President Bola Ahmed Tinubu has approved the appointment of Eyitope Kola-Oyeneyin as the board chairperson of the Nigerian Investment Promotion Commission (NIPC) and Muhammad Hadi Mutallab as the board chairperson of the Nigerian Export Processing Zones Authority (NEPZA).
The Federal Ministry of Industry, Trade and Investment (FMITI) announced the appointments on Monday, July 13, 2026, via the official X handle of the Presidency.
The ministry described the appointments as “non-political” and stated that they are intended to bolster institutional governance by leveraging experienced leadership to drive investment, industrialisation, and Nigeria’s non-oil export agenda.
“The Federal Ministry of Industry, Trade and Investment (FMITI) is pleased to announce that His Excellency, President Bola Ahmed Tinubu, GCFR has approved the appointment of the board of chairpersons for Nigerian Investment Promotion Commission (NIPC) and Nigerian Export Processing Zones Authority (NEPZA),” the statement read.
According to the ministry, the newly constituted boards are tasked with providing strategic direction, enhancing institutional oversight, and strengthening accountability to ensure the effective implementation of the agencies’ mandates.
Specifically, the NEPZA Governing Board will focus on advancing the authority’s role in developing and promoting Nigeria’s special economic zones and export processing infrastructure.
“The appointments underscore the Federal Government’s commitment to strengthening the governance of strategic institutions that play a critical role in driving Nigeria’s industrialisation, investment promotion, and non-oil export agenda,” FMITI noted.
The ministry further stated that it intends to collaborate closely with the new chairpersons to deepen ongoing reforms, improve performance across both institutions, attract increased investment, and accelerate economic growth in alignment with President Tinubu’s “Renewed Hope Agenda.”
