President Bola Tinubu Makes Fresh Appointments

President Bola Tinubu has made fresh appointments.

Philips News reports that President Bola Ahmed Tinubu has approved the appointment of Eyitope Kola-Oyeneyin and Muhammad Hadi Mutallab as the new board chairpersons of the Nigerian Investment Promotion Commission (NIPC) and the Nigerian Export Processing Zones Authority (NEPZA), respectively.

The appointments were announced by the Federal Ministry of Industry, Trade and Investment (FMITI) in a statement shared on the Presidency’s official X account on Monday. According to the ministry, the decision forms part of the Federal Government’s efforts to strengthen governance and improve the performance of key economic institutions through experienced leadership.

In the statement, the ministry said, “The Federal Ministry of Industry, Trade and Investment (FMITI) is pleased to announce that His Excellency, President Bola Ahmed Tinubu, GCFR, has approved the appointment of the board chairpersons for Nigerian Investment Promotion Commission (NIPC) and Nigerian Export Processing Zones Authority (NEPZA).”

FMITI explained that the appointments are “non-political” and are intended to reinforce the effectiveness of institutions responsible for promoting investment, industrial development and Nigeria’s non-oil export sector. The ministry noted that the newly constituted boards would provide strategic leadership, strengthen institutional oversight, improve accountability and support the agencies in delivering on their statutory responsibilities.

According to the ministry, the NEPZA Governing Board will play a key role in advancing the authority’s mandate of developing and promoting Nigeria’s export processing and special economic zones, while helping to create an environment that attracts local and foreign investment.

Highlighting the significance of the appointments, the ministry stated, “The appointments underscore the Federal Government’s commitment to strengthening the governance of strategic institutions that play a critical role in driving Nigeria’s industrialisation, investment promotion, and non-oil export agenda.”

Meanwhile, PhilipsNews reports that the ministry added that it is optimistic about working with the newly appointed chairpersons to advance ongoing reforms, improve institutional performance, and attract more investments into the country. It said the appointments are expected to support inclusive economic growth and align with President Tinubu’s Renewed Hope Agenda by strengthening institutions that drive economic development and private sector participation.