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Kyari Charges BOA to Explore Blended Finance, Guarantees to Boost Agric Lending

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By Raphael Atuu, Abuja

The Minister of Agriculture and Food Security, Sen. Abubakar Kyari, said the Federal Government is repositioning the Bank of Agriculture to deliver more affordable finance to smallholder farmers, women, youth and agribusinesses in order to boost food production, create jobs and strengthen food security.

Speaking during a one-day retreat for the newly inaugurated Governing Board of the Bank of Agriculture in Abuja recently,  Sen.

Kyari charged the Board to explore innovative financing mechanisms such as blended finance arrangements, guarantees and credit enhancement schemes to de-risk agricultural lending and expand access.

According to him, “The Bank has a critical responsibility to provide appropriate, affordable and accessible financial services to those who are often underserved by conventional financial institutions.”

The Minister noted that the success of the Bank will contribute significantly to the Federal Government’s efforts to achieve food security, reduce poverty, promote agro-industrial development and strengthen the resilience of agricultural value chains under the Renewed Hope Agenda.

He added that financing must be timely and responsive to the seasonal nature of agriculture to ensure it reaches the rural farmer, women in processing, youth in agribusiness and cooperatives seeking to expand.

Kyari urged the board to build strategic partnerships with state governments, development partners, financial institutions, the private sector, and cooperatives to mobilize more resources and expand the bank’s reach. He stressed that the mandate was enormous and required broad collaboration.

He further tasked the Board to develop a practical, measurable, and time-bound Strategic Roadmap for Repositioning the Bank, aligned with the Federal Government’s priorities on agriculture and food security.

The Minister stressed that effective governance, transparency and accountability must remain at the heart of the Board’s stewardship, with zero tolerance for practices that undermine the Bank’s credibility.

“Nigeria has enormous agricultural potential. What is required is a financial institution that is sufficiently strong, innovative, accountable and responsive to unlock that potential at scale,” he emphasized.

While congratulating the Chairman and members of the Board on their inauguration on 3rd July, 2026, Sen. Kyari expressed confidence that working with the Management of the Bank, the Ministry, State Governments and other stakeholders, the Board can reposition BOA as a more impactful institution.

In his remarks, the Minister of State for Agriculture and Food Security, Sen. Dr. Aliyu Sabi Abdullahi, urged the Board to focus on repositioning agriculture from subsistence production to a commercially viable, technology-driven and investment-oriented sector.

He revealed that the success of the Bank will impact the ability of farmers to produce, businesses to invest, create jobs for youth, and improve the affordability and availability of food for Nigerians.

Sen Abdullahi charged the Board to be bold in thinking, disciplined in execution, and to serve with integrity and diligence, stressing that the central question before them is how the Bank of Agriculture can be repositioned to deliver greater and more sustainable impact to Nigerian farmers, agribusinesses and the Nigerian economy.

He further assured the Board of the Ministry’s continued guidance and stressed the need for leadership and professionalism to deliver measurable results in line with President Bola Tinubu, sustained commitment to the agricultural sector.

The Permanent Secretary, Federal Ministry of Agriculture and Food Security, Dr. Marcus Olaniyi. Ogunbiyi stated that ‘’ It is essential that the Bank continues to strengthen its corporate governance mechanisms and ensure strict compliance with all relevant laws, regulations, financial management requirements and established best practices’’

Dr. Ogunbiyi added that ‘’Robust internal controls, prudent financial management, effective risk management, transparency in procurement and lending processes, and appropriate accountability mechanisms are indispensable to the credibility, sustainability and effectiveness of the Bank’’.

He tasked the Board to ensure that the Bank’s resources are deployed efficiently and responsibly to achieve measurable development outcomes. Every intervention should be guided by clear objectives, proper due diligence, transparency and mechanisms for monitoring and evaluating impact.

During his remarks, the Chairman, BOA Board, Alhaji Mohammed Babangida said that the retreat comes at an important time as we prepare to assume the full responsibilities entrusted to us as members of the Board.

He revealed that their appointment provides an opportunity to deepen our understanding of the Bank, its mandate, operations, and strategic direction

Alhaji Babangida pledged that ‘’we must provide sound strategic oversight, ensure strong corporate governance, hold Management accountable for performance, and help position the Bank to deliver effectively on its mandate’’.

In attendance were BOA’s Board Members, Development partners and Ministry’s officials among others.

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Akume Hails Tinubu’s Infrastructure, Education, Security Achievements

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By David Torough, Abuja

The Secretary to the Government of the Federation (SGF), Senator George Akume, has commended President Bola Tinubu for what he described as significant achievements in infrastructure, education and security less than four years into his administration.

Akume made the remarks on Monday in Abuja while receiving a delegation from the Tinubu National Frontiers (TNF), led by its National Coordinator, Hajiya Yasmin Binta Sabeh, on a courtesy visit to his office.

The SGF highlighted the administration’s projects in road infrastructure, bridges and dams, citing the Lagos-Calabar Coastal Road and the Sokoto-Badagry Road as major projects with the potential to boost economic activities and tourism.

He also pointed to developments in the Federal Capital Territory, saying the transformation of Abuja since President Tinubu assumed office on May 29, 2023, was evidence of the administration’s performance.

“President Tinubu has made significant strides in revitalizing our infrastructure,” Akume said, adding that the scale of infrastructural development in Abuja would be evident to residents and visitors familiar with the city before the current administration took office.

On education, the SGF said the administration’s reforms had expanded access to higher education through the Nigerian Education Loan Fund (NELFUND), describing the initiative as a novel intervention.

According to him, the programme has attracted interest from more than six African countries seeking to study its implementation.

Akume further said the administration was placing greater emphasis on technical and scientific education, including plans to upgrade polytechnics across the six geopolitical zones to offer degree-equivalent qualifications, alongside increased attention to skills acquisition.

On security, the SGF cited the establishment of four additional divisions in the Nigerian Army, the ongoing recruitment of 50,000 police officers and efforts to improve the welfare of military personnel as part of the administration’s response to insecurity.

Earlier, the TNF National Coordinator, Hajiya Yasmin Binta Sabeh, praised President Tinubu’s leadership and expressed the group’s readiness to support his administration.

“Since the President assumed office, we have seen remarkable achievements. It is now easy for us to sleep with our two eyes closed,” Sabeh said.

She reaffirmed the group’s unity and pledged its cooperation with the Presidential Campaign Team towards President Tinubu’s re-election bid.

The Oyo State Coordinator of TNF, Braimoh Adebayo, also said the group contributed to the All Progressives Congress’ victory in the 2023 presidential election.

Describing Tinubu as a progressive leader, Adebayo pledged the group’s full commitment to his re-election as president.

The visit culminated in the decoration of Senator Akume as the National Patron of the Tinubu National Frontiers Support Group.

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Enugu Civil Service Commission Gets New Chairman

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From Sylvia Udegbunam, Enugu

Enugu State Governor Peter Mbah has appointed the former Permanent Secretary, State Ministry of Information, Chris Mbah as the Chairman of the State Civil Service Commission.

Mbah who was serving as commissioner two in the Commission was appointed following the expiration of Robinson Odo’s tenure.

Receiving the handover documents from his predecessor Odo, the new chairman commended the governor for finding him worthy of the elevated position.

Appreciating his predecessor for diligent service, the former Ministry of Information Perm.

Secretary pledged to leave behind a technologically driven civil service system anchored on the tomorrow is the mantra of the governor.

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FACAN Petitions EFCC over Alleged N150m Fraud, Impersonation in Benue

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From Attah Ede, Makurdi

The Federation of Agricultural Commodity Association (FACAN), Benue State chapter, has petitioned the Economic and Financial Crimes Commission (EFCC) to immediately intervene and investigate the fraudulent activities of one Pastor Peter China and one Andrew Nambe, who are operating as chairman and secretary of Benue State Forum of Commodity Heads (BSFCH), impersonating the leadership of the All Farmers Association of Nigeria(AFAN) in the State.

The organisation warned that for the interest of the general public, EFCC must immediately act on the petition in order to rescue the vulnerable Benue farmers from this legal body and impersonators.

They alleged that Pastor Peters China has proven to be morally incapacitated by exhibiting falsehood as well as his consistent passion for greed, financial recklessness, use of unregistered Association office and disregard to constituted authority using false pretenses to operate illegalities and financial crime.

In a petition dated August 10, 2026, signed by approved Benue State Coordinator/Chairman, Federation of Agriculture Commodity Associations of Nigeria (FACAN), Vitalis Ternongu and addressed to the EFCC Makurdi Zonal Director, the commodity group urged the Commission to carry out a prompt and impartial investigation into allegations of abuse of office, financial misconduct, and possible misappropriation of public funds by Pastor Peters China and Andrew Nambe to the tune of N150 million.

FACAN stated that its petition followed a discovery that the duo initiated membership registration drive using nonexistent legal commodity organisation and hides under All Farmers Association of Nigeria (AFAN) which they were not exco to write suspension letters and doing all manner of unlawful transactions that saw huge turnout of enthusiastic Benue farmers where thousands were registered into personal accounts of both.

FACAN stated further that Pastor China and Nambe allegedly operated an unregistered Benue State Commodity Head and went further to create parallel operations with Arc. Kabiru Ibrahim who had been removed long ago from the office, suggesting any affiliation to the Arc. Kabiru Ibrahim can be described as impersonation and criminal bridge according to the constitution of AFAN/ FACAN and Nigeria

“Rather than developing Commodity Associations, both being Chairman and Secretary of Soybeans Commodity, Peters China picked his bosom friend and ally, Mr. Andrew Nambe who both served AFAN impostors and allegedly defrauded innocent farmers and creates hugs financial crimes in the state to the tone of hundred and fifty million naira (N150,000,000.00)”

“China and Nambe have violated all financial management practices in line with constitutional provisions and have insistently breached financial due process despite several warnings. AFAN, which existed since 26years ago during President Olusegun Obasanjo administration, does not allow successive exco to open new accounts or collect money from personal accounts which they have violated according to financial law of the association in line with Nigeria constitution.

“Mr. Peters China and Andrew Nambe have consistently withdrawn illegally, opened a secret AFAN Account against the rule of law where monies withdrawn are done at will.

“Andrew Nambe, Secretary once withdrew money and claimed Four Hundred Thousand (N400,000) out of what he withdrew was stolen from his car without the car being damaged and alleged it was Sankara people within AFAN/FACAN who hated him that are responsible for the theft. Meanwhile, his car that was under mortgage suddenly came back when they had access to AFAN funds”, the petitioner alleged.

Chief Tarnongu therefore appealed to the anti-draft agency to invite China and Nambe to prove the illegality through the accounts statement using BVN links on personal accounts of his phone number: i) (8031309735) as OPay or Moni point. ii.) 0134347643 Union Bank.

The State coordinator further said they account for the sale of the federal government free fertilizers to the tone of 10,000.00 having collected over 7000 bags of NPK 20:10:10 meant for FACAN/AFAN.

“They should account for details of 13 trucks (600 bags of fertilizer each) total of 7800 bags from National Agricultural Development Funds (NADF) and desist from operating any account that is used for AFAN proceeds both personal or corporate

“Also EFCC should invite any financial institution that accepts to open a new account of AFAN knowing too well that any organization that exists for such a long time can only accept a letter of introduction for changes of signatories”, the organisation concluded.

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