Tinubu Announces Two Top Appointments (DETAILS)

The ministry emphasized that these roles are “non-political” and are intended to enhance the effectiveness of organizations responsible for promoting investment, industrialization, and advancing Nigeria’s non-oil export agenda.

“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 of chairpersons for Nigerian Investment Promotion Commission (NIPC) and Nigerian Export Processing Zones Authority (NEPZA),” the statement read.

The ministry said the constitution of the boards would provide strategic direction, improve institutional oversight, strengthen accountability and support the effective implementation of the agencies’ statutory mandates.

It added that the NEPZA Governing Board would provide oversight to advance the authority’s role in developing and promoting Nigeria’s export processing and special economic zones.

“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,” FMITI said.

The ministry further said it looked forward to working with the newly appointed chairpersons to deepen reforms, improve institutional performance, attract more investments and accelerate inclusive economic growth in line with President Tinubu’s Renewed Hope Agenda.