馃嚦馃嚞NigeriaWest Africa
Federal Government inaugurates new Bank of Agriculture board
via Punch Nigeria2 min read
The Federal Government has inaugurated a new 10-member Board of Directors for the Bank of Agriculture, aiming to reinforce corporate governance and provide renewed strategic leadership. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, conducted the inauguration in Abuja, tasking the board to diligently advance the bank's mandate. The new board is expected to strengthen the bank's role in driving agricultural development, food security, financial inclusion, and sustainable economic growth. The Minister urged the board to provide leadership that supports projects creating jobs, reducing poverty, and improving the socio-economic well-being of Nigerian families. Muhammad Babangida, Chairman of the Board, affirmed the board's commitment to repositioning the bank as a leading development finance institution supporting the Federal Government's priorities. Ayodeji Sotinrin, the Managing Director and Chief Executive Officer, stated the bank's commitment to translating the board's vision through stronger governance, improved access to agricultural finance, and strategic partnerships. He added that the bank would intensify efforts to expand access to affordable agricultural credit, strengthen institutional governance and risk management, and accelerate digital transformation. The board members include Muhammad Babangida Chairman, Ayodeji Sotinrin Managing Director/Chief Executive Officer, Fatima Garba Executive Director, Corporate Services, Hakeem Salami Executive
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This summary was AI-generated from a story originally published by Punch Nigeria.
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