Tue. Nov 26th, 2024

By Modupe Gbadeyanka

The appointment of Ms Saratu Umar as the Executive Secretary/Chief Executive Officer of the Nigeria Investment Promotion Commission (NIPC) has been terminated.

A statement issued on Thursday by Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, disclosed that Ms Umar’s appointment was abruptly ended by President Muhammadu Buhari.

According to him, Mr Buhari ordered the Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, to remove the NIPC boss from office “with effect.”

However, no reason was given for this action but in order not to create a vacuum, Mr Adebayo has been directed to allow the most senior Director in the agency to immediately take over in the interim.

“President Muhammadu Buhari has terminated the appointment of Hajiya Saratu Umar as the Executive Secretary/Chief Executive Officer of the Nigeria Investment Promotion Commission (NIPC), with immediate effect.

“In a directive to the Honourable Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo CON, the President also mandated the most senior Director in the Commission to immediately take over in the interim,” the terse statement from Mr Adesina read.

By Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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