President Muhammadu Buhari has congratulated Akinwumi Adesina for his re-election for the second term in office as the President of the African Development Bank, AfDB.
Mr Adesina was first elected President of the Bank on May 28, 2015 and would begin his new term of another five years on September 1.

In his congratulatory message posted on his verified Twitter handle on Thursday, President described Mr Adesina’s re-election as a well-deserved victory.

Mr Buhari said: “I have no doubt that in this second term Dr. Adesina will accomplish even more of his lofty vision for the Bank.
“I thank the African Union for its early endorsement of Dr. Adesina, and also thank the shareholders of the bank who worked tirelessly for his re-election victory.

“Let me reiterate my earlier pledges of the full support of the Nigerian government to ensure a successful second term for Dr. Adesina.

“I pray that the Almighty God will continue to strengthen him and his team to deliver even greater development to the African continent.”
Recall that Mr Adesina was re-elected with 100 per cent votes of all regional and non-regional members of the Bank.

The Chairperson of the Board of Governors of the Bank, Niale Kaba announced this after the election conducted virtually on Thursday.
Mrs Kaba had said she was delighted that the Board of Governors had re-elected Adesina for a second term in office.

“As shareholders, we strongly support the Bank and we will give him all the necessary support to carry forward and implement his compelling vision for the Bank over the next five years,” she had said.

Recall also that the AfDB president had on Wednesday said the Bank achieved impactful results on the lives of 335 million Africans, including 18 million people with access to electricity,  while 141 million people benefited from improved agricultural technologiesfor food security.
According to him, 15 million people have access to finance from private investments, 101 million people provided with access to improved transport and 60 million people gained access to water and sanitation.
The Bank has maintained its AAA-ratings by all major global credit rating agencies for five years in a row while the Board of Governors of the Bank Group approved a 125 per cent increase in the General Capital of the Bank.

The capital rose from 93 billion dollars to 208 billion dollars, the largest in the history of the Bank.