
President Bola Ahmed Tinubu has appointed Ayo Sotinrin as the new Managing Director of the Bank of Agriculture (BOA), signaling a renewed focus on revitalizing Nigeria’s agricultural sector. With a strong background in agribusiness, finance, and public service, Sotinrin is expected to play a key role in driving food security and rural prosperity.
Here are 7 key things the government wants you to know about him:
- Presidential Appointment: Ayo Sotinrin has been named Managing Director of the Bank of Agriculture by President Tinubu.
- Agribusiness Leader: He led SAO Group in major farming projects, including oil palm, poultry, and aquaculture in Ondo State.
- Finance Track Record: Sotinrin secured over $750 million in funding, including $200 million for the Akure Water Project.
- Global and Public Sector Experience: He has worked with the World Bank, USAID and served in Nigeria’s FCT ministry.
- Academic Excellence: He holds degrees from Oxford and Warwick universities in business and environmental conservation.
- Strategic Mandate: The government expects him to help transform agriculture, boost food security, and support rural development.
- New Era for BOA: His appointment aims to reposition the Bank of Agriculture as a key player in Nigeria’s economy.