DSS FOILS TERRORISTS PLOT; SEIZES 21 AK-47 RIFLES, 4 PKT MACHINE GUNS IN SOKOTO.(PHOTO).

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 DSS FOILS TERRORISTS PLOT; SEIZES 21 AK-47 RIFLES, 4 PKT MACHINE GUNS IN SOKOTO The Department of State Services, DSS, says it has intercepted a major weapon shipment from Niger Republic in Sokoto State, recovering 21 AK-47 rifles, four PKT machine guns and 825 magazines. In a statement, The operation in Dawakawa, Goronyo Local Government Area, followed sustained intelligence surveillance targeting suspected arms traffickers. The Service also reports increased use of female couriers to transport weapons, with fourteen women arrested between February 2025 and November 2026 across several states. The latest arrest in Zamfara involves a suspected female courier, found with twelve grenades and two ammunition belts. The DSS says it will sustain intelligence-led operations to dismantle illegal arm networks and prosecute those involved.
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PRESIDENT TINUBU APPOINTS AYO SOTINRIN AS MANAGING DIRECTOR OF THE BANK OF AGRICULTURE. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS STATEMENT


PRESIDENT TINUBU APPOINTS AYO SOTINRIN AS MANAGING DIRECTOR OF THE BANK OF AGRICULTURE


President Bola Ahmed Tinubu has appointed Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture, effective immediately.


Mr. Sotinrin brings a diverse and extensive background in the private and public sectors to his new role.


Before this appointment, he held the position of Group Chief Executive Officer at SAO Group. His leadership at SAO Agro, an agribusiness company, was marked by groundbreaking agricultural initiatives, including developing a 20,000-hectare oil palm plantation and large-scale poultry, aquaculture, maize, and cassava operations in Ondo State.


He also led SAO Capital, raising over $750 million in infrastructure and development finance, including the landmark $200 million Akure Water Supply Project.


In the public sector, he served as Special Adviser (Environment & Urban Development) to the Minister of State FCT from 2011 to 2015.


He has consulted extensively for global development partners such as the World Bank, AfDB, DFID, and USAID and played key advisory roles on federal and state-level projects. His international background includes roles at the Royal Bank of Scotland International, Deutsche Bank, and the UK Environment Agency.


Mr. Sotinrin holds an Executive MBA from Said Business School, Oxford University; an Advanced Diploma in Environmental Conservation; and a Master's in Engineering Business Management from Warwick University.


Mr Sotinrin's appointment aligns with the Tinubu administration's strategy to revitalise Nigeria's agricultural sector.


"Mr Sotinrin's proven ability to mobilise capital, innovate in agribusiness, and collaborate across sectors will be instrumental in repositioning the Bank of Agriculture as a catalyst for food security, sovereignty and rural prosperity", President Tinubu emphasised.


Bayo Onanuga

Special Adviser to the President

(Information & Strategy)

April 4, 2025

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