Tinubu constitutes Boards of NADF, BOA, UBEC

President Bola Ahmed Tinubu has announced the constitution of the Boards of the National Agricultural Development Fund (NADF), Bank of Agriculture (BOA), and Universal Basic Education Commission (UBEC).

This was made known by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement on Friday.

Onanuga revealed that Senator Umaru Tanko Al-Makura, appointed in July, continues to serve as chair of the UBEC Board.

Uchendu Ikechi Mbaegbulem has been appointed to represent the South East, while Gift Ngo represents the South South.

Ibiwunmi Akinnola will represent the South West on the board; Dr. Meiro Mandara, North East; Dr. Abdu Imam Saulawa, North West; and Prof. Paul Ibukun-Olu Bolorunduro, North Central.

The chairman and members of the board shall hold office for a term of four years in the first instance.

President Tinubu confirmed the appointments of Muhammad Babangida as Chairman and Ayo Sotinrin as Managing Director of BOA, as previously announced.

The President also appointed three Executive Directors and five non-executive directors to the bank, representing Nigeria’s six geopolitical zones.

The Executive Directors are Fatima Garba, from Sokoto State, as Executive Director, Corporate Services; Ka’amuna Ibrahim Khadi, Borno State, Executive Director, Risk Management and Strategy; and Hakeem Oluwatosin Salami, from Kwara State, as Executive Director, Operations.

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The Non-Executive Directors appointed to the bank’s board include Aminu Malami Mohammed (North East), Charles Amuchienwa (South East), Oladejo Odunuga (South West), Rabiu Idris Funtua (North West), and Kochi Donald Iorgyer (North Central).

In the same vein, President Tinubu in October 2023 appointed Muhammad Abu Ibrahim as the Executive Secretary and CEO of the National Agricultural Development Fund (NADF) to lead the young agency, conceived by farmers and agripreneurs, to boost access to affordable capital.

In accordance 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, is the board Chairman.

Maccido has over 30 years of experience in the financial services industry.

He represents the North West.

Other members include a prominent financial consultant and seasoned banker, Dr. Nelson Henry Essien, representing Akwa Ibom State and the South South, and Amina Ahmed Habib, representing Jigawa State and the North West.

Habib is a fellow of the Institute of Chartered Accountants.

Another member appointed by President Tinubu is Ondo State-born Akinyinka Olufela Akinnola, an engineer with diversified business interests.

Akinola represents the South West.

Hassan Tanimu Musa Usman from Borno State represents the North East on the board.

Usman is the founder of New Frontier Developments Limited and a former Non-Executive Director of Access Bank Plc.

Lufer Samson Orkar from Benue State is representing the North Central.

Felix Achibiri from Imo State represents the South East.

Achibiri is the Group Director of Genesis Energy Holdings and Chairman and CEO of DFC Holdings Limited.

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