Thursday, November 15, 2018

Tag "Akinwunmi Adesina"

    Akinwunmi Adesina: We were mocked for it, but everyone now eats ‘cassava bread’

Akinwunmi Adesina: We were mocked for it, but everyone now eats ‘cassava bread’

Akinwunmi Adesina, former minister of agriculture, says the Goodluck Jonathan administration was mocked for introducing cassava flour and bread, which he claims all Nigerians now eat.Speaking at the African Economic Conference in Abuja on Monday, Adesina said Africa must work on feeding itself and the world via import substitution."When I was minister in Nigeria, we moved aggressively on import substitution [...]

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    EXTRA: Like Ooni, el-Rufai ‘kneels’ for Obasanjo

EXTRA: Like Ooni, el-Rufai ‘kneels’ for Obasanjo

Former President Olusegun Obasanjo is no doubt one of the most influential figures in Nigeria.Last week, Adeyeye Ogunwunsi, the ooni of Ife, described Obasanjo as one of the most prominent black men on earth, disclosing that he knelt before the elder statesman for prayers during his journey to the palace.However, a picture where Nasir el-Rufai, Kaduna state governor, knelt beside [...]

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    Adesina seeks abolishment of intra-Africa visa

Adesina seeks abolishment of intra-Africa visa

Akinwumi Adesina, president of the African Development Bank (AfDB), has called for an Africa where visas would no longer be needed to move from country to country.Speaking at the African CEO forum, Adesina said he expects not just a liberal visa system, but one where tariffs would not be barriers within countries.“Our leaders have to absolutely bring down the walls [...]

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    Buhari insists: Naira will NOT be devalued

Buhari insists: Naira will NOT be devalued

President Muhammadu Buhari has again ruled out the possibility of devaluing the naira.While the official rate is between N197-N199, the black market is closing in on N400, forcing many analysts to push for an official devaluation of the currency to reflect market realities.Reiterating his opposition to the devaluation of the naira, Buhari said Nigeria cannot compete with developed countries which [...]

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    I had a very good economic team, says Jonathan

I had a very good economic team, says Jonathan

Goodluck Jonathan, Nigeria’s immediate-past president, says he had a good economic team that managed the affairs of the country.He described the appointments of Akinwunmi Adesina as president of the African Development Bank (AfDB) and Arunma Oteh, vice-president of the World Bank, as attestation that his administration had good hands.Adesina served as the minister of agriculture and Oteh as director-general of [...]

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    Adesina to use AfDB in building ‘a new Africa’

Adesina to use AfDB in building ‘a new Africa’

Akinwunmi Adesina, the newly-elected president of the African Development Bank (AfDB), has expressed appreciation to all those who supported him to attain his new height, promising that he would work with all African governments to bring more inclusive economic growth across the continent.He commended Donald Kaberuka, the outgoing president of the bank, for his outstanding contributions to AfDB and promised [...]

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    Big shoes await Adesina at AfDB presidency

Big shoes await Adesina at AfDB presidency

Nigeria’s Akinwunmi Adesina, the newly-elected president of the African Development Bank Group (AfDB), must be ready to work his socks off to fill the big shoes that will be left in September by Donald Kaberuka, a Rwandan economist and the outgoing president of the bank.Kaberuka, born October 5, 1951 in Byumba, Rwanda, was elected president of the bank in July 2005, [...]

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    PROFILE: The 7 candidates Akinwunmi Adesina must defeat to become AfDB president

PROFILE: The 7 candidates Akinwunmi Adesina must defeat to become AfDB president

Akinwumi Adesina, minister of agriculture and rural development until May 29, 2015, will have to beat seven other candidates on Thursday to become president of the African Development Bank (AfDB). AfDB operates under the leadership of the president, who serves as legal representative of the bank, chairperson of the board of directors, and chief of staff of the bank. He conducts [...]

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    Adesina rounds off AfDB presidential campaign

Adesina rounds off AfDB presidential campaign

All the eight candidates contesting the presidency of the African Development bank (AfDB), including Akinwunmi Adesina, Nigeria’s minister of agriculture, rounded off their campaign at the weekend and are awaiting declaration of the winner.The declaration of a new president will be made during the annual general meeting (AGM) of the bank in Abidjan, Côte d’Ivoire, on May 28.The weeklong annual [...]

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    Buhari lobbies for Adesina as ADB President

Buhari lobbies for Adesina as ADB President

Muhammadu Buhari, Nigeria's president-elect, has requested the Economic Community of West African States (ECOWAS) to support the candidature of Akinwunmi Adesina as the next president of the African Development Bank (ADB).Buhari has communicated his backing of Adesina’s candidature to John Dramani Mahama, president of Ghana who doubles as current chairman of the ECOWAS.In a statement released in Abuja on Tuesday, Buhari [...]

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    22, 000 birds killed as bird flu spreads to 7 states

22, 000 birds killed as bird flu spreads to 7 states

A total of seven states have now been affected by the latest outbreak of bird flu in the country, Akinwunmi Adesina, minister of agriculture and rural development, disclosed on Wednesday. According to Akinwunmi, who listed the states as Rivers, Delta, Edo, Plateau, Ogun, Lagos and Kano, 22,573 birds have been killed since January 8 when the first case of the virus was [...]

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    Akinwunmi: Cocoa production to increase by 56 per cent

Akinwunmi: Cocoa production to increase by 56 per cent

Hybrid seedlings will see cocoa production in Nigeria soar from 350,000 metric tons to 800,000 metric tons by the year 2017, minister of agriculture and natural resources, Akinwunmi Adesina, has said."In another 2 1/2 to 3 years you’re going to see a huge bump in the production of cocoa ... We expect that within a couple of years you will [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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