MDA

Bank of Agriculture (BOA)

Project Location/State

Award Year

2019

Contract Sum

₦₦0.00

Amount Paid

₦₦0.00

Unaccounted

₦₦0.00

Context/Observation

Audit observed that:
i. Between 2010 and 2020, Bank of Agriculture have had five (5) Managing Director/Chief Executive Officer as listed below:
Mohammed K. Santuraki Sep,2010 – Sep, 2014
Babatunde M.T. Sadiku Oct, 2014 – Oct, 2015
Danbala Danju Jul, 2015 – Mar, 2017
Kabir Mohammed Adamu Apr, 2017 – May, 2020
Alwan A. Hassan May, 2020 – Date
ii. Among the MD/CEO appointed before 2020, only Mohammed K. Santuraki served a full tenure of four (4) years

Contractor

N/A

Beneficial Ownership Information

N/A

Legislative Recommendation

The Managing Director is requested to:
i. Furnish evidence of engagement with the Federal Ministry of Agriculture and Rural Development (FMA&RD) for the constitution of Governing Board of the Bank of Agriculture Ltd to the Public Accounts Committees of the National Assembly; and
ii. Otherwise, apply sanction relating to gross misconduct in paragraph 3129 of the Financial Regulations.

Executive Action

N/A

Progress Report

N/A

Data Source

2019 Non compliance Audit report of the FG

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