News
President Tinubu Appoints Ayo Sotinrin as Managing Director of the Bank of Agriculture
President Bola Ahmed Tinubu has appointed Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture, effective immediately.
Mr. Sotinrin brings a diverse and extensive background in the private and public sectors to his new role.
Before his appointment, he held the position of Group Chief Executive Officer at SAO Group. His leadership at SAO Agro, an agribusiness company, was marked by groundbreaking agricultural initiatives, including developing a 20,000-hectare oil palm plantation and large-scale poultry, aquaculture, maize, and cassava operations in Ondo State.
He also led SAO Capital, raising over $750 million in infrastructure and development finance, including the landmark $200 million Akure Water Supply Project.
In the public sector, he served as Special Adviser (Environment & Urban Development) to the Minister of State FCT from 2011 to 2015.
He has consulted extensively for global development partners such as the World Bank, AfDB, DFID, and USAID and played key advisory roles on federal and state-level projects. His international background includes roles at the Royal Bank of Scotland International, Deutsche Bank, and the UK Environment Agency.
Mr. Sotinrin holds an Executive MBA from Said Business School, Oxford University; an Advanced Diploma in Environmental Conservation; and a Master’s in Engineering Business Management from Warwick University.
Mr Sotinrin’s appointment aligns with the Tinubu administration’s strategy to revitalise Nigeria’s agricultural sector.
“Mr Sotinrin’s proven ability to mobilise capital, innovate in agribusiness, and collaborate across sectors will be instrumental in repositioning the Bank of Agriculture as a catalyst for food security, sovereignty and rural prosperity”, President Tinubu emphasised.
News
Tinubu designates Rabiu Umar new CEO of NMDPRA
Umar is a seasoned executive with over 25 years of experience across the energy, manufacturing, and infrastructure sectors, and a proven track record in strategic leadership, operational transformation, and large-scale project delivery..
President Bola Ahmed Tinubu has approved the removal of Mr Saidu Mohammed as the Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
In a State House statement issued on Wednesday signed by Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President also approved the nomination of Rabiu Abdullahi Umar as the new Chief Executive of the NMDPRA, with the appointment subject to Senate confirmation.
The decision, according to the statement, was made pursuant to the Petroleum Industry Act 2021 and is aimed at strengthening regulatory effectiveness in the midstream and downstream petroleum sector in line with the Renewed Hope Agenda.
Umar is a seasoned executive with over 25 years of experience across the energy, manufacturing, and infrastructure sectors, and a proven track record in strategic leadership, operational transformation, and large-scale project delivery.
He is a graduate of Accounting from Bayero University and an alumnus of Harvard Business School.
News
Tinubu moves Bianca Ojukwu to foreign minister
Odumegwu-Ojukwu replaces Yusuf Tuggar who recently resigned to pursue the Bauchi governorship election in 2027.
•Odumegwu-Ojukwu
President Bola Tinubu has named Bianca Odumegwu-Ojukwu as the new Minister of Foreign Affairs.
Odumegwu-Ojukwu replaces Yusuf Tuggar who recently resigned to pursue the Bauchi governorship election in 2027.
Sola Enikanolaiye has been appointed as the new minister of state in the foreign ministry.
News
FG declares May 1 public holiday to mark Workers’ Day
The minister emphasised that the dedication of Nigerian workers remains vital to the country’s growth and economic progress, urging them to sustain values of patriotism, productivity and diligence.
Friday, May 1, has been declared a public holiday to commemorate this year’s International Workers’ Day.
The Minister of Interior, Olubunmi Tunji-Ojo, made the announcement on behalf of the federal government in a statement signed by the Permanent Secretary of the ministry, Magdalene Ajani
The minister congratulates workers nationwide, commending their commitments and contributions to national development.
The minister emphasised that the dedication of Nigerian workers remains vital to the country’s growth and economic progress, urging them to sustain values of patriotism, productivity and diligence.
Tunji-Ojo also reaffirmed the government’s commitment to improving workers’ welfare, enhancing security and creating an enabling environment for economic expansion.
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