Skip to content
Friday 25 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 4924 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

FG unveils online discount platform for serving, retired military personnel

September 24, 20260
News

One shot as Civil Defence operatives, traders clash in popular market

September 24, 20260
News

Benin-Asaba Road to be redesigned on concrete pavement, no company awarded repair contract — Works minister Umahi

September 24, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
Africa

Dangote to build $660 million petroleum pipeline linking Ethiopia, Djibouti

September 24, 20260
International

JUST IN: Hollywood stars, others arrested in New York anti-Netanyahu protest

September 24, 20260
Inside Akwa Ibom Today

INSIDE AKWA IBOM TODAY – A’Ibom at 39: Gov Eno doles out N190 million scholarship to two brilliant students

September 24, 20260
International

US launches online portal to report visa fraud, misuse

September 24, 20260
News

FG unveils online discount platform for serving, retired military personnel

September 24, 20260
Politics

Atiku appoints embattled former Governor El-Rufai into election campaign council

September 24, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Dangote to build $660 million petroleum pipeline linking Ethiopia, Djibouti

September 24, 2026

JUST IN: Hollywood stars, others arrested in New York anti-Netanyahu protest

September 24, 2026

INSIDE AKWA IBOM TODAY – A’Ibom at 39: Gov Eno doles out N190 million scholarship to two brilliant students

September 24, 2026

US launches online portal to report visa fraud, misuse

September 24, 2026

FG unveils online discount platform for serving, retired military personnel

September 24, 2026

inside the Hill top newspaper

0 Comments

Dangote to build $660 million petroleum pipeline linking Ethiopia, Djibouti

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

JUST IN: ADC unveils 28 governorship candidates for 2027 election •FULL LIST

September 4, 2026
3

Rebasing economy without growth is economic deception, By Sunny Onuesoke

July 22, 2025
4

INSIDE AKWA IBOM TODAY: When you empower women, you build a Nation — Governor Eno

August 21, 2026
5

Speeding driver kills final year varsity student

August 22, 2024
6

Star actress Juliet Ibrahim finds love again •Engaged after 8 years separation from husband

September 7, 2024
Popular
1

inside the Hill top newspaper

February 9, 2025
2

National Assembly reconvenes Friday to pass budget next day

December 27, 2023
3

Sexual harassment in Military: Female soldiers face unending battle with depression, abandonment

February 17, 2024
4

Shameless NLC!, By Wale Ojo-Lanre Esq

September 13, 2025
5

Football star Marc Guehi writes ‘Jesus Loves You’ on rainbow armband, defying Premier League guidelines

December 4, 2024
6

Panic as pregnant woman found hanging from tree

May 6, 2025

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

DSS releases ex-EFCC boss Bawa after over 100 days in custody

October 26, 2023

Osun Assembly passes bill extending judges’ retirement age to 70

December 12, 2023

10 beauty habits that help women look younger naturally

June 6, 2026

Kenya police chief resigns after bloody protests

July 12, 2024
Top posts

Categories

  • News5063
  • Politics4758
  • Crime4548
  • International3150
  • Sports2548
  • Business & Economy2339
  • Headlines2252
  • Education1425
  • Matilda Showbiz1025
  • Health917
  • Entertainment851
  • Africa607
  • Religion491
  • Environment383
  • Special278
  • Info Tech255
  • Arts & Culture240
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today222
  • Interview194
  • Opinion156
  • EyeCare with Dr Priscilia Imade135
  • World Cup 202695
  • Advert36
  • Trends23
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge4

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

designed by winnet services

  • Home
  • Advertise with us
  • Contact