Binos Dauda Yaroe: A Journey Through Politics, Finance, and Faith – Explore the remarkable life of Nigerian politician Binos Dauda Yaroe, from his early education to political career and beyond.

Binos Dauda Yaroe Biography

Binos Dauda Yaroe was born on January 1, 1955, in Wagole village, Ribadu, Mayo-Belwa Local Government Area, making him 68 years old as of 2023. A proud Nigerian from Adamawa State, Binos Yaroe’s roots reflect his deep connection to the diverse tapestry of his nation. His ethnicity, state of origin, and religious affiliation are rooted in the rich cultural heritage of Adamawa State.

Early Life and Education Background

Binos Yaroe embarked on his educational journey at L.E.A. Primary School in Mayo-Belwa, completing his primary education from 1962 to 1969.

Subsequently, he enrolled at Government College Kaduna in 1970 for his secondary education, graduating in June 1974 with an outstanding performance in the West African School Certificate Examination.

Ahmadu Bello University Years (1975-1978)

In July 1975, Binos Yaroe became a pioneer student in the one-year I.J.M.B. program at the School of Basic Studies of Ahmadu Bello University.

This laid the foundation for his academic pursuits as he transitioned to the Faculty of Administration, Kongo Campus, A.B.U. Zaria, where he earned his B.Sc. in Accounting with Second Class Upper honors in June 1978.

Professional Accreditations (1991-1993)

In 1991, Binos Yaroe joined the NNPC and concurrently pursued professional accreditation.

He successfully passed the Institute of Chartered Accountants of Nigeria (ICAN) final qualifying examination in May 1992, gaining admission as an Associate Member of ICAN in February 1993.

Continuous Learning and Specialization (1999-2002)

Upon joining the Nigerian Stock Exchange, Binos Yaroe demonstrated a commitment to continuous learning by enrolling in the MBA in Banking and Finance program at the University of Nigeria, Nsukka.

This program, conducted in collaboration with the Centre for Management Development, Shangisa Lagos, spanned from 1999 to 2002.

Academic Pursuits in Christian Religious Studies (2012-2015)

Following his retirement from service, Binos Yaroe delved into a new academic venture. In October 2012, he enrolled at the Bronnum Lutheran Seminary (BLS), Mbamba Yola, pursuing a BA degree in Christian Religious Studies from the University of Jos.

His dedication culminated in the completion of the program in April 2015, earning a Second-Class Upper Division honours. This multifaceted educational journey showcases Binos Yaroe’s commitment to learning, professional growth, and academic excellence throughout his life.

Full Career

Binos Yaroe began his professional journey as a Lecturer in Accounting at Anambra State College of Education Awka during his one-year National Youth Service Corps from September 1978 to August 1979.

Following this, he gained experience with Deloitte Haskins and Sells and Unuigbe, Dangana and Co. in Kano from August 1979 to July 1980.

College of Preliminary Studies and Local Government Role

In August 1980, Binos Dauda Yaroe joined the College of Preliminary Studies (now Adamawa State Polytechnic) Yola, rising to the position of Chief Accountant by 1987.

He briefly served as the Secretary of Zing Local Government in 1988 before returning to the College.

NNPC and International Exposure

Binos Yaroe transitioned to the Nigerian National Petroleum Corporation (NNPC) in March 1991 as an Assistant Chief Accountant, later becoming Deputy Chief Accountant and Chief Accountant.

His seven-year tenure included international attachments, such as working with the OPEC Secretariat in Vienna and training with Bechtel in London.

Nigerian Stock Exchange Leadership

Retiring from NNPC in March 1998, Binos Dauda Yaroe joined the Nigerian Stock Exchange (NSE) as Deputy General Manager. He played a crucial role in the growth of the NSE and the Nigerian Capital Market, particularly during the privatization of government enterprises and the consolidation of financial institutions.

Contributions to Accounting Standards and Regulation

Between 1999 and 2008, Binos Yaroe represented the NSE on the Nigerian Accounting Standards Board (NASB). His involvement included chairing the Technical Committee on Interim Financial Reporting (SAS No. 25) and serving on committees related to accounting standards and regulations.

SEC and Capital Market Engagement

In 2007, Binos Yaroe became a member of the 11-man Ad-hoc Committee on Auditing and Financial Reporting, appointed by the Securities and Exchange Commission (SEC).

He also served on the Administrative Proceedings Committee of SEC and the Governing Council of the Institute of Capital Market Registrars.

Diverse Training and Development

Binos Yaroe’s commitment to career development is evident in the diverse training programs he attended, covering Oil & Gas Accounting, Investments & Securities Administration, and leadership certification courses both in Nigeria and internationally.

Retirement and Return to Mayo-Belwa

Retiring from the NSE in April 2011, Binos Yaroe returned to his hometown, Mayo-Belwa, Adamawa State, to pursue farming. He established Impact Farms Ltd and engaged in agricultural practices.

Ordination and Service in the Lutheran Church

After completing his BA program at the BLS, Binos Yaroe was ordained as a Pastor of the Lutheran Church of Christ in Nigeria in February 2017.

He served as the Assistant District Pastor of Sabon Gari “B” District and was appointed as the Special Adviser on Finance and Economic Affairs by the Archbishop of LCCN.

Political Involvement and Senate Candidacy

Actively involved in Adamawa State politics, Binos Yaroe contested the Adamawa South Senatorial seat in the 2015 general elections and the 2019 elections, winning the latter on the platform of the People’s Democratic Party (PDP).

Awards and Memberships

Binos Yaroe’s achievements include winning the Class Prize at Government College, Kaduna, in 1973. He holds memberships in various professional bodies, including being a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and a Fellow of the Chartered Institute of Taxation (FCTI).

Senate Committees and Responsibilities

Senator Binos Yaroe assumed office as Vice Chairman of the Senate Committee on Capital Market and was appointed to several other committees, showcasing his dedication to addressing issues related to corruption, petroleum resources, employment, health care, and more.

Parents and Siblings

Binos Yaroe was born to Dauda Binos. Although his mother’s name is not explicitly mentioned, he expressed deep appreciation for a woman he referred to as “mother,” underscoring her significant role in his upbringing.

Personal Life

Binos Yaroe married Mrs. Gimbiya Joshua in 1983, and they are blessed with four children. After retiring from the Nigerian Stock Exchange, he embraced farming in his hometown, Mayo-Belwa, Adamawa State.

Beyond his agricultural pursuits, Binos Yaroe answered a higher calling, becoming ordained as a Pastor of the Lutheran Church of Christ in Nigeria.

Net Worth

Senator Binos Yaroe is estimated to have a net worth of $5 million (approximately ₦2 billion in Nigerian Naira). His transition to farming and other endeavors showcases a multi-faceted approach to wealth and success.

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