Nigeria’s President, Bola Ahmed Tinubu, has removed Mr. Alexander Ayoola Okoh, Director General of the Bureau of Public Enterprises (BPE), and Mr. Babatunde Irukera, Chief Executive Officer of the Federal Competition and Consumer Protection Commission (FCCPC), from their positions.
The announcement of the dismissal of the Chief Executive Officers came on Monday through a statement signed by Ajuri Ngelale, the Special Adviser to the President on Media and Publicity.
President Tinubu stated that the decision to relieve the Chief Executives of their duties aligns with the administration’s plans to restructure and reposition crucial Federal Government agencies. This realignment aims to safeguard the rights of Nigerian consumers and enhance the contributions of key growth-enabling institutions to the nation’s economy.
The President emphasised the immediate effect of the removals, instructing the ousted officials to hand over to the most senior officers in their respective agencies. This transitional arrangement will remain in place until the appointment of new Chief Executive Officers.
It’s noteworthy that Mr. Alexander Ayoola Okoh’s appointment as Director-General of the Bureau of Public Enterprises was renewed by former President Buhari on April 10, 2021, for a second 5-year term. The BPE plays a pivotal role in economic reforms, particularly in the privatisation and commercialisation of government-owned enterprises, and serves as the secretariat of the National Council on Privatisation.
On the other hand, the now-dismissed Chief Executive Officer of the Federal Competition and Consumer Protection Commission was assigned to oversee the transition of the commission on January 30, 2019.