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FG to restructure Bank of Agriculture

By Udesinanna Stephen

Through the National Council on Privatization (NCP), the Federal Government has set up a committee to engage in the restructuring and resuscitation of the Bank of Agriculture (BOA).

The Vice President Kashim Shettima made this known recently in a meeting of the reconstituted NCP at the Presidential Villa, Abuja.

He said, “We have to make some far reaching decisions on the restructuring of the Bank of Agriculture because the bank will be critical to the realization of the Renewed Hope Agenda of the Tinubu administration. It is very important for us and for this administration,” he noted.

Also, Shettima announced that the Finance Minister, Mr Wale Edun will Chair the ad hoc committee, while members include, Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Atiku Bagudu; CBN Governor, Dr Yemi Cardoso; Rep of the Ministry Of Finance Incorporated (MOFI); Chairmen of the NCP Technical and Legal Committees; a member of the NCP, Alhaji Mohammed Mustapha Bintube, and the DG BPE will serve as Secretary.

He advised the committee to develop the blueprint for the restructuring of the bank; he also added, “We will be meeting more frequently because we have to support the President to execute the Renewed Hope Agenda,”

As gathered from Shettima X handle @officialSKSM dignitaries at the meeting were the Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun; Minister of Agriculture and Food Security, Sen. Abubakar Kyari; Minister of Budget and Economic Planning, Sen. Abubakar Bagudu; Minister of Steel Development, Shuaibu Audu; Minister of Transportation, Sen. Sa’idu Alkali; CBN Governor, Dr Yemi Cardoso, and Chairman of the reconstituted Technical Committee, Mr Oye Odukale, among other Council members.

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