Wednesday, August 5, 2020

Tag "Akinwunmi Adesina"

    The plot to tarnish Akinwunmi Adesina’s legacy

The plot to tarnish Akinwunmi Adesina’s legacy

By RICHARD OGUNDIYA The African Development Bank (AfDB) is currently gearing up for another leadership election. The current President, Mr. Akinwumi Adesina, is already dealing with setbacks and a coup hell bent on removing him from office. This isn’t unexpected, considering the fact that Adesina is running for a second term in office as an unopposed candidate at an annual general [...]

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    Buhari nominates Akinwunmi Adesina for second term as AfDB president

Buhari nominates Akinwunmi Adesina for second term as AfDB president

President Muhammadu Buhari has nominated Akinwunmi Adesina for a second term as the president of African Development Bank (AfDB). Adesina made this known on Sunday while receiving the Emeka Anyaoku lifetime achievement award presented to him by the Hallmark of Labour Foundation. This comes ahead of the bank's election scheduled to hold in 2020. "When asked by former President Goodluck Jonathan to serve [...]

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    As the stage gets bigger for Tony Elumelu Foundation Entrepreneurship Forum

As the stage gets bigger for Tony Elumelu Foundation Entrepreneurship Forum

The stage is getting bigger for the Tony Elumelu Foundation Entrepreneurship Forum; and so are the multiplicity of roles it is inadvertently assuming, and rising expectations. Having five African Presidents, over 60 global speakers from the public and private sectors across three continents together is a large private sector platform for empowerment and generation of ideas. At the two-day forum, which held [...]

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    ECOWAS seeks additional funding for $2bn Abidjan-Lagos highway

ECOWAS seeks additional funding for $2bn Abidjan-Lagos highway

The Economic Community of West African States (ECOWAS) is seeking additional funds for constructing the $2 billion Lagos-Abidjan highway project. Jeane-Claude Brou, president of the ECOWAS commission, made this known during a signing ceremony between ECOWAS and the African Development Bank (AfDB) in Abuja on Monday.   ECOWAS and AfDB signed a $22.7 million agreement for the cross country road project to [...]

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    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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    Buhari: We’ll make it, though with hard work

Buhari: We’ll make it, though with hard work

President Muhammdu Buhari says Nigeria has the human and the material resources to surmount its economic problems. He said this while receiving Akinwunmi Adesina, president of the African Development Bank (AfDB), at the state house in Abuja, on Monday. “God has given us people and resources. It will take hard work on our part, but we will make it. We will get [...]

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Adeosun: We’re looking unto AfDB for $1bn loan

Kemi  Adeosun, minister of finance, says the country is to borrow $1bn from the African Development Bank (AfDB) to finance the 2016 budget. Adeosun said this while speaking with state house correspondents in Abuja on Monday. She said that the money would be used to fund key infrastructural projects, and that the interest on it was just 1.2 percent. “What has been great [...]

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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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