March 22, 2023

Buhari appoints Saratu Umar as NIPC boss

President Muhammadu Buhari on Tuesday approved the appointment of Hajiya Saratu A. Umar as Executive Secretary/Chief Executive Officer of the Nigerian Investment Promotion Commission (NIPC) for a fresh term of five years.

Saratu Umar was first appointed to the position in July 2014.

She holds a Bachelor of Science degree in Economics from Ahmadu Bello University and an MBA in Finance and Banking. She is trained locally and internationally in all core aspects of her career, as well as in leadership, strategy, general management, risk management and corporate governance.

This was disclosed in a statement by Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, on Tuesday.

Saratu Umar is a technocrat, reformer, strategist, economist, investment promotion expert, export development specialist, with experience in banking and finance, investment and consulting segments of the public and private sectors of Nigeria.

In the short period of her service as Executive Secretary, she transformed the NIPC into a world-class investment agency and minimized revenue leakages, saving the country N500 billion, for which she received a commendation from the Revenue Mobilization Allocation and Fiscal Commission, RMFC.

The appointment is with immediate effect.

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