President Muhammadu Buhari congratulates the President of African
\nDevelopment Bank (AfDB), Dr Akinwunmi Adesina, Board of Governors and
\nmembers of staff on historic increase of its capital from $93 billion to
\n$208 billion, placing the multilateral institution on a stronger
\npedestal to drive growth and development on the continent.<\/p>\n
President Buhari joins shareholders of the Bank and African Heads of
\nState and governments in celebrating the feat, which clearly
\ndemonstrates the quality of leadership at the helm of affairs, and the
\ntechnical expertise that has been steadily pushing reforms for a smart
\nand nimble institution focused on alleviating poverty.<\/p>\n
The President felicitates with the leadership of the Bank for numerous
\nreforms undertaken to reposition the institution for current global
\nrealities and the peculiar needs of the African continent, commending
\nthe visionary policies that have started yielding results in providing
\nelectricity, financing and modernizing agriculture, encouraging
\nindustrialization, integrating Africa and improving the livelihoods of
\nmany.<\/p>\n
With the historic approval of $115 billion by the Board of Governors,
\nwhich will buoy the Bank’s operations and reach, the President extols Dr
\nAdesina for brilliantly and diligently taking the AfDB to new heights of
\nachievements, and inspiring confidence that, indeed, the Sustainable
\nDevelopment Goals (SDGs) and the African Union Agenda 2063 are
\nrealisable.<\/p>\n
President Muhammadu Buhari congratulates the President of African Development Bank (AfDB), Dr Akinwunmi Adesina, Board of Governors and members of staff on historic increase of its capital from $93 billion…<\/p>\n","protected":false},"author":1,"featured_media":70247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-70246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n