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HomeNewsMuslim group blasts Buhari for suspending FRC code

Muslim group blasts Buhari for suspending FRC code

The Muslim Students’ Society of Nigeria, has reacted angrily to the sack of Jim Obazee as the Executive Secretary of the Financial Reporting Council of Nigeria.

Its National President, Muhammad Jameel Muhammad, also condemned the suspension of the council’s regulations.

MSSN warned that there should be no exception to the FRC code which sought to ensure financial transparency and accountability in organisations.

The group further opined that the suspension was to appease Vice-President Yemi Osinbajo, General Overseer (Worldwide) Pastor Enoch Adeboye, and the Redeemed Christian Church of God, RCCG.

Osinbajo is a senior RCCG Pastor.

Muhammad told Punch that “The suspension of the FRC codes by the government at this time is, in my opinion, a wrong decision.”

“This is so because it literally translates to bowing to pressure or seeking to please certain interests.

“If people say it was done to please the Vice-President, Prof. Yemi Osinbajo, or the Redeemed Christian Church of God, they will be right because of the circumstance with which the suspension came.

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“The government truly has dented its image and it is seen by many as siding with certain interests.

“The promise of ‘change’ which endeared it to people is being thrown into the rubbish bin.

“My candid advice to government is to remain resolute and assert its regulations not minding whose ox is gored.

“The FRC codes and the council should be given a more careful look and if necessary, amendments should be made.

“But the suspension of the FRC regulations at this point is seen by many in a bad light. I call on the government to rescind its decision,” the MSSN leader added.

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