Skip to content
October 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • AfDB: African leaders rally support for Adesina
  • Breaking News
  • National News

AfDB: African leaders rally support for Adesina

Admin May 29, 2020
ban

Akinwumi Adesina, President AfDB

No fewer than 15 former African Presidents on Friday rallied support for President of African Development Bank (AfDB), Dr Akinwumi Adesina, lauding him for taken the bank to amiable heights.

In a statement signed by the ex presidents, including Nigeria’s Olusegun Obasanjo and Goodluck Jonathan, the former leaders described AfDB as the “pride of the continent”.

They cautioned that at this critical time that Africa was battling with COVID-19, the bank and its president should not be distracted.

Recall that United States Treasury Department had called for an independent probe of corruption allegations levelled against Adesina after being cleared by the bank’s ethics committee.

Speaking further, the ex presidents said governance was all about respecting and abiding by rules, laws, and established governing systems of organisations.

They added that in the case of AfDB, while differences might exist among the parties, the best way to address them was to first respect the rules, procedures and governance structures of the bank.

AfDB

“To do otherwise will be tantamount to undermining the Bank and its long and hard earned reputation, and that of its President.

“Differences will always occur but we urge that all stakeholders work together. All concerned stakeholders should work with mutual respect, and honour the rules and procedures of the bank and its governance systems that have served it well for 56 years.

“No nation, regardless of how powerful, has a veto power over the AfDB, and no nation should have such power,” they said.

The ex presidents, who took time to reel out the achievements of the AfDB, noted that the bank had performed remarkably well under the leadership of Adesina.

“The Bank is a pride for all of Africa, and its President, Dr Adesina, has taken it to enviable heights.

”At this critical time that Africa is battling with COVID-19, the Bank and its President should not be distracted,” said the ex presidents.

They specifically lauded Adesina on the bank’s intervention of 10 billion dollars crisis response facility to support countries in Africa and the inauguration of three billion dollars “COVID-19 social bond”, the largest ever denominated bond in the history of the world.

They added that the bank’s presence and work had been highly visible and impactful, stating that in less than five years, the bank’s agenda had impacted more than 333 million people across the continent.

Signatories to the statement are:

H.E Olusegun Obasanjo (President of Nigeria; 1999-2007)
H.E Boni Yayi (President of Benin; 2006-2016)
H.E Hailemariam Desalegn (Prime Minister of Ethiopia; 2012 – 2018)
H.E John Kufour (President of Ghana; 2001 – 2009)
H.E Ellen Johnson Sirleaf (President of Liberia; 2006 – 2018)
H.E Joyce Banda (President of Malawi; 2012 – 2014)
H.E Joaquim Chissano (President of Mozambique; 1986 – 2005)
H.E Tandja Mamadou (President of Niger; 1999 – 2010)
H.E Goodluck Jonathan (President of Nigeria; 2010-2015)
H.E Mohamed Marzouki (President of Tunisia; 2011 – 2014)
H.E Benjamin Mkapa (President of Tanzania; 1995 – 2005)
ENDORSED BY:
H.E Ameenah Gurib-Fakin (President of Mauritius; 2015 – 2018)
H.E Rupiah Banda (President of Zambia; 2008 – 2011)
H.E Kgalema Motlanthe (President of South Africa; 2008-2009)
H.E Jakaya Kikwete (President of Tanzania; 2005 – 2015) (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: AFDB Akinwumi Adesina

Post navigation

Previous Sanwo-Olu dedicates first anniversary to frontline health workers in Lagos
Next CDS Badeh’s death: General Court Martial sentences six NAF personnel in probe

Related Stories

Troops rescue kidnapped victim, recover N10m ransom in Kano
  • National News

Troops rescue kidnapped victim, recover N10m ransom in Kano

October 17, 2026
NGO investigates rise in aggressive breast cancer among women in Northeast infertility
  • National News

NGO investigates rise in aggressive breast cancer among women in Northeast

October 17, 2026
WORLD SINGING DAY: Peter Obi Media celebrates Obi-Kwankwaso singers worldwide  Kwankwaso and Peter Obi
  • National News

WORLD SINGING DAY: Peter Obi Media celebrates Obi-Kwankwaso singers worldwide 

October 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Lagos Task Force Arrests Dismissed Operative for Impersonation and Extortion prevention guild
  • Commentaries

Lagos Task Force Arrests Dismissed Operative for Impersonation and Extortion

October 18, 2026
Peter Obi Media to Shettima: You failed as governor of Borno state
  • Politics

Peter Obi Media to Shettima: You failed as governor of Borno state

October 18, 2026
LWC Serves Just 1% of Lagos Population Amid Severe Supply-Demand Deficit
  • metro

LWC Serves Just 1% of Lagos Population Amid Severe Supply-Demand Deficit

October 18, 2026
NDLEA intercepts Saudi-bound drug consignment hidden in palm oil keg; nabs 85-year-old grandma in Edo
  • Crime and Justice

NDLEA intercepts Saudi-bound drug consignment hidden in palm oil keg; nabs 85-year-old grandma in Edo

October 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.