Thursday, March 12, 2026
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Lagos

NAIC Unveils New CEO, Executive Directors

 

Mr. Yazid Shehu Umar Danfulani

Managing Director /CEO

His Excellency, President Bola Ahmed Tinubu has approved the appointment of Executive Directors for Nigerian Agricultural Insurance Corporation (NAIC).

They are:

Mr. Yazid Shehu Umar Danfulani – Managing Director /CEO

Mr. Abubakar Umar Jarengo, Executive Director, Operations

Mr. Babafemi Ayandayo Rasheed, Executive Director, Admin and Finance

President Tinubu’s letter which conveyed their appointment was signed by Senator George Akume, Secretary to the Government of the Federation (SGF) on May 22nd, 2025 states that their appointment takes effect from 21st. May, 2025, for an initial term of four years, in accordance with Section15(a) of NAIC Act law 2004.

The team is expected to bring new vigor and strategic direction to NAIC, a critical institution responsible for providing insurance to Nigeria’s agricultural sector against risks such as drought, pests, diseases and other disasters.

The Management and entire staff of the Corporation wish them a successful working tenure.

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