Breaking: Tinubu Gives Appointment to Sotinrin, Announces Resumption Date

Breaking: Tinubu Gives Appointment to Sotinrin, Announces Resumption Date

  • President Bola Tinubu has appointed Ayo Sotinrin as the managing director of the Bank of Agriculture
  • Bayo Onanuga, President Tinubu's spokesperson, in a statement on Friday, April 4, noted that the appointment of Sotinrin was with immediate effect
  • According to the presidency, Sotinrin has wider and extensive experience in the private and public sectors in the agricultural field

President Bola Tinubu has announced the appointment of Ayo Sotinrin as the new managing director of the Bank of Agriculture. According to the presidency, the appointment of Sotinrin was with immediate effect.

The presidency further explained that the new appointee was coming with an extensive and diverse background because of his experience that cut across private and public sectors in the new role.

President Bola Tinubu has appointed Ayo Sotinrin as the MD of Bank of Agriculture.
Bola Tinubu appoints Ayo Sotinrin as the MD of the Bank of Agriculture Photo Credit: @aonanuga1956
Source: Twitter

When did Tinubu appoint Sotinrin?

In a statement on Friday, April 4, signed by Bayo Onanuga, President Tinubu's special adviser on information and strategy, Sotinrin had held the position of the group executive officer at SAO Group.

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He explained that his leadership in the group led to the execution of groundbreaking agricultural initiatives, which included the development of a 20,000-hectare oil palm plantation and a large-scale poultry. The company also built aquaculture, maize, and cassava operations in Ondo state.

Sotinrin was said to have led SAO Capital in raising over $750 million in development finance and infrastructure. The success included the landmark $200 million Akure Water Supply Project.

Tinubu gives appointment to former FCT special adviser

The presidency further explained that Sotinrin also served as the special adviser on environment and urban development as the minister of state for the Federal Capital Territory (FCT) from 2011 to 2015.

He was said to have consulted extensively for global development agencies and partners, including the World Bank, USAID, DFID and AfDB. He also played advisory roles on federal and state-level projects. His international experience included the Royal Bank of Scotland International, the UK Environmental Agency and Deutsche Bank.

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Speaking on his academic background, the presidency disclosed that 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.

Onanuga further added that Sotinrin's appointment was in line with Tinubu's administration's plan to revive Nigeria's agricultural sector. The appointment was announced a day after Tinubu traveled out of the country to France. The presidency had said that Tinubu traveled to France on a two-week working leave.

See the full statement here:

Tinubu appointee dumped presidential appointment

Legit.ng earlier reported that President Bola Tinubu's special adviser on political matters in the office of Vice President Kashim Shettima, Hakeem Baba-Ahmed has tendered his resignation letter from the government.

According to credible sources from the presidency, the presidential appointee had resigned two weeks ago.

While Baba-Ahmed said the reason for his resignation was a personal matter, it was not yet clear if President Tinubu had approved the resignation.

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Source: Legit.ng

Authors:
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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished writer with 7 years of experience in journalism and writing, he is also politics and current affairs editor with Legit.ng. He holds B.A in Literature from OAU, and Diploma in Mass Comm. He has obtained certificates in Google's Advance Digital Reporting, News Lab workshop. He previously worked as an Editor with OperaNews. Legit’s Best Editor of the Year for Politics and Current Affairs Desk (2023). Contact: bada.yusuf.amoo@corp.legit.ng