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Thursday, March 23, 2023

JUST IN: Count me out of presidential race, says Akinwumi Adesina

President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has ruled himself out of the 2023 Presidential race in Nigeria.

Adesina made this known in a statement released on Tuesday May 17, 2022 after months of calls for him to join the race.

A group had earlier been reported to have purchased the N100,000,000 All Progressives Congress (APC) presidential nomination and expression of interest forms for him.

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The statement partly reads: “While I am deeply honoured, humbled and grateful for all the incredible goodwill, kindness, and confidence, my current responsibilities at this time do not allow me to accept to considered,” the statement read in part.

“I remain fully engaged and committed to the mission that Nigeria, Africa, and all the non-African shareholders of the African Development Bank have given me for Africa’s development.

“I remain fully focused on the mission of supporting the accelerated development and economic integration of Africa.”


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Dr. Adesina is currently in his second tenure as President of the AfDB. He was re-elected to the position on August 27, 2020 during the bank’s 55th Annual Meetings. He started his second term on September 1 that same year.

A globally-renowned development economist, a World Food Prize Laureate and Sunhak Peace Prize Laureate, Dr Adesina has distinguished himself in driving a bold agenda to reform the bank and accelerate Africa’s development.

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He was first elected as President of the AfDB on May 28, 2015 and is the first Nigerian to occupy the post.

Meanwhile, the APC presidential special convention is slated to hold between May 30 to June 1, 2022.

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