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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > Governance > National > Tinubu Constitutes Boards of NADF, Bank of Agriculture, and UBEC
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Tinubu Constitutes Boards of NADF, Bank of Agriculture, and UBEC

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Last updated: December 5, 2025 8:39 pm
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6 months ago
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President Bola Ahmed Tinubu has approved the constitution of the governing boards of the National Agricultural Development Fund (NADF), the Bank of Agriculture (BOA), and the Universal Basic Education Commission (UBEC).


The announcement was contained in a statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy.


At the UBEC, Senator Umaru Tanko Al-Makura, earlier appointed in July, will continue to serve as chairman of the board.

Other members include Uchendu Ikechi Mbaegbulem (South East), Gift Ngo (South South), Mrs. Ibiwunmi Akinnola (South West), Dr. Meiro Mandara (North East), Dr. Abdu Imam Saulawa (North West), and Professor Paul Ibukun-Olu Bolorunduro (North Central).Each member will serve a four-year term in the first instance.


For the Bank of Agriculture (BOA), President Tinubu confirmed the appointments of Muhammad Babangida as chairman and Ayo Sotinrin as managing director.

He also approved the appointments of three executive directors and five non-executive directors representing Nigeria’s six geo-political zones.


The executive directors are:
• Fatima Garba (Sokoto) — Executive Director, Corporate Services
• Ka’amuna Ibrahim Khadi (Borno) — Executive Director, Risk Management and Strategy
• Hakeem Oluwatosin Salami (Kwara) — Executive Director, Operations


The non-executive directors 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 National Agricultural Development Fund (NADF), the President reaffirmed the appointment of Muhammad Abu Ibrahim as Executive Secretary and CEO, while constituting a new board to support the agency’s mission of expanding access to affordable agricultural finance.


Mallam Bello Maccido, pioneer chairman of FBNQuest Merchant Bank Limited and a veteran of over 30 years in financial services, will chair the NADF board, representing the North West.


Other members include:
• Dr. Nelson Henry Essien (Akwa Ibom, South South)
• Amina Ahmed Habib (Jigawa, North West)
• Engr. Akinyinka Olufela Akinnola (Ondo, South West)
• Hassan Tanimu Musa Usman (Borno, North East)
• Lufer Samson Orkar (Benue, North Central)
• Felix Achibiri (Imo, South East).


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


The new boards are expected to strengthen institutional performance, deepen accountability, and enhance national development outcomes in education, agriculture, and rural financing.

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TAGGED:AppointmentsBank of AgricultureBayo OnanugaNADFNational developmentNigeria PresidencyTinubuUBEC
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