President Bola Tinubu has reportedly sacked Olukayode Pitan as Managing Director of the Bank of Industry.

The alleged sack was disclosed by Global Peace Ambassador, a Strategic Communication expert, Jackson Ude.

Ude took to his official Twitter account to write;

“BOLA TINUBU SACKS BANK OF INDUSTRY MD Bola Tinubu has sacked the Managing Director of the Bank of Industry, Mr Olukayode Pitan, He has been asked to tender his hand over note immediately. The reason for his sacked is not immediately known.”

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Pitan is the Managing Director and Chief Executive Officer of Bank of Industry Ltd, Nigeria’s oldest and largest development finance institution.

He has gained significant experience across various financial services sectors including banking and capital markets, during his over 30-year career

However, there was no confirmation from either of the Federal Government or the Bank of Industry as of press time.