Funke Kasali

Funke Kasali
Alma materTexas Southern University,
University of Houston Graduate School of Business, Institute of Chartered Accountants of Nigeria
OccupationsPhilanthropist and cleric
SpouseYomi Kasali
Children2

Adefunke Sharon Kasali is a Nigerian philanthropist and cleric. She was the executive secretary of the Petroleum Equalisation Fund's management board[1][2][3][4][5][6][7][8] from 2007 to 2015.[9][10] She is the founder of Diamond Lights Women Empowerment Initiative.[11][12]

Education and career

She completed a Bachelor of Business Administration degree in accounting from Texas Southern University and obtained a Master of Business Administration in Finance and MIS from the University of Houston Graduate School of Business in 1991.[13] She is also a member of the Institute of Chartered Accountants of Nigeria (ICAN).[14] She was appointed as the executive secretary of the Petroleum Equalization Fund Board from April 2007 to 2015.[3]

Petroleum Equalisation Fund

During her tenure as Executive Secretary of the Petroleum Equalisation Fund from 2007 to 2015, Kasali oversaw significant reforms in the management of petroleum bridging claims across Nigeria.[15] In 2011, the PEF reported savings of over ₦300 million for the Federal Government through improved monitoring and reduction of fraudulent claims.[16] In 2013, the PEF under her leadership intercepted and stopped over ₦26 billion in illegal bridging claims.[17]

In August 2011, the Economic and Financial Crimes Commission (EFCC) was reported to have arrested Kasali in connection with investigations, though she and her office categorically denied the arrest, describing the reports as false and misleading.[18] She was dismissed from her position in May 2015 by President Goodluck Jonathan.[19]

Philanthropy

Kasali founded the Diamond Lights Women Empowerment Initiative, a non-profit organisation focused on girl-child education and women's economic empowerment.[20] In July 2018, the wife of Vice President Yemi Osinbajo, Mrs Dolapo Osinbajo, attended and spoke at a Diamond Lights event, calling for greater support for girl-child education to eradicate poverty in Nigeria.[21]

Personal life

She is married to Pastor Yomi Kasali and they have two children.[22][23]

References

  1. ↑ "Petroleum Equalisation Fund saves govt N300m". Vanguard. Lagos, Nigeria. 20 July 2011. Retrieved 11 February 2020.
  2. ↑ "PEF plans to pay marketers within one week". Energy News | Oil and Gas News. 5 February 2014. Retrieved 11 February 2020.
  3. 1 2 "PEF in partnership with FRSC to register tankers". Energy News | Oil and Gas News. 20 January 2014. Retrieved 11 February 2020.
  4. ↑ "PEF stopped N26bn illegal bridging claims in 2013 – Kasali". Energy News | Oil and Gas News. 17 January 2014. Retrieved 11 February 2020.
  5. ↑ "Mrs. Sharon Adefunke Kasali, [Executive Secretary, Petroleum Equalisation Fund], Not Arrested And Detained". Sahara Reporters. New York City, United States. 13 August 2011. Retrieved 11 February 2020.
  6. ↑ "EFCC Arrests PEF Executive Secretary, Mrs. Kasali". Sahara Reporters. New York City, United States. 11 August 2011. Retrieved 11 February 2020.
  7. ↑ Mudashir, Ismail; Kaduna; Muhammad, Hamisu; Abuja (22 March 2013). "Neighbours, colleagues eulogise late Lawan Isa". Daily Trust. Retrieved 11 February 2020.
  8. ↑ "PEF BOSS DENIES CORRUPTION CHARGES". Nigerian Voice. Retrieved 11 February 2020.
  9. ↑ "Jonathan Appoints New Executive Secretaries For PEF And NCDMB". Channels Television. Retrieved 11 February 2020.
  10. ↑ "President fires Executive Secretary of Petroleum Equalization Fund". Pulse Nigeria. 5 May 2015. Retrieved 11 February 2020.
  11. ↑ Adebayo, Adeyemi (22 July 2018). "Osinbajo seeks support for girl-child education, women empowerment". The Next Edition. Retrieved 11 February 2020.
  12. ↑ "VP's wife calls for support to boost girl-child education, women empowerment". Pulse Nigeria. 22 July 2018. Retrieved 11 February 2020.
  13. ↑ "Mrs. Sharon Adefunke Kasali, [Executive Secretary, Petroleum Equalisation Fund], Not Arrested And Detained". Sahara Reporters. New York City, United States. 13 August 2011. Retrieved 17 August 2020.
  14. ↑ ICAN, The Institute Of Chartered Accountants Of Nigeria. "FINANCIAL MEMBERS AS AT MAY 22, 2018" (PDF).
  15. ↑ "Petroleum Equalisation Fund saves govt N300m". Vanguard. Lagos, Nigeria. 20 July 2011. Retrieved 3 July 2026.
  16. ↑ "Petroleum Equalisation Fund saves govt N300m". Vanguard. Lagos, Nigeria. 20 July 2011. Retrieved 3 July 2026.
  17. ↑ "PEF stopped N26bn illegal bridging claims in 2013 Kasali". Energy News Africa. 17 January 2014. Retrieved 3 July 2026.
  18. ↑ "Mrs Sharon Adefunke Kasali Executive Secretary Petroleum Equalisation Fund Not Arrested And Detained". Sahara Reporters. 13 August 2011. Retrieved 3 July 2026.
  19. ↑ "President fires Executive Secretary of Petroleum Equalization Fund". Pulse Nigeria. 5 May 2015. Retrieved 3 July 2026.
  20. ↑ "VP wife calls for support to boost girl-child education women empowerment". Pulse Nigeria. 22 July 2018. Retrieved 3 July 2026.
  21. ↑ "Osinbajo Kasali harp on girls education to eradicate poverty". The Guardian. Lagos, Nigeria. 23 July 2018. Retrieved 3 July 2026.
  22. ↑ "Osinbajo, Kasali harp on girls' education to eradicate poverty". The Guardian. Lagos, Nigeria. 23 July 2018. Retrieved 11 February 2020.
  23. ↑ "Women urged to leverage on NCPC maiden pilgrimage". Daily Times Nigeria. 3 May 2018. Retrieved 11 February 2020.
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