HomeMagazinePoliticsTinubu Grants Customs Boss Another 6-Month Tenure Extension

Tinubu Grants Customs Boss Another 6-Month Tenure Extension

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President Tinubu has granted another six-month tenure extension to the Comptroller General of Customs, Adewale Adeniyi.

This was contained in a statement issued on Friday by a presidential media aide, Bayo Onanuga.

The Eastern Updates reports that Adeniyi’s tenure was first extended by one year in 2025 and was expected to expire on August 1, 2026.

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According to Onanuga, the six-month extension, which will expire in February 2027, is to enable him to consolidate the implementation of the National Single Window and ensure an orderly succession in the service.

During the transition period, Adeniyi, working with the Nigeria Customs Service, NCS, Board, will ensure the promotion of eligible officers to the rank of Comptroller of Customs and the compulsory retirement of officers who have attained 60 years of age or have served 35 years.

Adeniyi joined the Customs Service after graduating from Obafemi Awolowo University in the late 80s.

President Bola Ahmed Tinubu has appointed renowned chartered accountant and financial management consultant Kunle Elebute as Chairman of the Governing Board of the Financial Reporting Council of Nigeria, FRCN.

The appointment, announced in a statement issued on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, is aimed at strengthening corporate governance, promoting transparency and accountability, and boosting investor confidence in Nigeria’s financial reporting system.

According to the statement, Elebute brings more than four decades of professional experience spanning Nigeria, West Africa, and the global financial sector.

He previously served as Senior Partner and Chief Executive Officer of KPMG Nigeria, Chairman of KPMG West Africa, and Chairman of KPMG Africa. He also held positions on KPMG’s regional and global boards, including membership of its Global Board Audit Committee.

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The Presidency described the new FRCN board chairman as a highly respected professional with extensive experience in audit, financial advisory services, risk consulting, corporate governance, and strategic transformation.

The statement noted that throughout his career, Elebute has provided advisory services to major institutions across the financial services, infrastructure, healthcare, consumer goods, energy, and public sectors.

He was also said to have contributed to national policy and regulatory development through his participation in several public sector committees, including initiatives focused on banking consolidation and corporate governance reforms.

 

The Eastern Updates 

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