December 07, (THEWILL) – President Muhammadu Buhari has appointed Saad Hamidu, as Acting Managing Director of the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL)
His appointment followed the suspension of Aliyu Abdulhameed, as Managing Director and Chief Executive Officer by the NIRSAL board, over alleged corrupt practices.
The appointment, conveyed in a letter signed by Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), said Hamidu, a staff of the Development Bank of Nigeria, has been posted on secondment for a period of three months.
The letter, dated December 6, 2022, reads, “I am pleased to inform you of your secondment and appointment to the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending as the Acting Managing Director.
“Please note that this secondment is on a temporary basis for an initial period of three months or upon your recall to the CBN, whichever is earlier.
“I hope you will serve meritoriously to justify the confidence reposed in you with this appointment.”
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