Nigerian President Muhammadu Buhari has authorized the appointment of Dr. Ezra Yakusak as Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC).
Yakusak will be taking over from Segun Awolowo, who was re-appointed the Chief Executive Officer of NEPC in February 2018.
According to the News Agency of Nigeria, the President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, made the revelation in a statement on Tuesday in Abuja.
NEPC (Establishment) Act, 1987 stipulates that the appointment shall be for four years, with effect from November 27, 2021, according to Shehu, as per the News Agency of Nigeria.
The presidential media aide’s statement also says,
“Until his appointment, Yakusak, who holds a Ph.D. in commercial law from Ahmadu Bello University, was the Director, Policy and Strategy, NEPC. He has also served as Secretary to the Governing Board of the Council.“
Remember that Segun Awolowo was first appointed CEO of the NEPC by the administration of former President Goodluck Jonathan in November 2013 and later announced his reappointment in February 2018.
NEC Decree No. 26 of 1976, now an act conforming to Nigeria’s democratic governance, created the Nigerian Export Promotion Council (NEPC).
The Nigerian Export Promotion Decree No. 41 of 1988 and the Export (Incentives and Miscellaneous Provisions) Decree No. 18 of 1986 both revised and supplemented this Act.
Nigerian Export Promotion Council Amendment Decree No. 64 and 65 of 1992 was also passed to improve the Council’s operations.
Nigeria has to diversify its economy away from oil, and the Council is the federal government agency in charge of doing just that.