President Shehu Shagari, an unlikely nationalist, sensibly expressed his foreboding that Africans should own the African Development Bank in 1981. Now, the chickens have come home to roost. Allowing the Western world to hold significant shares in the bank was a strategic blunder and a surrender of the vital lever of economic development. The mistake was complete when the board of AfDB, in its resolution, overruled Shagari in 1983. Adesina is the first Nigerian to head the bank and all the fluff presently surrounding him is about his plan to wean Africa from consumption and jumpstart production. Apart from the proclivity of President Trump to upend and rip apart every world order that has brought relative peace and prosperity to nations, the conspiracy to oust Adesina is disrespect served to Nigeria a là carte. Click the link below to read more.
https://opinion.premiumtimesng.com/2020/06/02/akinwumi-adesinas-travails-and-the-failure-of-the-post-colonial-state-by-bamidele-ademola-olateju/
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