*Withdraws nomination of Kashim Imam as FERMA chair
*Accepts resignation of Olukoyede Pitan as BOI CEO
*Names Olasupo Olusi as replacement
Deji Elumoye in Abuja
President Bola Tinubu has approved the immediate appointment of Mr. Muhammed Abu Ibrahim as Executive Secretary and Chief Executive Officer of the National Agricultural Development Fund (NADF).
The president, according to a release by his Media Adviser, Ajuri Ngelale, expected the new leadership at the Fund to successfully remove all barriers to efficient access to provisional funding in the sector for proven stakeholders nationwide, who would credibly contribute to the Renewed Hope Agenda’s mandate in the attainment of complete self-sufficiency in local food production and eventual surplus export.
Also, yesterday, President Tinubu directed the withdrawal of the nomination of Imam Kashim Imam as the Chairman of the Board of Directors of the Federal Roads Maintenance Agency (FERMA).
Another release by presidential spokesperson, said all other appointments to the Board and Executive Management team of FERMA were not affected by the president’s directive.
Imam’s nominations withdrawal might not be unconnected with public outcry over his appointment last week with critics saying the 25 year-old ex-corper was inexperienced to head a parastatal like FERMA.
Relatedly, has approved the appointment of Dr. Olasupo Olusi as the Managing Director and Chief Executive Officer of the Bank of Industry (BOI) for a term of four years in the first instance.
Ngelale, in a release, said the president’s approval of Olusi’s appointment followed the voluntary resignation of former BOI Managing Director and Chief Executive Officer, Mr. Olukayode Pitan.
President Tinubu tasked the new BOI Chief Executive to ensure that Nigerians, who were operating all sizes of enterprises across sectors, were given fair and equitable access to the much-needed support in order to bolster employment generation and wealth creation amongst income groups in the country with special regard for lower and middle income enterprise operators.
Olusi had served as a World Bank economist and development finance expert over the past 20 years.
Between 2011 and 2015, Olusi, an alumnus of Hull University, United Kingdom, served as the economic adviser to then Coordinating Minister of the Economy and Minister of Finance.
He also obtained a Master’s degree in International Money, Finance, and Investment, as well as a Doctorate in Finance & Economics from Durham University, also in the United Kingdom in 2005.
