JUST IN: Tinubu Sacks Heads Of CAC, NEPZA, SON, 11 Others, Appoints Replacement

President Bola Tinubu has appointed fourteen new chief executive officers to lead several agencies and parastatals under the Federal Ministry of Industry, Trade, and Investment, including the Corporate Affairs Commission (CAC) and Nigeria Export Processing Zone Authority (NEPZA).

The appointments came on the heels of his recent appointments to key agencies within the Federal Ministries of Communications, Innovation, and Digital Economy.

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The latest round of appointments was announced on Friday by President Tinubu’s media adviser, Ajuri Ngelale, who noted that the appointments align with his principal’s vision for Nigeria’s economic revival through trade expansion and industry facilitation for small, medium, and large-scale businesses.

The newly appointed CEOs and the agencies they will lead are as follows:

  1. Corporate Affairs Commission (CAC) — Hussaini Ishaq Magaji, SAN
  2. Industrial Training Fund (ITF) — Afiz Ogun Oluwatoyin
  3. National Sugar Development Council (NSDC) — Kamar Bakrin
  4. Nigeria Export Processing Zone Authority (NEPZA) — Olufemi Ogunyemi
  5. Nigeria Export Promotion Council (NEPC) — Nonye Ayeni
  6. Nigeria Investment Promotion Commission (NIPC) — Aisha Rimi
  7. Oil & Gas Free Zone Authority (OGFZA) — Bamanga Usman Jada
  8. Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) — Charles Odii
  9. Standards Organisation of Nigeria (SON) — Ifeanyi Chukwunonso Okeke
  10. Financial Reporting Council of Nigeria (FRCN) — Rabiu Olowo
  11. Nigeria Commodities Exchange (NCE) — Anthony Atuche, CFA
  12. Lagos International Trade Fair Complex (LITFCMB) — Veronica Safiya Ndanusa
  13. Tafawa Balewa Square Management Board (TBSMB) — Lucia Shittu
  14. National Automotive Design and Development Council (NADDC) — Oluwemimo Joseph Osanipin

President Tinubu has set high expectations for the newly appointed CEOs, charging them with the responsibility to optimally deliver in accordance with new key performance indicators established by the Federal Ministry of Industry, Trade, and Investment.

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Ngelale said the benchmarks are aimed at driving the ‘Renewed Hope Agenda’ of the Tinubu administration.

Prior to this, President Tinubu had appointed a new chairman for the Economic and Financial Crimes Commission (EFCC), indicating a holistic approach to his administration’s efforts in various sectors.

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