President Bola Ahmed Tinubu has approved the appointment of Yazid Shehu Umar Danfulani as the Managing Director and Chief Executive Officer of the Nigerian Agricultural Insurance Corporation (NAIC).
The appointment was formally conveyed in a letter dated May 22, 2025, and signed by Senator George Akume, Secretary to the Government of the Federation (SGF).
According to the letter, Danfulani’s appointment takes effect from May 21, 2025, for an initial term of four years, in accordance with Section 15(a) of the NAIC Act, Laws of the Federation of Nigeria, 2004.
Danfulani, the Turakin Zamfara, is expected to bring new vigour and strategic direction to NAIC, a critical institution responsible for providing insurance cover to Nigeria’s agricultural sector against risks such as drought, pests, diseases, and other natural disasters.
A seasoned administrator and banker, Danfulani holds a Bachelor’s degree in Business Administration and a Master’s degree in Arts and Management from the University of Hertfordshire, United Kingdom. He has held notable roles at the Central Bank of Nigeria (CBN) and previously served as Commissioner for Commerce and Industry in Zamfara State.
In the appointment letter, Akume noted that Danfulani’s emoluments and conditions of service would be guided by the provisions of the “Certain Political, Public and Judicial Office Holders (Salaries and Allowances, etc) (Amendment) Act, 2008”.
The appointment has been widely applauded as a recognition of Danfulani’s leadership qualities, technical expertise, and commitment to national development.
Danfulani is expected to focus on strengthening the insurance framework for Nigerian farmers, expanding access to agricultural insurance, and ensuring NAIC plays a key role in the country’s food security strategy.
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