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Breaking News: Tinubu Sacks CEOs Of Agencies, Parastatals Under Industry Ministry, Makes Replacements

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President Bola Tinubu has at once swept out the Chief Executives of Parastatals and agencies under the parent body, Federal Ministry of Industry, Trade and Investment.

He subsequently appointed their replacements, directing them to assume office immediately.

A statement by the presidential spokesman, Ajuri Ngelale said it was “in line with his (Tinubu’s) resolve to base Nigeria’s economic revival on the foundation of trade expansion through small, medium and large scale industry facilitation in the country. “

“President Bola Tinubu expects all new appointees in this critical sector to optimally deliver in accordance with new key performance indicating benchmarks as established by the Federal Ministry of Industry, Trade and Investment”, he added.

The full text of the statement reads:

STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU APPOINTS NEW LEADERSHIP ACROSS THE INDUSTRY, TRADE, AND INVESTMENT SECTORS

President Bola Tinubu has approved the appointment of new Chief Executive Officers of several agencies and parastatals under the Federal Ministry of Industry, Trade and Investment, in line with his resolve to base Nigeria’s economic revival on the foundation of trade expansion through small, medium and large scale industry facilitation in the country:

Corporate Affairs Commission (CAC) — Hussaini Ishaq Magaji, SAN

Industrial Training Fund (ITF) — Afiz Ogun Oluwatoyin

National Sugar Development Council (NSDC) — Kamar Bakrin

Nigeria Export Processing Zone Authority (NEPZA) — Olufemi Ogunyemi

Nigeria Export Promotion Council (NEPC) — Nonye Ayeni

Nigeria Investment Promotion Commission (NIPC) — Aisha Rimi

Oil & Gas Free Zone Authority (OGFZA) — Bamanga Usman Jada

Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) — Charles Odii

Standards Organisation of Nigeria (SON) — Ifeanyi Chukwunonso Okeke

Financial Reporting Council of Nigeria (FRCN) — Rabiu Olowo

Nigeria Commodities Exchange (NCE) — Anthony Atuche, CFA

Lagos International Trade Fair Complex (LITFCMB) — Veronica Safiya Ndanusa

Tafawa Balewa Square Management Board (TBSMB) — Lucia Shittu

National Automotive Design and Development Council (NADDC) — Oluwemimo Joseph Osanipin

In view of the Renewed Hope Agenda of his administration, President Bola Tinubu expects all new appointees in this critical sector to optimally deliver in accordance with new key performance indicating benchmarks as established by the Federal Ministry of Industry, Trade and Investment.

By this directive of the President, all of the above listed appointments take immediate effect.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

October 13, 2023

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