..as Tinubu withdraws FERMA chairmanship nominee

STATE HOUSE PRESS RELEASE

PRESIDENT TINUBU APPOINTS NEW BANK OF INDUSTRY CHIEF EXECUTIVE OFFICER

President Bola Tinubu has approved the appointment of Dr. Olasupo Olusi to serve as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four (4) years in the first instance.

The President’s approval of Dr. Olusi’s appointment follows the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.

Dr. Olasupo Olusi has served as a World Bank economist and development finance expert over the past 20 years. Between 2011 and 2015, Dr. Olusi served as the economic adviser to the Coordinating Minister of the Economy and Minister of Finance. He is an alumnus of Hull University, United Kingdom. He also obtained a master’s degree in International Money, Finance, and Investment, as well as a Doctorate in Finance and Economics from Durham University, United Kingdom, in 2005.

The President tasks the new BOI Chief Executive to ensure that Nigerians, who are operating all sizes of enterprises across sectors, are given fair and equitable access to much-needed support to bolster employment generation and wealth creation amongst income groups in the country with special regard for lower and middle-income enterprise operators.

President Bola Tinubu has approved the appointment of eight (8) new Chief Executive Officers for Parastatals and Agencies under the Federal Ministry of Information and National Orientation:

(1) National Orientation Agency (NOA) — Director-General / CEO — Mr. Lanre Issa-Onilu

(2) Nigerian Television Authority (NTA) — Director-General / CEO — Mr. Salihu Abdulhamid Dembos

(3) Federal Radio Corporation of Nigeria (FRCN) — Director-General / CEO — Dr. Muhammed Bulama

(4) National Broadcasting Commission (NBC) — Director-General / CEO — Mr. Charles Ebuebu

(5) Voice of Nigeria (VON) — Director-General / CEO — Mr. Jibrin Baba Ndace

(6) Advertising Regulatory Council of Nigeria (ARCON) — Director-General / CEO — Dr. Lekan Fadolapo

(7) News Agency of Nigeria (NAN) — Managing Director / CEO — Mr. Ali Muhammed Ali

(8) Nigerian Press Council (NPC) — Executive Secretary / CEO — Mr. Dili Ezughah

The President tasks the newly entrusted leadership in these important sub-sectors to innovate and create new opportunities for Nigerians to leverage upon through the effective reform of these key institutions of government which function to unify our people, reshape mindsets, and showcase this great nation to the rest of the world.

By these directives of the President, the above listed appointments take immediate effect.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

October 19, 2023

PRESIDENT TINUBU DIRECTS WITHDRAWAL OF FERMA CHAIRMANSHIP NOMINATION

President Bola Tinubu has directed the withdrawal of the nomination of Engr. Imam Kashim Imam to serve as the Chairman of the Board of Directors of the Federal Roads Maintenance Agency (FERMA).

The President’s withdrawal of the above-mentioned nomination is directed with immediate effect.

All other appointments to the Board and Executive Management team of FERMA are not affected by this directive.

Chief Ajuri Ngelale

Special Adviser to the President

(Media & Publicity)

October 19, 2023