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Buhari, AfDB’s President Akinwumi Adesina Meet In Aso Rock

President Muhammadu Buhari is currently having a meeting with the President of African Development Bank (AfDB), Dr. Akinwumi Adesina, at the Presidential Villa, Abuja.

Adesina has been at the centre of allegations of impropriety at the Abidjan-based financial institution which have been a subject of inquiry by the bank’s ethics committee.

The embattled AfDB president has consistently maintained innocence. In statement last month, he described the allegations against as “trumped up”.

The committee cleared the AfDB President but the United States Department of Treasury dismissed the outcome, calling for an independent investigation of the allegations against Adesina.

AfDB, a regional multilateral institution, is owned mostly  by African countries but the US is a the second largest shareholder after Nigeria.

Nigerian and other African leaders have been rallying support for Adesina who is completing his five-year-tenure but is in the running for another term.

About Editor

Otunba Sayo Akintola is a 1992 graduate of Linguistics from the University of Ibadan, Oyo State. He holds a post-graduate diploma in Financial Management and MBA from Abubakar Tafawa Balewa University, Bauchi. He started his 12-year sojourn in journalism at the Nigerian Tribune in 1993 as Business and Economy reporter. He rose through the ranks to become the Group Business Editor of the nation’s oldest surviving private national newspaper, the Nigerian Tribune. He set up World Street Journal magazine in 2018.

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