Tinubu appoints Babangida’s Son, Muhammad as Chairman of Bank of Agriculture

President Bola Ahmed Tinubu has appointed Muhammad Babangida, son of former military President Ibrahim Babangida, as the new Chairman of the Bank of Agriculture (BoA).

The announcement was made in a statement issued on Thursday, July 18, 2025, by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

According to the statement, the appointment is part of President Tinubu’s broader effort to reposition critical government institutions for improved efficiency and greater economic impact.

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Muhammad Babangida, 53, is a graduate of the European University in Montreux, Switzerland, where he earned a Bachelor’s degree in Business Administration and a Master’s degree in Public Relations and Business Communication. He also completed an Executive Programme on Corporate Governance at Harvard Business School in 2002.

His new role at the revamped Bank of Agriculture is expected to help drive the administration’s agricultural finance reform and food security agenda.

Alongside Muhammad Babangida, seven other individuals were named as new chairpersons or heads of key national institutions.

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