President Bola Tinubu has approved the establishment of boards for the National Agricultural Development Fund, the Bank of Agriculture, and the Universal Basic Education Commission. In a statement released by Presidential spokesperson Bayo Onanuga on Friday in Abuja, the president said the move aims to strengthen these institutions and enhance their effectiveness.
The Bank of Agriculture and the National Agricultural Development Fund play crucial roles in promoting agricultural development and providing financial support to farmers and agricultural projects. Senator Tanko Al‑Makura, who was appointed in July, will continue to serve as Chairman of the Bank of Agriculture. Together, these two bodies will work to provide financing and support to farmers, agricultural projects, and other stakeholders, with the goal of increasing productivity, improving food security, and reducing poverty.
The Universal Basic Education Commission is responsible for overseeing basic education in Nigeria, ensuring that all children have access to quality schooling. The commission will focus on improving access to basic education, reducing the number of out‑of‑school children, and enhancing overall educational quality. It will collaborate with state and local governments and other stakeholders to achieve these objectives.
The constitution of these boards represents a significant step toward revitalizing the agricultural sector and improving education in Nigeria. Their work is expected to address sectoral challenges, implement growth‑driving policies, and contribute to food security, economic development, and human capital formation. As Nigeria navigates its development challenges, the effective functioning of these institutions will be critical to achieving meaningful progress in both agriculture and education.
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