Muhammed Babangida accepts appointment as Chairman of Bank of Agriculture

Muhammed Babangida, son of former Nigerian military president General Ibrahim Babangida, has officially accepted his appointment as the chairman of the Bank of Agriculture (BOA).

President Bola Tinubu announced Babangida’s appointment on July 18, 2025, as part of ongoing efforts to revitalize Nigeria’s agricultural finance sector and strengthen support for farmers and agribusinesses across the country.

In a statement released on Monday and shared by Dada Olusegun, the president’s special assistant on social media, Babangida expressed deep appreciation for the opportunity to serve.

The newly appointed chairman expressed appreciation to Tinubu for the trust reposed in him.

Babangida also dismissed reports suggesting he had rejected the appointment, describing them as false, and malicious.

He said such claim is a deliberate attempt to mislead the public and tarnish the image of the Tinubu administration.

“We wish to clarify that Muhammed gratefully accepts the appointment as Chairman of the Bank of Agriculture, as announced by the federal government, and extends his sincere appreciation to President Tinubu for the trust and confidence bestowed upon him,” the statement reads.

The statement further noted that those behind the fake reports would be identified and held accountable.

“We also want to assure the public that those spreading these falsehoods will be thoroughly investigated and brought to justice. We remain committed to transparency, accountability, and fostering unity within our nation,” it added.

The statement concluded with a call on Nigerians to verify information through credible sources.

Olusegun said Babangida’s appointment was among several strategic appointments approved by the president to strengthen leadership across key government institutions.