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Akinwunmi Adesina and Another Tenure Well Deserved

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By Eric Elezuo

“I will stay calm and resolute. I will not be distracted. No amount of lies can ever cover up the truth. Soon the truth will come out” – Akinwunmi Adesina

The re-election of the President of African Development Bank, Dr. Akinwunmi Adesina, for another five years tenure, has proved that challenges are created to build the man of honour. Much as detractors meant it for his downfall, posterity elevated the man of candour to a fame of indescribable height.

It is not every day that spotlessly honest Nigerians walk the space of leadership within the country’s administrative sphere. Akinwunmi Adesina is one Nigerian who has left the footprint of achievements, nostalgia, accomplishment and determination in the sands of time, culminating in his unequivocal acceptance by well meaning peoples of the earth, the distraction created by the United States of America notwithstanding.

Born to a Nigerian farmer in Ibadan, Oyo State, on February 6, 1960, Adesina attended a village school and graduated with a Bachelors in Agricultural Economics with First Class Honors from the University of Ife, Nigeria in 1981. He was basically the first student to be awarded this distinction by the university. He followed up his studies at Purdue University in Indiana, briefly returning to Nigeria in 1984 to get married.

Afterwards, he returned to school, obtaining his PhD (Agricultural Economics) in 1988 from Purdue, winning the Outstanding Ph.D Thesis for his research work in the bargain.

Adesina’s professional career kicked off proper in 1990, when he served as a Senior Economist at West African Rice Development Association (WARDA) in Bouaké, Ivory Coast. He served till 1995.

He worked at the Rockefeller Foundation since winning a fellowship from the Foundation as a senior scientist in 1988. From 1999 to 2003 he was the representative of the Foundation for the southern African area. And from 2003 until 2008, he was an Associate Director for food security.

In 2010, he was appointed Nigerian Agriculture Minister, a post he held till 2015 when the administration of former President Goodluck Jonathan ended.

Adesina was named as Forbes African Man of the Year for his reform of Nigerian agriculture. He introduced more transparency into the fertiliser supply chain. He also said that he would give away mobile phones to farmers but this proved too difficult as a result of lack of mobile network in rural areas.

In 2010, United Nations Secretary General, Ban Ki-moon appointed him as one of 17 global leaders to spearhead the Millennium Development Goals.

On May 28, 2015, just before he completed his tenure as the Nigerian Minister of Agriculture, a position he had held for four years, Adesina was elected the presumptive President of the African Development Bank. He began his tenure of the office on September 1 2015. He is the eighth president in the organization’s history, and the first Nigerian to hold the post.

On resumption at the AfDB, He launched a strategy based on energy, agriculture, industrialization, regional integration and bettering Africans’ lives. The Board of Executive Directors approved the reorganization of the structure around these five priorities.

In September 2016, Adesina was appointed by United Nations Secretary-General Ban Ki-moon to serve as member of the Lead Group of the Scaling Up Nutrition Movement.[10]

In 2017, he was awarded 2017 World Food Prize. Upon receiving the prize on October 21, 2017. Adesina donated the $250,000 he received to the development of African youth in agriculture. That is how generous and benevolent he is.

Adesina is not all work; he is reportedly very close to his God. While at Purdue University, he, his wife, along with another couple, started a Christian group called the African Student Fellowship. He and his wife Grace have two children, Rotimi and Segun.

As an Agricultural Economist, Dr. Akinwumi Adesina has been a leader in agricultural innovation for over 30 years. He has contributed greatly to food security in Africa, aimed at improving the lives of millions currently living in poverty, throughout the African continent. The Sunhak Committee acknowledges Dr. Akinwumi Adesina’s achievements in promoting Good Governance of Africa, which boosts Africa’s capacity to feed itself and transform its total economies for generating wealth for millions of rural and poor African farmers.

At the Cape Town International Convention Center, the Sunhak Peace Prize Committee announced him as a co-winner of the 2019 Laureates for the Sunhak Peace Prize, the other person is Waris Dirie, 53 year-old world-class supermodel and anti-FGM activist.

Dr. Akinwumi Adesina has been a leader in agricultural innovation in Africa for over 30 years, bringing great improvement to Africa’s food security. contributing to Africa’s dynamic growth. His leadership is building stepping-stones for Africa’s dynamic growth.

Chairman of the Sunhak Peace Prize Committee, Dr. Il Sik Hong, stated that “the Sunhak Peace Prize was established based upon the vision of “One Family Under God.” The 2019 Sunhak Peace Prize gives special attention to peace and human development in Africa.”

Dr. Hong added “in order for us to build an era of peace and coexistence in the 21st century, we want to encourage continuous development in Africa. Africa is a rising star and its growth will contribute global progress and development throughout the 21st century.”

The Sunhak Peace Prize honors individuals and organizations who have made significant contributions to the peace and the welfare of the future generations. The Sunhak Peace Prize includes a cash prize totaling one million dollars. The 2019 Sunhak Peace Prize Award Ceremony will take place in February, 2019 in Seoul, Korea.

Dr. Akinwumi Adesina pioneered major transformations in the agricultural field, including expanding rice production by introducing high yielding technologies, designing and implementing policies to support farmers’ access to technologies at scale, increasing the availability of credit for millions of smallholder farmers, attracting private investments for the agricultural sector, rooting out the corrupt elements in the fertilizer industry, and assisting in establishment of major agricultural policies for Africa’s green revolution.

The “Africa Fertilizer Summit,” which he organized in 2006, was one of the largest high-level meetings in Africa’s history that had a focus on solving Africa’s food issues. During this Summit, Dr. Adesina was instrumental in developing the “Abuja Declaration on Fertilizer for the African Green Revolution,” whereby the participants stated their commitment to the “eradication of hunger in Africa, by 2030.”

Dr. Adesina worked with various banks and international NGOs in order to create an innovative financing system, providing loans to small farmers, providing a way for them to rise out of poverty. This move leveraged $100 million in loans and provided opportunities for small farmers to increase their agricultural productivity, and their income.

Dr. Akinwumi Adesina currently serves as the president of the African Development Bank Group which plays a central role in Africa’s development. As an “economic commander” of Africa, he promotes the “High 5 Strategy” that include: light up and power Africa, feed Africa, industrialize Africa, integrate Africa and improve the quality of life for the people of Africa. As a result of his work, the lives of millions of people throughout Africa have been improved.

He was instrumental in gathering no fewer than 200 leading African political, business, and diplomatic leaders in Johannesburg for the 8th African Leadership Magazine Persons of the Year Award dinner. He was the cynosure of all eyes. Adesina’s achievements shone like a million stars as he was named and honored as the African of the Year 2019, the most popular vote-based third-party endorsement in Africa.

The event which was themed ‘Africa for Africans – Exploring the Gains of a Connected Continent’, brought together dignitaries including South African Deputy President, David D Mabuza, South AfricanMinisters Nkosazana Dlamini-Zuma and Lindiwe Zulu, and Dr. Ken Giami, Publisher of African Leadership Magazine.

In the keynote speech he delivered on the night, Adesina’s passion for the continent was seen as palpable, connecting with the attentive audience. Much as he deserved the honour by every standard, he nonetheless expressed deep humility in being recognised, clasifying his giant strides as ‘modest achievements and contributions to Africa’.

“Humbled to be nominated by what I gather to be 60% of the votes cast by some 1 million people, humbled to be at the helm of an organisation that is making a tremendous difference across Africa – the African Development Bank. An organisation that is daily making prosperity a reality,” he said.

He dedicated the award to his wife, Grace, the Board, staff, and colleagues at the bank, his mother, and “to the young mothers, struggling to bring up a child, to the farmer in search of a better tomorrow, to the youth of Africa longing for a better future, and to Africa’s journalists who risk their lives in helping to tell Africa’s true story.”

Seen as the visionary behind the African Development Bank’s High 5 strategy, he noted that the primary focus of the African Development Bank is “to light up and power Africa, to feed Africa, to industrialise Africa, to integrate Africa, and to improve the quality of life of the people of Africa. Five simple, strategic, and highly focused objectives.” The truth is he has never reneged in achieving the feats.

The African Leadership Magazine Persons of the Year Awards is now the most popular vote-based third-party endorsement in Africa.

Under his leadership, the bank has helped 18 million people get electricity, 141 million people get agricultural technologies, 13 million people get finance through private sector investee companies, 101 million people get improved transport services, and 60 million people get better water and sanitation.

“Africa does not need anyone to believe in her or to affirm her place and position in history. Africa will and must develop with pride. For right on the inside of us, as Africans, lies our greatest instrument of successes: confidence!” Here is a man who loves Africa with an undying passion.

On January 16, 2020, Adesina came face to face with can arguably be termed the greatest challenge of his career if not his life when allegations of ethical breaches were leveled against him by whistleblowers with the backing of the United States of America. The complaint was conveniently leaked paving the way for assault and a smear campaign.

Consequently, a high powered Ethics Committee, comprising Executive Directors representing shareholder nations, deliberated over every single dot and cross of the allegations, and in May 2020 gave Adesina a clean bill of health. In their words, the allegations were frivolous, baseless, and without merit or evidence. The report and conclusive deliberations of the Ethics Committee was subsequently sent to all Finance Ministers, better referred to as Governors of the Bank’s 81 shareholder counties, including the United States for ratification.

Not even one of the allegations stuck, making the originators bow their faces in shame. A cross section of respondents told the Boss that Adesina would have to be removed as President of the Bank and made ineligible for re-election originally scheduled for May 2020 if one allegation has scaled through.

Adesina’s watertight innocent was upheld by almost everyone that has a voice from across his country of birth, Nigeria, and across Africa.

The Nigerian government protested that the governance procedures of the Bank during the investigation were followed to the letter including painstaking analysis of facts, evidence and documents. It noted that the whistleblowers were even prevailed upon to produce any more evidence at their disposal, but they failed they do so. It therefore, wondered at the sudden turnaround of the United States to call for another ‘independent investigation’.

“The Ethics Committee, following three months of work to examine the whistleblowers’ allegations made against the President, dismissed each and every one of the allegations of the whistleblowers against the President as unsubstantiated and baseless.

“The Nigerian Government welcomes this conclusion of the Ethics Committee and the decision of the Chair of the Board of Governors”, the statement read. The probe committee was headed by Takuji Yano, the institution’s Japanese Executive Director.

Towing the line of the Nigeria government, a former President of Nigeria, Chief Olusegun Obasanjo, mobilised former African leaders to the rescue of the embattled president. In a letter, the former leader personally signed and copied about 13 former heads of state, cutting across all regions of Africa, Obasanjo proposed that the leaders jointly issue a press statement to support the laid down procedures embarked upon to evaluate the allegations against the President of the Bank.

Just as the Nigerian government, Obasanjo went further to highlight Adesina’s achievements, noting that under his leadership AfDB “has been actively positioned as an effective global institution ranked fourth globally in terms of transparency among 45 multilateral and bilateral institutions.”

Other achievements include taking bold measures to ensure the bank can respond proactively to support African countries and got its board of directors to approve a $10 billion crisis response facility to support African countries during the thick of the COVID-19 pandemic as well as successfully launching a $53 billion ‘Fight COVID-19’ social impact bond on the international capital market at 0.75 per cent interest rate.”

Africa Leaders, on their part, under the aegis of Concerned African Leaders, released a statement titled Leadership of the African Development Bank: A Need for Caution, announcing their solidarity with Adesina, stating inter alia:

“The African Development Bank is a pride for all of Africa, and its President, Dr. Adesina, has taken the Bank to enviable heights. At this critical time that Africa is battling with COVID-19, the Bank and its President should not be distracted.”

Nigeria’s President, Muhammadu Buhari, personally assured him that he would stand by him, and was so elated at the announcement of his reelection, saying ‘you deserve it’. He also thanked the African Union for its endorsement of Adesina, and to the shareholders of the bank.

Also on the trail of congratulatory messages were former Finance Minister, Ngozi Okonjo-Iweala, Speaker of the House of Representatives, Hon Femi Gbajabiamila among others.

Adesina has been fearless in the discharge of his duties, creating many firsts and stepping on supposedly powerful toes.

“In 2019, he successfully led the Bank’s shareholder General Capital Increase from $93 billion to $208 billion. In the process, he became the first Bank President to take the risk of championing a case for increasing capital for Africa’s development during a first term in office. It was a gambit that paid off in spite of initial strong American opposition.

“In 2018, Adesina championed and helped create the Bank-sponsored Africa Investment Forum which in 2018 and 2019 attracted more than $80 billion in infrastructure investment interests into the continent. This was an unprecedented initiative. The U.S. representative was said to have considered the Forum a departure from the Bank’s original mandate. Some also saw this as an attempt by Adesina to help wean African nations off a dependency on foreign aid. Some critics also suggested that Adesina was attempting to burnish his credentials among African Heads of State via the investment forum.

In the next five years, when his tenure will climax, the accomplished technocrat and reputable entrepreneur is sure to quadruple his achievements of the last five years.

Courtesy: TheBoss

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2027: PIG Projects Tinubu to Win 20 States, Atiku 9, Obi 8

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President Bola Ahmed Tinubu has been projected to emerge victorious in the 2027 presidential election, with a new political forecast giving him 20 states against nine for former Vice President Atiku Abubakar and eight for NDC candidate Peter Obi.

The projection was made by the Political Intelligence Group (PIG) of Politico.ng, which assessed the current political landscape and projected how the three major political figures could perform if the presidential election were conducted under the circumstances prevailing at the moment.

According to the projection, Tinubu would have a clear advantage over his major rivals, although the group acknowledged that the political situation could change significantly before the actual election.

The forecast places Tinubu strongly in the South-West while also giving him important victories outside the region. Atiku is projected to maintain considerable strength across parts of Northern Nigeria, while Obi is expected to retain support in selected areas where he performed strongly during the 2023 presidential election.

Tinubu Projected to Win 20 States

According to PIG, Tinubu is currently projected to win 20 states, making him the leading candidate in the forecast.

The president is expected to dominate the South-West, with all six states in the region projected to fall into his column. The region remains politically significant because of its voting strength and Tinubu’s long-standing political influence there.

Tinubu is also projected to win Lagos State in the 2027 presidential election. This would mark a change from the 2023 presidential election, when Tinubu lost Lagos State to Peter Obi.

The latest projection says that Tinubu would regain the state in 2027. Lagos has been central to his political career and remains one of the country’s most important electoral territories.

The inclusion of Kano among the states projected to go to Tinubu is one of the more striking aspects of the forecast. Kano is one of Nigeria’s largest states by voting population and has traditionally been an important battleground during presidential elections.

A victory in Kano would provide Tinubu with a major northern foothold and could strengthen his ability to build a broad national coalition beyond his traditional South-West base.

Tinubu’s eventual performance, however, could depend heavily on how Nigerians assess his administration by 2027.

Economic conditions, inflation, employment, security, infrastructure and the cost of living could influence voters’ decisions. The administration’s policies and its ability to communicate its achievements may also become important campaign issues.

Religion and ethnicity could also play a role in the political calculations. Nigeria’s voting patterns are sometimes influenced by regional, ethnic and religious considerations, although these factors compete with economic and political issues.

Atiku Projected to Win 9 States

PIG projects that Atiku Abubakar would win nine states in the 2027 presidential election.

The former vice president is expected to perform strongly in Northern Nigeria, with Kaduna State projected to go to him alongside several states in the North-East and North-West.

Atiku’s strength in the region could be connected to his established political network and his previous presidential campaigns. His ability to mobilise support across northern states could make him one of Tinubu’s strongest competitors in the region.

Another issue that could influence Atiku’s support is his position on fuel subsidy.

Atiku has advocated a review of the current fuel subsidy policy and has spoken about measures aimed at reducing the burden of petrol prices on Nigerians. If the high cost of transportation and living remains a major concern by 2027, such a promise could appeal to voters who want immediate relief from rising household expenses.

However, the fuel subsidy debate is likely to be more complicated than simply promising cheaper petrol.

Voters may want to know where the money required to fund the subsidy would come from and whether restoring or expanding the policy would be financially sustainable. Questions surrounding government revenue, public spending and the opportunity cost of subsidy payments could therefore become major campaign issues.

Religion and ethnicity may also influence Atiku’s support in some areas, particularly where regional identity remains politically important. However, these factors cannot be assumed to determine how every voter will behave.

The strength of Atiku’s campaign could ultimately depend on whether he can combine his northern support with meaningful backing from other parts of the country.

Obi Projected to Win 8 States

Peter Obi is projected to win eight states, according to the Politico.ng forecast.

The projection also places the Federal Capital Territory in Obi’s column. Edo State is another state where the Labour Party candidate is expected to emerge victorious.

Obi’s projected support reflects the political base he developed during the 2023 presidential election, when he performed strongly in several parts of the country.

His campaign has continued to appeal particularly to voters seeking political change and a different approach to governance. Economic management, accountability, public spending and the need for greater efficiency in government are likely to remain central to his political message.

However, Obi’s challenge could be expanding his support beyond the areas where he has historically performed strongly.

The 2027 election is expected to be highly competitive, and the emergence of new political alliances could significantly change the distribution of votes.

If opposition parties eventually cooperate or form a coalition, the calculations surrounding Tinubu, Atiku and Obi could change dramatically. Likewise, defections, the choice of running mates and the strength of party structures could influence the final outcome.

Religion and ethnicity could also feature in the contest, particularly as politicians seek to build geographically and demographically balanced tickets. Nevertheless, voters could also prioritise issues such as economic hardship, security, employment and government performance.

Projection Could Still Change

PIG’s forecast should not be interpreted as the final result of the 2027 presidential election.

The group reportedly indicated that if the election were held in September under the political circumstances currently prevailing, the APC would win.

Under that scenario, Tinubu would secure 20 states, Atiku would win nine, while Obi would take eight.

However, the actual election is still ahead, giving the major political players considerable time to change the current political equation.

The economy could improve or deteriorate. Petrol prices could become a bigger or smaller issue. New alliances could emerge, and candidates could gain or lose popularity.

The debate over fuel subsidy could become particularly important if Nigerians continue to struggle with transportation costs and the broader cost of living. Atiku’s position could therefore become a significant campaign talking point, while Tinubu would likely defend the economic direction of his administration.

Beyond economic issues, regional interests, religion, ethnicity and political identity are likely to remain part of the broader electoral calculations.

For now, however, the Politico.ng projection places Tinubu in the strongest position with 20 states, followed by Atiku with nine and Obi with eight.

The coming months and eventual campaign season will determine whether those numbers remain intact or whether Nigeria’s political landscape produces another major realignment before voters finally head to the polls in 2027.

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Stakeholders Tackle Moral Decadence at Ikorodu School Summit & Awards 2.0

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The Homat Megalite Event Centre, Igbogbo Road, Ikorodu, was filled to capacity penultimate Friday as Bottomline Media hosted the 2nd edition of the Ikorodu School Summit & Awards

With the theme, “Combating the Menace of Poor Orientation and Moral Decadence in Society,” the summit brought together students, teachers, school owners, parents, faith leaders, and security chiefs for a day of truth-telling, awards, and renewed commitment to rebuilding values in the society.

Supported by Education District II and LASUBEB, the summit has quickly become one of Ikorodu’s most important platforms for education, character, and community security.

The event recorded a strong presence from Nigeria’s security institutions. The Lagos State Commissioner of Police, CP Fatai Taiwo, was represented by the Area N Area Commander, Ijede, with the DPO, Igbogbo Police Station, CSP Akinola Clement who deployed full police security for summit also in attendance.

Speaking on behalf of the CP, the Area Commander commended Bottomline Media for the initiative and said there is an urgent need to “start early in educating the younger ones on moral uprightness.”

“An intelligent student without purpose and character will become an intelligent criminal,” he warned. He challenged society to pay more attention to values than to criminal success. “We celebrate criminal success at the expense of values. That must change if we want a safer Nigeria.”

The National Drug Law Enforcement Agency, NDLEA, Ikorodu Area Command, led by DCN Jonax David, delivered a hard-hitting lecture on the dangers of illegal and abusive drugs. The agency linked drug abuse directly to moral decadence and rising crime rates across the country.

NDLEA called on parents, schools, religious leaders, and teachers to do more in prevention and early intervention. The session left students asking questions and teachers requesting follow-up sensitization in schools.

Guest Speaker, Pastor Lanre Temenu, Pastor, Chapel of Transfiguration, COT Solution Centre, LASUTECH, anchored the moral conversation. His message on discipline, purpose, and right orientation resonated with audience who filled the hall from various discipline.

Dr. Henry Obidi anchored the programme with professionalism and energy, ensuring the day ran seamlessly from opening to the final award.

Proprietor of Homat Schools, Alhaji Olawale Amusa, hosted the summit at the Homat Megalite Event Centre, providing the venue that made the large turnout possible.

The awards segment was the emotional high point. Seven Prominent individuals and institutions were honoured and received a full 60-second standing ovation from the audience.

60-Second Standing Ovation Honorees
1. CP Fatai Tijani: Commissioner of Police, Lagos State Command
2. Lagos State Ministry of Education
3. Lagos State Ministry of Information & Strategy
4. Femi Falana, SAN , Legal luminary
5. Hon. Jimi Benson Member, House of Representatives, Ikorodu Federal Constituency
6. Senator Mukhail Adetokunbo Abiru, Senator, Lagos East Senatorial District
7. Ikorodu Division Peace & Security Initiative, Ikorodu

Champion of Moral Excellence & Societal Values Award
1. Lawrence Obilana: Proprietor, Meaning Resources School
2. Owenaze Blessing Ella: Managing Director, Unique Prella Schools
3. Pastor Lanre Temenu: Pastor, Chapel of Transfiguration, COT Solution Centre, LASUTECH
4. Princess Mulikat Fehintola Sanni, CEO, Mulifelong Motors

Excellence Recognition Award
Hon. Deen Sanwola, Mrs. Eyitayo Mojisola Olawunmi, Alhaji Taiwo Abiodun Odumbo, Dr. Henry Obidi, Alhaji Olawale Amusa.

Dr. Hakeem Babatunde Shittu: Executive Chairman, LASUBEB, Mr. Adesegun Ogundeji – Director of Public Affairs, Ministry of Information & Strategy, Dr. Bishop Joseph Edoro, Mr. Omotayo Layemo Sanni – Tutor-General/Permanent Secretary, Education District II, Hon. Mobolaji Abubakre Ogunlende, DCN Jonax David – Area Commander, NDLEA Ikorodu, and Engr. Mukadas Opeodu.

Education & School Excellence Awards
1. Miss Oyebode Sekinat Kofoworola, Civil Service Senior Model College, Igbogbo – _Outstanding Teacher of the Year_
2. Government Senior Model College, Owutu – _Outstanding Secondary School in Output_
3. Miss Alabi Taiwo Patience, Ikorodu Junior Grammar School – _Best Innovative School_
4. Lagos State Girls Junior Model College, Agunfoye – _Outstanding School with Best Learning Environment_
5. Mrs. Bolanle Moronkola Esho, Lagos State Civil Service Junior Model College, Igbogbo – _Best Education Administrator_

From the packed hall to the interactive Q&A, the summit achieved its goal: to confront poor orientation head-on and equip the next generation with character to match their intelligence.

Arthur Igbolaju Richard, Convener, Ikorodu School Summit & Awards 2.0 and CEO, Bottomline Media, said the goal is to make the summit an annual movement. “When students hear from the Police, NDLEA, Lawyers, teachers, and faith leaders in one room, the message is clear: society is watching, and society cares. We will keep building this table.”

With Education District II, LASUBEB, NDLEA, and the Nigeria Police on board, Ikorodu School Summit & Awards 2.0 ends as more than an event. It ends as a call to action.

#IkoroduSummit2.0 #ValuesFirst #BottomlineMedia

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Wema Bank Unveils ‘The Evolution’ As New Jingle for ALAT

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Wema Bank has introduced a new jingle to mark the next phase of its digital banking journey, tagged the ALAT: The Evolution jingle. Designed to capture the energy of a smarter and more seamless banking experience, the jingle is bright, catchy, and full of life. It reflects a platform built to simply work, pairing sound with innovation as ALAT: The Evolution steps forward with enhanced features and a refreshed user experience.

Everyday banking can often feel routine or even stressful, with multiple steps and delays slowing things down. The ALAT: The Evolution jingle reimagines that experience with a lively and confident tone that mirrors the app’s capabilities. From voice banking with SAW to Tap and Pay and bank uptime prediction, each feature is echoed in the rhythm and flow of the sound. It brings to life the speed, convenience, and reliability that define this new phase of ALAT: The Evolution.

 

More than just music, the ALAT: The Evolution jingle represents a clear statement of intent. It signals a shift towards banking that feels natural, responsive, and in tune with the user. As customers update their app and explore ALAT: The Evolution, the jingle serves as a reminder that a better, smoother way to bank is already here. Wema Bank is not just evolving its technology; it is shaping how banking feels.

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