Indications have emerged that Muhammed Babangida, the son of Nigeria’s former military president, Ibrahim Badamosi Babangida, IBB, has rejected his recent appointment by President Bola Tinubu as chairman of the Bank of Agriculture.
Muhammed’s decision was made known in a letter dated July 21, 2025, shared by publisher of Ovation Magazine, Dele Momodu, on Monday.
According to the letter, the decision followed 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 fresh appointments by Tinubu barely two days ago.
Reacting, ADC slammed Tinubu for attempting to buy Northern Nigeria ahead of the 2027 general election.
