Oye, who is also the Chairman of the Organised Private Sector in Nigeria (OPSN), said the current structure has fostered a two-man leadership dynamic, typically between the Minister and the Head of MDA, leading to decisions being made in isolation, often devoid of critical input from the private sector and civil society.
According to a statement, Oye spoke in Benin City, during the Nigerian Investment Promotion Commission (NIPC) Summit.
He said, “The governments at both national and state levels, must take immediate action to appoint Ambassadors and inaugurate Boards for various parastatals in accordance with their enabling laws, ensuring that these bodies convene regularly to enhance effective governance.