FULL LIST: Tinubu Constitutes New Boards For Nigerian Agencies
President Bola Tinubu has approved the constitution of the boards of three key federal institutions — the National Agricultural Development Fund (NADF), the Bank of Agriculture (BOA), and the Universal Basic Education Commission (UBEC).
The announcement was signed by Bayo Onanuga, Special Adviser to the President (Information and Strategy), on Friday.
According to a State House statement, “President Bola Tinubu has announced the constitution of the boards of the National Agricultural Development Fund (NADF), the Bank of Agriculture (BOA), and the Universal Basic Education Commission (UBEC).”
For UBEC, the Presidency noted that the July appointment of Senator Umaru Tanko Al-Makura remains unchanged.
“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.”
The statement also outlined the zonal representation on the board: “Mrs Ibiwunmi Akinnola will represent the South West on the board, Dr Meiro Mandara the North East, Dr Abdu Imam Saulawa the North West, and Professor Paul Ibukun-Olu Bolorunduro the North Central. The chairman and members of the board shall hold office for a term of four years in the first instance.”
On the Bank of Agriculture, the Presidency reaffirmed earlier appointments. “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.”
Additional appointments were detailed: “The President also appointed three executive directors and five non-executive directors to the bank, representing Nigeria’s six geo-political zones.”
The executive director positions were listed as follows: “The executive directors are Fatima Garba, from Sokoto, as executive director, Corporate Services; Ka’amuna Ibrahim Khadi, from Borno, as executive director, Risk Management and Strategy; and Hakeem Oluwatosin Salami, from Kwara, as executive director, Operations.”
The statement also identified the non-executive directors: “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).”
On the NADF, the Presidency recalled an earlier leadership appointment. “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.”
It added that the full board has now been established.
“In accordance with the Fund’s statute, President Tinubu has now constituted the board members who will be pivotal to the agency’s work.”
The chairmanship of the NADF goes to an experienced financial expert. “Mallam Bello Maccido, the pioneer chairman of FBNQuest Merchant Bank Limited, is the board chairman. He has over 30 years of experience in the financial services industry. He represents the North West.”
The statement listed other members: “Other members include a prominent financial consultant and seasoned banker, Dr Nelson Henry Essien, representing Akwa Ibom and the South-South, and Amina Ahmed Habib, representing Jigawa and the North-West. Amina is a fellow of the Institute of Chartered Accountants.”
It continued: “Another member appointed by President Tinubu is Ondo State-born, Akinyinka Olufela Akinnola, an engineer with diversified business interests. He represents the South West.”
“Hassan Tanimu Musa Usman from Borno represents the North East on the board. He is the founder of New Frontier Developments Ltd and a former non-executive director of Access Bank.”
“Lufer Samson Orkar from Benue represents North Central.”
“Felix Achibiri from Imo represents the South East. He is the Group Director of Genesis Energy Holdings and the chairman and CEO of DFC Holdings Limited.”
