Nigeria’s Buhari throws self into African Development Bank bitter succession battle, lauds countryman Akinwumi Adesina

Nigeria is expecting $1 billion loan from the African Development Bank to respond to COVID-19

President Muhammadu Buhari on Thursday commended countryman and President of the African Development Bank, Nigeria’s Dr Akinwumi Adesina, over what he described as “the clean bill of health given him by Board of Directors of the financial institution.”

The statement by the Nigerian leader comes three months to the presidential election at the African Development Bank in August. Nigeria is expected to receive $1 billion from the bank to respond to COVID-19.

Mr. Buhari quoted a report dated May 5, 2020, signed by Niale  Kaba, Chairman of the Bureau of the Board of Governors, that reportedly “indicated that Dr Adesina had been exonerated of allegations against him by whistleblowers.”

Mr. Buhari quoted the report as saying that the allegations against the Nigerian man “were thoroughly investigated by the Ethics Committee of the Board of Directors, and a recommendation made to Governors of the African Development Bank, and African Development Fund.”

According to Kaba, in the report, “On the basis of the results contained in the report of the committee, I am of the view that we should adopt its conclusions by declaring that the President is totally exonerated of all the allegations made against him.”

President Buhari said Dr Adesina has “served the African continent well, and has made his motherland proud.”

“He wishes him greater successes in the position of responsibility he occupies,” a statement by Femi Adesina, a spokesman from President Buhari said of Akinwumi Adesina.

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Simon Ateba
Simon Ateba
Based in Washington, District of Columbia, United States of America, Simon leads a brilliant team of reporters, freelance journalists, analysts, researchers and contributors from around the world to run TODAY NEWS AFRICA as editor-in-chief. Simon Ateba's journalistic experience spans over 10 years and covers many beats, including business and investment, information technology, politics, diplomacy, human rights, science reporting and much more. Write him: [email protected]

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