President Bola Tinubu has initiated a strategic move to revamp crucial federal agencies, prioritizing the protection of consumer rights and strengthening key growth-enabling institutions for enhanced contributions to the nation’s economy. In line with this agenda, two chief executives have been dismissed from their positions:

1. **Mr. Babatunde Irukera** — Former EVC/CEO of the Federal Competition and Consumer Protection Commission (FCCPC).
 
2. **Mr. Alexander Ayoola Okoh** — Former Director-General/CEO of the Bureau of Public Enterprises (BPE).

Both ousted executives have been directed to hand over their responsibilities to the next most senior officer within their respective agencies, pending the appointment of new chief executives. The President’s directive ensures the immediate implementation of these changes.

Chief Ajuri Ngelale, the Special Adviser to the President for Media & Publicity, issued the statement on January 8, 2024, announcing the swift removal of the CEOs. The President’s decision underscores a commitment to a thorough restructuring that aligns with the government’s vision for these agencies.

President Tinubu’s focus on consumer protection and economic growth reflects a proactive approach to governance. The removal of the chief executives is expected to pave the way for new leadership that will drive the agencies towards achieving these objectives.

This decisive action signals the administration’s determination to bring about positive transformations in critical sectors, reinforcing its commitment to effective and result-oriented governance. As the agencies undergo changes in leadership, the nation anticipates the appointment of capable executives who will contribute significantly to Nigeria’s economic development and safeguard the rights of its consumers.