President Muhammadu Buhari has approved the appointment of the Board members of the Nigeria Sovereign Investment Authority (NSIA).
In a statement by Special Adviser to Finance minister Minister on Media said Communications, Yunusa Tanko Abdullahi, the appointment was necessitated by vacancies created.
The approval is for the following vacancies created in the NSIA Board.
The new appointees: Farouk Mohammed Gumel (North West) as Non-Executive Chairman; Sir Babatunde E. Sobamowo (South West), Non-Executive Director; Isiekwena Ikemefuna Louis (South South) as Non-Executive Director; Ali Goni Kadugum (North East), Non-Executive Director; Oniyangi Kabir Sulaiman (North Central), Non-Executive Director; and Ike Chioke (South East), Non-Executive.
The approval was consequent upon the expiration of the tenure of the Board members of the NSIA and the subsequent constitution of the Executive Nomination Committee for the nomination of the Board members.
According to the statement, “it is also in the light of the fact that the tenure of the non-Executive chairman and other Board members which commenced after the inauguration of the Board, for a 4-year term on the 12th of May, 2017 has lapsed on 11th of May, 2021.”
Stay ahead with the latest updates! Join The ConclaveNG on WhatsApp and Telegram for real-time news alerts, breaking stories, and exclusive content delivered straight to your phone. Don’t miss a headline — subscribe now!
