AfDB reelection: Nigeria stands solidly behind Akin Adesina, says President Buhari

Nigeria Akin Adesina AfSB

AfDB reelection: Nigeria stands solidly behind Akin Adesina, says President Buhari

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 gave the assurance at the presidential villa on Tuesday, June 2 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


The African Union had already endorsed the incumbent AfDB President as the sole candidate for the continent, but some other stakeholders led by the United States of America are trying to scuttle the reelection bid of the Nigerian banker.


Interestingly, the onslaught against Adesina is led by US treasury secretary, Steven Mnuchin, who was accosted for abuse of office in the past. He repeatedly broke California’s foreclosure laws according to a previously undisclosed 2013 memo from top prosecutors in the state attorney general’s office.

The memo obtained by alleges that OneWest, a company Mnuchin was the CEO at the time, rushed delinquent homeowners out of their homes by violating notice and waiting period statutes, illegally backdated key documents, and effectively gamed foreclosure auctions.

Giving a background to his ordeal, Adesina told the president that the ethics committee of the bank cleared him of all the allegations, and calls for a fresh investigation by the U.S.A were against the rules.


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