President Muhammadu Buhari on Tuesday approved the appointment of Hajiya Saratu A. Umar as Executive Secretary/Chief Executive Officer of Nigerian Investment Promotion Commission (NIPC).
Naija News reports that this was made known in a statement by Buhari’s media aide, Garba Shehu.
Saratu Umar’s appointment is for another term of five years.
Umar, who was first appointed to the position in July, 2014, holds a Bachelor of Science degree in Economics from the Ahmadu Bello University and an MBA in Finance and Banking.
The statement reads partly: “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.
“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.“