Retail
  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy
No Result
View All Result
Premium Politics
No Result
View All Result
Home News

Why AfDB’s Adesina won’t contest for Presidency

by Agency Report
May 17, 2022
in News
Reading Time: 2 mins read
Groups pick N100m APC forms for AfDB President

Akinwumi Adesina

0
VIEWS
Share on FacebookShare on Twitter

The President of the African Development Bank, Akinwunmi Adesina, will not be contesting the Presidency of Nigeria, Premium Politics confirm.

A support group had purchased and submitted the N100m Presidential form of the All Progressives Congress for the top banker last week.

YOU MAY ALSO LIKE

Chief of Staff: Be patient, Gbajabiamila tells Nigerians

Tinubu meets Lawan, Gbajabiamila, in Abuja

Some had also reported that Adesina visited Mamman Daura, the influential nephew of the President, Major General Muhammadu Buhari (retd.) last week to seek his support.

But Premium Politics confirmed that Adesina will not be taking part in the Presidential screening of the APC slated for May 23.

Adesina’s office is expected to issue a statement in a few hours distancing himself from Nigeria’s partisan politics.

The AfDB regulations bar its President from partisan politics.

Specifically, Paragraph 2 of Article 38 of the agreement establishing AfDB, titled ‘Prohibition of Political Activity; the International Character of the Bank’, states that “The Bank, its President, Vice Presidents, officers and staff shall not interfere in the political affairs of any member (country); nor shall they be influenced in their decisions by the political character of the member (country) concerned.”

Paragraph 3 of the article states that, “The President, Vice Presidents, officers and staff of the Bank, in discharge of their offices, owe their duty entirely to the Bank and to no other authority.”

Similarly, the AfDB code of conduct bars its executive from partisan politics. Section 10 of the Code reads: “Although Executive Directors are elected representatives of governments from their constituencies, they shall during their tenure of office as executive directors refrain from participating in active politics in their home countries or elsewhere.”

Should Adesina seek to run for the office of President of Nigeria, he would need to resign his current position permanently, a risk it was learnt the top banker was not willing to take.

There are at least 25 other aspirants running for President on the platform of the APC.

Some of them include: APC stalwart, Bola Tinubu; Vice-President Yemi Osinbajo; former Transport Minister, Rotimi Amaechi; Senate President Ahmad Lawan; oil mogul, Tein Jack-Rich; Senator Ajayi Boroffice; Governor Yahaya Bello of Kogi State; Governor Badaru Abubakar of Jigawa State and many others.

Tags: 2023APC
ShareTweetSend
ADVERTISEMENT
Previous Post

South-West, South-South presidential aspirants selfish, greedy –Orji Kalu

Next Post

Deborah’s killing senseless, justice must be served – UN deputy secretary

Related Posts

VIDEO: Femi Gbajabiamila reacts to Chief of Staff reports
News

Chief of Staff: Be patient, Gbajabiamila tells Nigerians

June 1, 2023
Tinubu meets Lawan, Gbajabiamila, in Abuja
News

Tinubu meets Lawan, Gbajabiamila, in Abuja

June 1, 2023
Plateau Assembly suspends all LG chairmen
News

Plateau Assembly suspends all LG chairmen

June 1, 2023
Kogi Assembly holds members-elect induction course
News

Kogi Assembly holds members-elect induction course

May 31, 2023
Again, Plateau police seal Assembly complex
News

Again, Plateau police seal Assembly complex

May 31, 2023
Femi Adesina
News

Femi Adesina gets new job at The Sun newspaper

May 31, 2023
Next Post
Deborah’s killing senseless, justice must be served – UN deputy secretary

Deborah's killing senseless, justice must be served - UN deputy secretary

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Joe Biden falls

Joe Biden falls at US Air Force Academy graduation

by Alade Abayomi Adeleke
June 1, 2023

Peter Mbah

No more sit-at-home in Enugu, says Enugu gov

by Alade Abayomi Adeleke
June 1, 2023

Asiwaju Bola Tinubu

PHOTOS: Tinubu receives service chiefs

by Kazeem Owoseni
June 1, 2023

How I was forced to sign Kogi presidential poll result – Witness

How I was forced to sign Kogi presidential poll result – Witness

by Marcus Amudipe
June 1, 2023

Premium Politics

© 2023 Premium Politics

Navigate Site

  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • News
  • 2023 election
  • Governance
  • National Assembly
  • Presidency
  • Foreign
  • Privacy Policy

© 2023 Premium Politics

Go to mobile version