BREAKING: IBB’s Son Declines Tinubu’s Appointment as Bank of Agriculture Chairman

Mohammed Babangida, son of former military President Ibrahim Babangida, has formally declined his appointment as Chairman of the Bank of Agriculture (BoA), citing “personal and professional considerations.”

In a letter shared by Dele Momodu on Monday, Muhammed said he rejected the appointment. The letter dated July 21, 2025, addressed to President Bola Tinubu, Babangida expressed gratitude for the nomination, describing it as “a true privilege to be thought worthy of such a strategic role in advancing the nation’s agricultural and economic development.”

However, he stated that after “careful reflection and consultation,” he had decided to step aside from the appointment.

“This decision was not made lightly,” Babangida wrote. “It stems from a convergence of personal and professional considerations which, at this time, would not allow me to serve with the level of focus and commitment the position rightly demands.”

Despite declining the post, Babangida reaffirmed his support for the Tinubu administration’s vision and stated his willingness to contribute to national development in other capacities.

“I remain fully committed to the vision of a prosperous and self-sufficient Nigeria under your leadership,” he said. “I continue to hold your administration in the highest regard and stand ready to support national development in other ways where my expertise may be of service.”

He ended the letter by thanking the president once again for the trust placed in him.

The decision comes at a time when the federal government is placing renewed emphasis on agricultural transformation as part of its broader economic diversification strategy. The Bank of Agriculture is a critical institution tasked with empowering agribusinesses, improving rural livelihoods, and ensuring food security across Nigeria.

Mohammed Babangida’s withdrawal from the role leaves a key leadership position at the BoA open as the Tinubu administration intensifies efforts to drive investment into agriculture and improve the sector’s resilience.

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