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Osinbajo urges bank to adopt pro-poor policies

02 September 2015, 16:20

Abuja - The Vice President Yemi Osinbajo has appealed to the African Development Bank (AfDB) to maintain policies to address the continent’s socio-economic problems.

He spoke in Abidjan, Ivory Coast where his countryman, Dr Akinwunmi Adesina, assumed the presidency of the institution.

Osinbajo expressed optimism that the bank, given its recent achievements under the immediate past President, Donald Kaberuka, could significantly assist Africa address some of its problems.

He said under the new leadership of Dr Adesina, the AfDB needs to redouble its efforts in addressing the needs of these fragile areas, through institutional support, emergency assistance, and bold pro-poor interventions in health, education and agriculture.

He therefore urged the new AfDB President “to focus on how economic policy can produce economic empowerment for women, and all categories of our people who have become disempowered and whose voices are seldom reflected in the rhetoric of policy.

Also read: Adesina assumes reins at AfDB

Meanwhile, Osinbajo led a strong Nigerian delegation to the swearing in of Adesina.

Among these are Governor of Kano State, Dr Umar Ganduje; Governor of Taraba State, Darius Ishaku; Governor of Sokoto State, Aminu Waziri Tambuwal; former Governor of Ekiti State, Dr Kayode Fayemi; Governor of Central Bank, Godwin Emefiele; former Minister of Finance, Ngozi Okonjo-Iweala, and Nigeria's Ambassador to Cote D'Ivoire, Ifeoma Akabogu Chinwuba.

Many captains of industry in Nigeria and around the continent also graced the event alongside some members of the National Assembly.

Adesina, Nigeria's immediate past Minister of Agriculture, becomes the eighth President of the AfDB and the first Nigerian to occupy the office since the creation of the Bank in 1963.

He took over from Donald Kaberuka who served for 10 years until earlier this year.

- CAJ News


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