Tinubu sets up NADF, BOA, UBEC boards

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).

Senator Umaru Tanko Al-Makura, appointed in July, continues to serve as chairman 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 will hold office for a term of four years in the first instance.

Tinubu confirmed the appointments of Muhammad Babangida as chairman and Ayo Sotinrin as managing director of BOA, as previously announced.

The president, according to a statement issued on Friday by his spokesman, Bayo Onanuga, also appointed three executive directors and five non-executive directors to the bank, representing Nigeria’s six geo-political zones.

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.

Senate queries CBN over alleged N1.44trn unremitted surplus

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).

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.

Onanuga said Tinubu, in accordance with the Fund’s statute, has now constituted the board members who will be pivotal to the agency’s work.

Bello Maccido, the pioneer chairman of FBNQuest Merchant Bank Limited, is the board chairman.

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.

Another member appointed by Tinubu is Ondo State-born, Akinyinka Olufela Akinnola. He represents the South West.

Hassan Tanimu Musa Usman from Borno represents the North-East on the board, Lufer Samson Orkar from Benue represents North-Central, while Felix Achibiri from Imo represents the South-East.

The Star