President Buhari to AfDB President, Adesina: I Will Stand By You


Tuesday, June 02, 2020 / 09:40 PM / State House Press Release / Header Image Credit: @NGRPresident


Proshare Nigeria Pvt. Ltd.

President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the African Development Bank (AfDB).


The President spoke at State House, Abuja, Tuesday, while hosting Dr Adesina on a courtesy visit.


"In 2015, when you were to be elected for the first term, I wrote to all African leaders, recommending you for the position. I didn't say because you were a People's Democratic Party (PDP) Minister, and I belonged to the All Progressives Congress (APC), so I would withhold my support. I'll remain consistent with you, because no one has faulted the step I took on behalf of Nigeria," said President Buhari.


The President pledged that Nigeria would work with all other leaders and stakeholders in AfDB to ensure that Dr Adesina was elected for a second term built on the record of his achievements during his first term.


The African Union had already endorsed the incumbent AfDB President as sole candidate for the continent, but some other stakeholders are trying to ensure that Dr Adesina is re-investigated on some allegations, and rendered ineligible to run.


Giving a background to what was happening in the bank, Dr Adesina, a former Nigerian Minister for Agriculture, said the 16 allegations raised against him were trumped up, "and without facts, evidence, and documents, as required by the rules and regulations of the bank."


He added that the Ethics Committee of the bank cleared him of all the allegations, and calls for fresh investigation by the United States of America, were against the rules.


"My defense ran into 250 pages, and not a single line was faulted or questioned. The law says that report of the Ethics Committee should be transmitted to the Chairman of Governors of the bank. It was done, and the governors upheld the recommendations. That was the end of the matter, according to the rules. It was only if I was culpable that a fresh investigation could be launched. I was exonerated, and any other investigation would amount to bending the rules of the bank, to arrive at a predetermined conclusion," Dr Adesina said.

Proshare Nigeria Pvt. Ltd.


Stressing that the motive was to soil his name, and that of the bank, the AfDB President said he was proud to be Nigerian, and thanked President Buhari for his unflinching support.


"You helped me to get elected in the first place, and you have supported me robustly all along, and the African Union unanimously endorsed my re-election" he declared.


While commiserating with President Buhari on the death of the former Chief of Staff, Mallam Abba Kyari, Dr Adesina described Professor Ibrahim Gambari, new Chief of Staff as "a man of integrity, and of global standing."


Femi Adesina

Special Adviser to the President

(Media and Publicity)

June 2, 2020


Proshare Nigeria Pvt. Ltd.

Related Links

  1. Press Statement by Concerned African Leaders
  2. Letter from HE Olusegun Obasanjo on AfDB
  3. Letter from the Honourable Minister of Finance to the Chairman, Board of Governors, AfDB
  4. A Portrait of the Trump Loyal Destabilizing the AfDB
  5. Press Statement by AfDB President
  6. AfDB Whistleblowing Letter
  7. U.S. Letter by the Dept of Treasury to the Chair of Board of Governors of AfDB
  8. Press Release of BGOV Bureau


Proshare Nigeria Pvt. Ltd.

Related News

  1. Leadership of the AfDB: Concerned African Leaders Call for Caution
  2. Africa Confronts Its Destiny - AfDB Stands or Stays Cowed: Obasanjo and Ahmed Makes Case
  3. Akinwumi Adesina: Best Man for the AfDB
  4. Dr Akinwunmi Adesina Receives 8th African Leadership Magazine African of the Year Award
  5. AfDB Places Zhongmei Eng. on 12-months Conditional Non-debarment for Fraudulent Practice
  6. The AfDB and Its Partners Want Your Ideas for Beating the COVID-19 Pandemic
  7. AfDB Sustainable Energy Fund for Africa Approves $500,000 Grant for Clean Energy
  8. AfDB To Present Africa 2019 Report On September 12th, 2019
  9. AfDB Rolls Out $251m Support For African Female Entrepreneurs
  10. AfDB $13 Billion Investment In Southern Africa Is delivering Strong Results - Adesina
  11. AfDB, AFREXIM Hold Roadshow In Preparations for 2nd Africa Investment Forum
  12. AU, AfDB Sign US$4.8m AfCFTA Grant
  13. AFDB On Roadshow In Seoul And Tokyo To Woo Asian Investors Ahead Of 2019 Africa Investment Forum
  14. Why Youth Investment is Critical to Africa's Transformation- Akinwunmi Adesina
  15. AfDB President Begins An Official Visit To The DR Congo From June 17 To 20, 2019
  16. 2019 AfDB AGM: Opening Speech By The President, Dr. Akinwumi A. Adesina

Proshare Nigeria Pvt. Ltd.

Proshare Nigeria Pvt. Ltd.
Related News