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President Tinubu Sacks FCCPC, BPE Chief Executives

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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President Bola Tinubu has sacked the chief executives of the Federal Competition and the Consumer Protection Commission (FCCPC) and the Bureau of Public Enterprises (BPE).

Presidential spokesman Ajuri Ngelale disclosed this in a late Monday statement, saying the dismissal of Babatunde Irukera as the FCCPC EVC/CEO and Alexander Ayoola Okoh of BPE is part of restructuring moves.

“In conformity with plans to restructure and reposition critical agencies of the Federal Government toward protecting the rights of Nigerian consumers and providing a strong basis for enhanced contributions to the nation’s economy by key growth-enabling institutions, President Bola Tinubu has dismissed the following Chief Executive Officers:

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

“The two dismissed Chief Executives are directed to hand over to the next most senior officer in their respective agencies, pending the appointment of new Chief Executive Officers. By this directive of the President, their removal from office takes immediate effect,” the statement added.

Following the move, Irukera took to his X handle to express gratitude for the opportunity to serve the country.

“Grateful for the opportunity to have served the incredibly vibrant & loyal Nigerian citizens/consumers,” he wrote late Monday.

“They deserve a better deal. I leave behind a strong institutional advocate in the FCCPC, & an outstanding team of soldiers who work there daily for the cause of fair markets.”



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