Tag: Akinwunmi Adesina

2027: “I’m available” – AfDB President, Adesina hints at Presidential run

Aminu Imam
AfDB, Adesina hints

The outgoing President of the African Development Bank (AfDB), Akinwumi Adesina, has signaled his willingness to serve Nigeria in any capacity, hinting at a possible presidential bid in 2027. In an interview on a television programme yesterday, Adesina stated that after completing his tenure at the AfDB, he would be open to serving globally, across Africa, and in his home country, Nigeria. Adesina, who previously served as Nigeria’s Minister of Agriculture under former President Goodluck Jonathan, emphasised that his greatest satisfaction comes from transforming lives and making a meaningful impact.…

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‘Lack of electricity killing businesses in Nigeria’ AfDB President, Adesina

Aminu Imam
AfDB President, Adesina

President, African Development Bank Group (AfDB), Akinwumi Adesina, has said Nigeria is losing about 29 billion dollars annually due to a lack of reliable power supply. Adesina, who made this known during his lecture on Building a global Nigeria, to mark the 90th birthday anniversary of retired Gen. Yakubu Gowon in Abuja, said that it amounted to 5.8 percent loss in the nations Gross Domestic Product, (GDP). According to him, the major challenge facing Nigerias manufacturing industries was the high cost and unreliability of electricity supply. The AfDB boss said…

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‘Nigerias food importation policy could destroy countrys agriculture’ – AfFB President, Adesina

Aminu Imam
Akinwumi Adesina

President of the African Development Bank (AfDB) Group, Dr. Akinwumi Adesina has said the decision by Nigerias government to allow massive food importation risks destroying the countrys agriculture. According to him, this follows the announcement by Nigerias Minister for Agriculture, Abubakar Kyari, on July 10, that the Federal Government would suspend duties, tariffs, and taxes on the importation of maize, husked brown rice, wheat, and cowpeas through the countrys land and sea borders, for 150 days. Adesina, who stated this while speaking to African Primates of the Anglican Church at…

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2023 Presidency: After procuring N100m APC forms Coalition unable to reach AfDB President, Adesina

Aminu Imam

The coalition of 28 groups which procured an All Progressives Congress (APC) Presidential Nomination and Expression of Interest forms for the African Development Bank (AfDB), President, Akinwumi Adesina, has said it did not have the consent of the continental public servant to purchase the forms. According to the Coalition, 24 hours after paying for the forms, it has not been able to reach the banker, but however said Adesina remained the best man for the job, adding that the groups needed to procure the forms to meet with relevant deadlines…

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2023: Group accuse Akeredolu, Sowore, others of ethnic bias for attacking Emefiele, leaving Adesina

Aminu Imam

A group, Ethnic Youth Leaders (EYL), has expressed reservation statements against the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, by Governor Rotimi Akeredolu, of Ondo State, constitutional lawyer, Prof. Itse Sagay, as well as activist publisher, Omoyele Sowore, following his perceived 2023 presidential ambition. Recall that three groups, Rice Farmers Association of Nigeria, (RIFAN), ‘Friends of Emefiele’ and ‘Emefiele Support Group’, on Friday, purchased the ruling All Progressives Congress (APC) Expression of Interest and Nomination Forms for the CBN Governor to vie for the presidential seat in…

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Food Production: “We made progress shutting borders” – Buhari

Aminu Imam

Africa to lose $11bn to Russia-Ukraine war ? Adesina President Muhammadu Buhari, yesterday, rationalised the closure of Nigerian borders, saying that progress was made through the action, which according to him was to encourage local food production. Recall that the President ordered the closure of the countrys land borders in August 2019 to crack down on smuggling. Four of the borders were re-opened in 2020, including the Seme border, in the South-West region; Maigatari and Illela borders, in the North-West, and Mfun borders, in the South-South. Four more were ordered…

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2023: Obasanjo backs Akinwumi Adesina over Tinubu

Aminu Imam

Former President Olusegun Obasanjo is reportedly in support of a move to draft the current President of the African Development Bank, (AfDB), Dr. Akinwumi Adesina, into the 2023 presidential race. According to a competent source close to the former President, the move comes as Obasanjo reportedly failed to convince Governor Aminu Tambuwal, of Sokoto State and former Kano State governor, Rabiu Musa Kwankwaso, to work together in order to advance the political interest of the Peoples Democratic Party, (PDP) in the forthcoming presidential election. Some political observers have pointed out…

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‘More people likely to die of hunger than Covid-19 in Africa’ – AfDB President, Adesina

Aminu Imam

President of the African Development Bank (AfDB), Akinwumi Adesina, has conveyed fears that hunger and food insecurity may kill more Africans than Covid-19. This was made known by the AfDB President at the Leaders Dialogue on ‘Africa Covid-Climate Emergency‘ event, organised by the Bank and the Global Center on Adaptation (GCA). According to Adesina, I think that the risks are probably much higher for many in Africa to die from hunger than Covid-19 pandemic. So, we must boost access to food and good nutrition because vaccines are important but only…

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Insecurity no longer political issue but economic threat – AfDB President

Aminu Imam

  Says terrorism is shrinking Africas investment space. The President of the African Development Bank, (AfDB), Akinwunmi Adesina, has said recent terrorist and bandits are shrinking Africas investment space. Adesina, in a series of tweets on Tuesday, said insecurity had grown from being a political problem to an economic challenge. Banditry has worsened insecurity in Nigerias northern region already bedevilled by Boko Haram and ISWAPs attacks. Recall that in February, Boko Haram terrorists launched multiple missiles on the outskirts of Maiduguri, killing several civilians. Also in the same month, bandits attacked…

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Akinwunmi Adesina sworn in as AfDB President for second term

Ishaku Yohanna

President of the African Development Bank, Dr. Akinwumi Adesina, has been sworn-in for a five-year second term. The swearing-in ceremony held Tuesday was attended by Heads of States, Governors and other stakeholders who joined physically and virtually. Adesina who was the Minister of Agriculture during the Goodluck Jonathan-administration was re-elected into office as president of the bank on August 27, 2020. He was first elected as President of the bank in May 2015; being the first Nigerian to occupy the position. Adesina is the first president to be elected by…

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