President Tinubu Axes CEOs for Economic Overhaul

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In a strategic move aimed at restructuring pivotal federal agencies for the benefit of Nigerian consumers and bolstering the nation’s economic growth, President Tinubu has made significant personnel changes, dismissing two Chief Executive Officers.

Effective immediately, Mr. Babatunde Irukera, who served as the Executive Vice Chairman/CEO of the Federal Competition and Consumer Protection Commission (FCCPC), and Mr. Alexander Ayoola Okoh, the Director-General/CEO of the Bureau of Public Enterprises (BPE), have been relieved of their duties.

The directive, made public by Chief Ajuri Ngelale, the Special Adviser to the President on Media and publicity, emphasizes the need to reposition critical agencies to safeguard consumer rights and strengthen the contributions of key growth-enabling institutions to the nation’s economy.

President Tinubu Axes CEOs for Economic Overhaul
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    The dismissed Chief Executives are instructed to hand over their responsibilities to the next most senior officers in their respective agencies, pending the appointment of new CEOs.

    Read Also: President Tinubu Signs N28.7 Trillion 2024 Budget

    President Tinubu’s proactive stance reflects a commitment to fostering a conducive environment for economic development and ensuring effective leadership within critical government bodies.

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