News
‘IBB’s son Muhammed accepted Tinubu’s appointment’ – Presidency dismisses ‘rejection letter’
The Presidency has refuted claims that Muhammed Babangida, son of ex-military Head of State, Ibrahim Badamosi Babangida, IBB, rejected his recent appointment by President Bola Tinubu as Chairman of the Bank of Agriculture.
In a letter shared by Dele Momodu on Monday, Muhammed said he rejected the appointment.
However, in a post on X, a presidential media aide, Olusegun Dada said Babangida dismissed the reports of the rejection as false.
“Muhammed Babangida Accepts BOA Chairmanship. Thanks President Tinubu
“Muhammed Babangida has officially accepted his appointment as Chairman of the Bank of Agriculture (BOA), expressing deep gratitude to President Bola Ahmed Tinubu for the trust reposed in him.
“In a press statement released Monday, Babangida dismissed as false and malicious the reports circulating online suggesting he had rejected the appointment. He described such claims as a deliberate attempt to mislead the public and tarnish the image of the Tinubu administration.
“We wish to clarify that Muhammed gratefully accepts the appointment as Chairman of the Bank of Agriculture, as announced by the federal government, and extends his sincere appreciation to President Tinubu for the trust and confidence bestowed upon him,” parts of Dada’s statement read.
The Presidency assured the public that those behind the fake reports would be identified and held accountable.
“We also want to assure the public that those spreading these falsehoods will be thoroughly investigated and brought to justice. We remain committed to transparency, accountability, and fostering unity within our nation.
“The statement concluded with a call for Nigerians to remain discerning and to verify information from credible sources.
“Muhammed Babangida’s appointment was among several strategic appointments approved by President Tinubu to strengthen leadership across key government institutions,” the statement added.
Meanwhile, a letter dated July 21, 2025, Muhammed purportedly rejected the appointment.
The letter, allegedly authored by Muhammed, was shared by publisher of Ovation Magazine, Dele Momodu.
The letter said Muhammed declined the appointment due to personal and professional considerations.
The letter titled ‘Declining Appointment as Chairman, Bank of Agriculture’ reads, “I wish to express my sincere gratitude for the honour of being considered and appointed as chairman of the Bank of Agriculture. It is a true privilege to be thought worthy of such a strategic role in advancing the nation’s agricultural and economic development.
“After careful reflection and consultation, I have decided, with utmost respect, to decline the appointment. This decision was not made lightly.
“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.
“Your Excellency, I remain fully committed to the vision of a prosperous and self-sufficient Nigeria under your leadership. 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.
“Thank you once again for your confidence in me. I am deeply appreciative.”
Reacting, Momodu, who recently defected to the African Democratic Congress (ADC) from the Peoples Democratic Party (PDP), wrote on Instagram:
“Well done, Muhammed, for rejecting a Greek gift.”
Recall that Muhammed Babangida was among the fresh appointments by Tinubu barely two days ago.
Reacting, ADC slammed Tinubu for attempting to buy Northern Nigeria ahead of the 2027 general election.
The governor of Oyo state, Seyi Makinde, has approved a N10,000 transportation allowance as a palliative for the state workforce to cushion the effects of the increase in the pump price of Premium Motor Spirit, otherwise known as petrol.
The Chairman of the Nigeria Labour Congress (NLC), Oyo State chapter, Kayode Martins, in a statement released on Monday, March 23, disclosed that the governor has granted the request of the union on the issue of transportation allowance.
The statement read
“Following the intervention and formal request made by the State Council of the Nigeria Labour Congress (NLC) earlier this morning, the state government has approved a N10,000 transportation allowance for all workers in the state.
The newly approved allowance is set to take effect from April 2026, providing much-needed relief to workers grappling with rising transportation costs amid current economic challenges.
This development comes as a direct response to sustained advocacy by the state NLC, aimed at cushioning the impact of increased living expenses on the workforce.
Further details on implementation are expected to be communicated by the relevant government authorities in due course.”
News
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
Justice James Omotosho of the Federal High Court in Abuja, on Monday, March 23, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.
DailyTrust reports that in the judgment delivered, Justice Omotosho held that the Economic and Financial Crimes Commission (EFCC) had been able to prove the nine-count money laundering charge beyond reasonable doubt.
According to the judge, the defendant is hereby convicted as charged.
Justice Omotosho convicted Nwabuoku in all the nine counts and sentenced him to eight years imprisonment in each of the counts, making 72 years.
The judge, however, ordered that the counts shall run concurrently.
Justice Omotosho, who described Nwabuoku’s act of diverting funds meant for security and defence while he served as Director of Finance and Account in the Ministry of Defence as “appalling,” commended the EFCC for being detailed in its prosecution.
The judge observed that the evidence of the 9th prosecution witness that Nwabuoku voluntarily refunded part of the siphoned money of over N200 million during investigation was not controverted by the defence.
Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021. He became acting Accountant General of the Federation in May 2022.
The police in Delta state have arrested eleven more suspects over the sexu@l ass@ults recorded during what was described as a “r@ping festival” in Oramudu Quarters in Ozoro last Thursday, March 19.
In a statement released on Saturday, March 21, the spokesperson of the command, SP Bright Edafe, said the CP Special Assignment Team (CP-SAT) was tasked with conducting a detailed investigation into the incident.
Edafe said operatives of CP-SAT conducted a thorough analysis of available video evidence and intelligence, leading to the arrest of eleven additional suspects identified as Samson Atukpodo, Steven ovie, Ugbevo Samson, Afoke Akporobaro, Evidence Oguname, and six others. Edafe mentioned that these latest arrests bring the total number of suspects currently in police custody in connection with the incident to fifteen (15)
“The Command reiterates that preliminary findings indicate that the unfortunate incident was perpetrated by criminal elements who exploited the situation to engage in acts of sexu@l v!olence, which are in no way representative of any legitimate cultural practice.
The Commissioner of Police, Delta State Command, CP Aina Adesola, condemns these acts in totality and reassures the public that the Command remains resolute in its determination to ensure that all those involved are identified, arrested, and prosecuted in accordance with the law. Members of the public, particularly victims and witnesses, are once again encouraged to come forward with credible information that will aid ongoing investigations. The Command assures that all information provided will be treated with strict confidentiality.”the statement in part reads
Fuel price hike: Gov Makinde announces N10,000 transport support for workers
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
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