Babangida's acceptance comes amidst rumors circulating online that he had rejected the appointment. He described these claims as "entirely false" and aimed at misleading the public and undermining the credibility of the Tinubu-led administration.
"The report is not only false but a calculated attempt to cause confusion and misrepresent the facts," the statement noted. "Muhammed Babangida wholeheartedly accepts his appointment as Chairman of the Bank of Agriculture and sincerely thanks President Tinubu for the confidence reposed in him."
The statement warned that those responsible for spreading the false information would be investigated and held accountable. It also urged the public to disregard the fake news and remain vigilant against misinformation.
The appointment of Muhammed Babangida is part of President Tinubu's efforts to reposition key government institutions with credible leadership committed to national development.