President Bola Ahmed Tinubu has approved the appointment of board chairpersons for the Nigerian Investment Promotion Commission (NIPC) and the Nigerian Export Processing Zones Authority (NEPZA) as part of efforts to strengthen institutional governance and drive economic growth.

The appointments, announced by the Federal Ministry of Industry, Trade and Investment, named Mrs. Eyitope Kola-Oyeneyin as Board Chairperson of the Nigerian Investment Promotion Commission (NIPC), while Mr. Muhammad Hadi Mutallab was appointed Board Chairperson of the Nigerian Export Processing Zones Authority (NEPZA).

According to the ministry, the appointments are non-political and reflect the administration’s commitment to placing competent and experienced professionals in strategic institutions responsible for investment promotion, industrialisation and non-oil export development.

The ministry said the newly constituted boards will provide strategic direction, strengthen institutional oversight, enhance accountability and support the effective delivery of the statutory mandates of both agencies.

The Federal Government noted that the appointments align with President Tinubu’s Renewed Hope Agenda by reinforcing efforts to attract greater investment, improve institutional performance, expand export processing zones and accelerate inclusive economic growth.

Mrs. Kola-Oyeneyin is an experienced transformation executive with over two decades of global experience in strategy, financial services and technology, while Mr. Mutallab is an entrepreneur and business executive with interests spanning maritime, oil and gas, logistics, real estate and agricultural technology.