), Professor Mojisola Adeyeye has claimed that she inherited a debt of ₦3.2 billion, while ₦500 million was unaccounted for upon her resumption in the office.

She disclosed this on Channels Television today.

According to Adeyeye, such debt and missing funds were enough to declare the agency bankrupt if it had happened in a developed country such as the United States.

She said, “When I got to NAFDAC, I met N3.2 billion debt, and N500 million missing and there was no account for it before I came.

“I asked them if they had capital projects they used the money for. Bear in mind that at that time, ₦1 million was equivalent to $2000. So multiply $2000 by ₦500m. I was coming from the US where money was hard to get. You worked hard for your money. I could have given up but I saw an opportunity and I seized it.

“It was tough because if that had happened in the US, NAFDAC would have been declared bankrupt, and a financial house would have taken over the management of our finances. But I didn’t have money to hire a financial house.

“My point is that we have enough endowment in this country to make things better, and I am using NAFDAC as an example.

“I said I was going to cut to the bone. I am going to be using technology to ensure that our system moves on.

“We started Zoom meetings in 2018. Many people didn’t like it because they were used to getting travel allowances and DTAs. But we had to save.”

Commenting on the #EndBadGovernance nationwide protest on hunger and hardship, she said the challenges were a reflection of six decades of decadence.

“The situation in our country is a reflection of a six-decade of decadence. I was young when we got our independence, and I knew the Nigeria that worked.

“We left the country for further studies in 1980, and we were part of those who fought for the democracy of this country. My husband and others fought for the democracy of this country. My husband, with the current president of this country, President Bola Tinubu fought for independence. Some of them had broken homes. Some of them and others in the diasporas were always going to beg others to help us and deliver us from military rule then.

“At some point, a friend of mine asked me, “Aunty Moji, is something wrong with you and your husband?” Because he was teaching on Tuesdays and Thursdays, and those were the days he was present at home. He was always going with other leaders of Nigeria to beg other countries to help us. So I take whatever is happening now personally.

“That was what made him come back home in 2002 after 22 years. He was an interim chairman of his local government, and people were shocked at what happened to Ifedayo Local Government Osun State within one year.

“Before he came, there was no light in his local government for six months. He brought light. There was no water for 17 years, he brought water.

“He was wearing knicker to work, and they told him he was supposed to be wearing Agbada. It was the best job he ever did.

“So, I take whatever is happening now personally. I was there for 37 years because I had to take care of the children. Both of us couldn’t come. He and others sacrificed a lot for the pro-democracy movement. After 37 years, I came back and of course, my profession is pharmacy. I was a professor for 30 years. I retired from the US system and came back to a country I couldn’t recognise anymore in terms of our values, state of our pharmaceutical industry, quality of medicines, and generally healthcare delivery.

“That’s why I said what is happening now is a result of six decades of decadence.

“I had thought of the new national anthem that says “in peace and plenty”. We are not looking for the Ethiopian system of government. It cannot happen. However, our people deserve the best within the context of our resources.

“But our values have gone, and it started from the home. If the parents are not doing what they should do, if the church and mosque are not doing what they are supposed to do, and if the schools are not the way they should be…it goes right up to the highest level of functionality of society.

“So what is happening now is very painful for me. I am a realist because, after 37 years abroad and coming back home, the reality is there that you have got to sacrifice. We were very comfortable in the US. But it is not all about comfort, but about making a significant impact in society.

“In peace and plenty may Nigeria be blessed. We cannot be blessed without a transparent society.

“We cannot be blessed if we have corruption. Corruption has eaten into the fibre of the society,” she said.

Tags
₦3.2 billion debt₦500 million missingassumedinheritedNAFDAC bossoffice
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post As police go on strike, students take over traffic duty in Bangladesh •PHOTOS
next post FG vows to prosecute building collapse culprits, demands stronger oversight
Related posts
  • Related posts
  • More from author
News

Building collapse in Kwara: Death toll rises to five

September 3, 20260
News

Traffic eases on Benin-Agbor Road as remedial works begin

September 3, 20260
News

FESTAC Town residents threaten protest over demolished fence

September 2, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Inside Akwa Ibom Today

INSIDE AKWA IBOM TODAY: The Amazon Ibom Air pilot who broke aviation records

September 3, 20260
Headlines

EXPOSED: How we were offered $3 million to stop campaign against Tinubu’s alleged drug scandal — US lobbying firm

September 3, 20260
Politics

2027 elections: If Tinubu loses, Atiku, Obi will target me – Wike confesses

September 3, 20260
Crime

Soldiers rescue kidnapped General’s wife in Abuja

September 3, 20260
Politics

2027: INEC plans mock presidential election, technology audit

September 3, 20260
Business & Economy

Mixed reactions as Uber exits from Nigeria •Company deactivates booking platform in Nigeria

September 3, 20260
Load more

inside the Hill top newspaper

February 9, 2025

INSIDE AKWA IBOM TODAY: The Amazon Ibom Air pilot who broke aviation records

September 3, 2026

EXPOSED: How we were offered $3 million to stop campaign against Tinubu’s alleged drug scandal — US lobbying firm

September 3, 2026

2027 elections: If Tinubu loses, Atiku, Obi will target me – Wike confesses

September 3, 2026

Soldiers rescue kidnapped General’s wife in Abuja

September 3, 2026

2027: INEC plans mock presidential election, technology audit

September 3, 2026

inside the Hill top newspaper

0 Comments

INSIDE AKWA IBOM TODAY: The Amazon Ibom Air pilot who broke aviation records

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Organisations that published vexatious Easter messages •FULL LIST

April 3, 2024
3

Reps seek long-term renewal of Tantita oil pipeline surveillance contract

April 30, 2026
4

No cracks in Southern PDP over Lagos meeting – Governor Makinde

August 22, 2025
5

$4 billion refinery fund: Tinubu faces litmus test as lawyers petition EFCC on Kyari

September 18, 2025
6

Sit-at-home: Governor Soludo shuts down popular Nnewi Market

February 23, 2026
Popular
1

inside the Hill top newspaper

February 9, 2025
2

Japa syndrome strangles healthcare, surgery patients face tortuous delays

August 4, 2024
3

RED ALERT: WHO sounds alarm on risk of another deadly global epidemic

July 22, 2025
4

RED ALERT: Consider departing Middle East — US Embassies urge citizens

August 2, 2026
5

Turkey arrests 99 suspected Islamic State jihadist group members

August 2, 2024
6

Cholera outbreak: Borno records 274 new cases in 24 hours as toll hits 4,204

June 2, 2026

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

Hot lyrics: AKWABA (AFCON 2023), by Magic System ft. Yemi Alade and Mohamed Ramadan

January 20, 2024

18 governors paying above N70,000 minimum wage

December 9, 2024

Ukraine embassy in Nigeria showcases 3 years of resilience against Russia’s aggression

September 3, 2025

Bitcoin value dives as uncertainty grips market

March 4, 2025
Top posts

Categories

  • News4981
  • Politics4644
  • Crime4452
  • International3078
  • Sports2487
  • Business & Economy2288
  • Headlines2235
  • Education1386
  • Matilda Showbiz999
  • Health888
  • Entertainment823
  • Africa588
  • Religion486
  • Environment375
  • Special277
  • Info Tech247
  • Arts & Culture240
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today207
  • Interview188
  • Opinion154
  • EyeCare with Dr Priscilia Imade132
  • World Cup 202695
  • Advert34
  • Trends23
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge1

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact