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US Navy praises Nigerian man for effectively managing $45m in its largest cash disbursing office

For the act of diligence and accountability, the US Navy has honored Lt. Victor Agunbaide, a Nigerian man serving in the US for effectively managing its largest overseas cash disbursement of $45m (N17.5bn)

According to reports, Agunbaide joined the Navy and works as a Disbursing Officer, Camp Lemonier, Djibouti.

The US Navy said that an audit of the accounts showed there were no discrepancies and the Lt. Victor Agunbaide has effectively managed the money and was able to account for every penny.

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The award certificate read in part, “Meritorious service while serving as disbursing officer, comptroller department, Camp Lemonier, Djibouti from October 2019 to July 2020 in support of Operation Enduring Freedom and Overseas Contingency Freedom.”

“Demonstrating superior leadership, Lieutenant Agunbiade managed the navy’s largest cash disbursing office with $45m in cash transaction accounting for approximately 70 percent of the navy’s overseas disbursing volume. Additionally, he maintained 100 percent accountability of $23m across six rigorous inspections and independent audit with zero discrepancies.

“By his unswerving determination, wise judgment, and complete dedication to duty, Lieutenant Agunbiade reflected great credit upon himself and upheld the highest traditions of the United States Naval Service.”

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