President Bola Tinubu has officially announced the establishment of the boards for three key federal agencies: the National Agricultural Development Fund (NADF), the Bank of Agriculture (BOA), and the Universal Basic Education Commission (UBEC).
A statement signed by presidential spokesman, Bayo Onanuga, on Friday confirmed the appointments.
Senator Umaru Tanko Al-Makura, who was previously appointed in July, continued to serve as chairman of the UBEC Board.
New appointments to the board, representing various zones, include:
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Uchendu Ikechi Mbaegbulem (South-East)
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Gift Ngo (South-South)
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Mrs Ibiwunmi Akinnola (South West)
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Dr Meiro Mandara (North East)
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Dr Abdu Imam Saulawa (North West)
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Professor Paul Ibukun-Olu Bolorunduro (North Central)
Onanuga noted that the chairman and members of the board shall hold office for a term of four years in the first instance.
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President Tinubu confirmed the appointments of Muhammad Babangida as chairman and Ayo Sotinrin as managing director of the Bank of Agriculture (BOA), as previously announced.
Onanuga added that the President also appointed three executive directors and five non-executive directors to the bank, representing Nigeria’s six geo-political zones.
The Executive Directors are:
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Fatima Garba (Sokoto) as Executive Director, Corporate Services.
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Ka’amuna Ibrahim Khadi (Borno) as Executive Director, Risk Management and Strategy.
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Hakeem Oluwatosin Salami (Kwara) as Executive Director, Operations.
The Non-Executive Directors are:
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Aminu Malami Mohammed (North East)
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Charles Amuchienwa (South East)
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Oladejo Odunuga (South West)
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Rabiu Idris Funtua (North West)
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Kochi Donald Iorgyer (North Central)
Muhammad Abu Ibrahim was appointed in October 2023 as the Executive Secretary and CEO of NADF to lead the new agency, which was conceived by farmers and agripreneurs, to boost access to affordable capital.
In line with the Fund’s statute, President Tinubu has now constituted the board members, who will be pivotal to the agency’s work.
Mallam Bello Maccido, the pioneer chairman of FBNQuest Merchant Bank Limited with over 30 years of experience in the financial services industry, is the board chairman, representing the North West.
Other members appointed include:
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Dr Nelson Henry Essien (Akwa Ibom/South-South), a “prominent financial consultant and seasoned banker.”
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Amina Ahmed Habib (Jigawa/North-West), a “fellow of the Institute of Chartered Accountants.”
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Akinyinka Olufela Akinnola (Ondo State/South-West), “an engineer with diversified business interests.”
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Hassan Tanimu Musa Usman (Borno/North East), the founder of New Frontier Developments Ltd and a former non-executive director of Access Bank.
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Lufer Samson Orkar (Benue/North-Central).
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Felix Achibiri (Imo State/South-East), who is the Group Director of Genesis Energy Holdings and the chairman and CEO of DFC Holdings Limited.
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