The last may not have been heard about the untamed looting, fraud, reckless spending and illegality being perpetrated by “Cardoso boys” both in Central Bank of Nigeria and its sister company the Nigeria Security Printing and Minting Plc NSPMP, popularly known as MINT. This time, a contract staff of MINT Mr. Mustapha Oladeji Mohammed-Jimoh was paid the sum of N60,000,000.00 (Sixty Million Naira) as leave allowance.
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Mr. Mohammed-Jimoh who was employed as a contract staff in 2024 at the age of 64 years is currently cruising in the United States of America from the said money paid him at the instance of the Central Bank Governor, Mr. Olayemi Cardoso.
Our investigation revealed that in 2024, Mr. Mohammed-Jimoh was among those ‘pushed’ on MINT by CBN top management team. During the interview, according to information at the disposal of LeadinReporters, Mohammed-Jimoh’s employment could not fly owing to his age. He was 64 years old at the time he was interviewed. Following the pressure mounted by the leadership of Central Bank of Nigeria, Mr. Mohammed-Jimoh was employed as a contract staff.
Part of his interview report read “Mr Mustapha Oladeji Mohammed-Jimoh has limitations. He cannot be offered full-time employment as a public servant because of his age. He is 63 years old and will be 64 by February 2024. He was born on 19th February 1960. In line with public service rules, you cannot employ a candidate over 50 years of age. To be eligible for employment into the Federal Public Service, an applicant must not be less than 18 years of age and not more than 50 years of age. In line with both public service rules and MINT policy, he is above the statutory retirement age of 60 years. He can only be employed as a contract staff”.
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But LeadingReporters investigation revealed that Mr. Mohammed-Jimoh enjoys all the privileges of a full public office holder and more, including being provided with lavish amenities. A discreet source who spoke to LeadingReporters on condition of anonymity said that Mr Mohammed-Jimoh was specifically sent to MINT to amass money for his old age. The source said he, just like other executive directors enjoy unhindered and easy access to MINT money, while the junior and intermediary staff live miserably.
“MINT pays the worse salary structure. Worse working environment. You cannot talk about career growth in MINT. The company is divided between the rich executive directors and the poor workers The staff who create the wealth are paid peanuts, worse than their counterparts in other Central Bank of Nigeria-owned companies. On the other hand, those in the executive director cadre enjoy lavish lifestyles and reckless spending that puzzles people. Recall that it was in the same MINT that a managing director resigned to contest for the governorship election in his home state. MINT has a notoriety of absurdity in management and reckless spending. The peak of it started under the former Governor Godwin Emiefele and it has remained unchanged, if not worse under Cardoso. We only have leadership that appeals to staff to endure but resort to lavish lifestyles themselves”. The source said.