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Businessman, Leno Adesanya Petitions Buhari over Mambilla Hydropower Project…Reveals How Mallam Abba Kyari Selected Three Chinese Contractors & Approved $5.8 Billion Contract Without Due Process

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By Michael Effiong

While top Presidency officials have been mentioning the takeoff of the Mambilla Hydropower Project as one of President Buhari’s achievements, we now have incontrovertible evidence that the project will not start anytime soon.

A petition written by businessman , Leno Adesanya, exclusively obtained by The Boss Newspapers revealed that the project has been stalled because of a breach of contract matter that had led to international arbitration in Paris, France.

It is obvious that until this matter is settled, the dream of turning the Mambilla into a power generating plant will remain a mirage.

In the petition, Mr Leno Adesanya revealed how his company, Sunrise Power and Transmission Company Limited was removed as a local content partner to the project and how Chief of Staff to the President, Mallam Abba Kyari ignored both the Attorney-General of the Federation and the Vice President to take a unilateral decision on the project.

Mallam, the petition alleged, invited three Chinese companies: Sinohhydro Corporation of China, China Ghezouba Group Corporation of China and China Geo-Engineering Group Corporation to the presidency and instructed them to form a joint venture for the execution of the project. He then awarded the $5.8m contract to them.

Mr Adesanya also stated that the FGN Nigeria lost an eye-popping $9billion in damages for breach of contract to Process & Industrial Development Company Of the UK in 2017, and will lose another $2.3billion if there is no amicable resolution as agreed by the Chinese company Sinohydro.

According to Mr Adesanya, Mr President can save the project from being enmeshed in another controversy as it occurred during the government of President Yar Adua where a Presidential adviser allegedly took millions of dollars in bribes, and eventually led to the removal of the official and the termination of the $1.46b civil works contract.

This is a riveting story of high wire politics and influence peddling that completely negates the anti-corruption stance of the Buhari administration.

The petition addressed to President Buhari and dated November 18, 2018, titled Re: Proposed Amicable Resolution in respect of ongoing $2.3 billion ICC Arbitration in Paris between Sunrise, Federal Government of Nigeria (the “FGN”) and Sinohydro Corporation states:

“As a result of numerous attempts to fraudulently divert billions of dollars from the 3050MW Mambilla hydropower project (the “Project”) to a 1500MW solar power project, the execution of the 3050MW Mambilla hydropower project has refused to take-off the ground. The reason being, China Exim bank’s insistence of compliance with due process, and terms of the November 2017 EPC contract signed with the Chinese JV Partners.

“Ironically, this fraudulent multi-billion dollar solar power project was rejected by the Federal Executive Council (the “FEC”) on the 16th of August 2017 when it was fraudulently packaged with the Mambilla hydropower project as one project. While the Solar Power project was submitted without any Feasibility studies, Environmental Impact Assessment (EIA) reports, NASS budget approvals, and without any bid process (due process) in the selection of the proposed EPC contractor(s) for both the 3050MW Mambilla hydropower project and the 1500MW Solar Power project.

Abba Kyari

“Your Excellency’s commitment to expeditiously execute the Project in June 2015 was communicated by the Honourable Attorney-General of the Federation, Mr. Abubakar Malami SAN (the “HAGF”) to the Honourable Minister of Power, Works and Housing (the “HMOPWH”) Mr. Babatunde Fashola SAN on the 20th of May, 2016; when the HAGF directed the HMOWPH to comply fully with all existing agreements between the Federal Government of Nigeria (the “FGN”) and Sunrise; basically the out-of-court Settlement, and the General Project Execution Agreement(s) of November 25th 2012.

“However, on the 25th of May 2016, Your Excellency’s Chief of Staff, Mallam Abba Kyari (the “COS”) invited three Chinese companies, Sinohydro Corporation of China (the “Sinohydro”), China Ghezouba Corporation of China (the “CGGC”), and China Geo-Engineering Group Corporation (the “CGCOC”) to the Presidency, and instructed them to form a joint venture for the execution of the Project. Sinohydro, CGGC and HMOPWH informed the COS of existing agreements with Sunrise, and recent directives from Your Excellency, as communicated by HAGF. The COS insisted on his earlier instructions and threatened to deal ruthlessly with Sunrise, or anyone who interferes in the Project.

“In view of the Presidency’s invitation for CGCOC (formerly CGC) participation in the Project, we petitioned Your Excellency, HMOPWH, and HAGF in April 2017 with evidence of previous corrupt practices CGC in May 2007 when they paid millions of dollars to a very senior Presidency official to enable CGGC/CGC sign a $1.46 billion Mambilla Civil Works contract on the 28th of May, 2007, as one of the $16 billion Nigerian Integrated Power Project (the “NIPP”) power projects. CGC made this confession to then President Umaru Musa YarAdua GCFR in February 2008 while on a State visit to China, while the senior presidency official admitted to then President YarAdua of collecting the bribe, which led to the termination of the contract, and removal of the official from the Presidency in 2008.

“On the 22nd of May, 2017, Your Excellency’s COS instructed the HMOPWH to “remove Sunrise from the Mambilla hydropower project, and instructed that CGGC, CGCOC and SINOHYDRO would execute the Project”.

“Bearing in mind that Your Excellency was on medical vacation in the UK, and Professor Yemi Osinbajo SAN GCON was the Acting President, we petitioned then Acting President, and the HAGF in respect of the constitutionally powers of the COS to approve N2 trillion or $5.8 billion contract in your absence, and without Due Process.

On the 24th of July, 2017, the HAGF reacted to our petitions by advising then Acting President Professor Yemi Osinbajo SAN GCON to totally ignore the instructions of the COS, and advised that the HMOPWH should sign the $5.8 billion EPC contract with Sinohydro and CGGC (50/50), with Sunrise as the Local Content Partner to the Project.

On the 10th of November, 2017, the HMOPWH signed the $5.8 billion Mambilla hydropower EPC contract with CGGC, CGCOC and SINOHYDRO.

“As a result of this illegality, we commenced arbitration proceedings against the FGN and SINOHYDRO Corporation of China at the International Chamber of Commerce (the “ICC”) in Paris.

In February 2018, Sinohydro (owned by the Chinese Government with over $3 trillion in foreign reserves) filed a request for an amicable resolution with Sunrise.

In light of the recent, irreversible arbitration ruling delivered against the FGN in the UK and the United States for Nigeria to pay at least $9 billion in damages to Process and Industrial Development Company in the UK (the “P&ID) for breach of contract. Our lawyer, Chief Femi Falana SAN held discussions with Your Excellency in July 2018 to explore avenues for an amicable resolution, and prevent another $2 billion in damages against the FGN.

“ As a result, Your Excellency expressed your full support and approval for expeditious settlement of the dispute with Sunrise, and if possible, “in line with Your Excellency’s directive to HAGF in 2016”.

In light of the above, and the need to urgently communicate a settlement to the Paris Arbitral panel, we hereby seek Your Excellency’s approval for the following Prayers:

A: Compliance with the 24th July legal recommendation of HAGF to then Acting President Professor Yemi Osinbajo SAN GCON, with the signing of a new $5.8 billion EPC contract between SUNRISE/CGGC 50%, SUNRISE/SINOHYDRO 50%, with SUNRISE as the exclusive Local Content Partner to the Project.

B1: Immediate release of 15% ( US $870,000,000.00) Counterpart funds to China Exim bank on behalf of SUNRISE, CGGC and SINOHYDRO.

OR

C: Approval for the Nigerian Sovereign Investments Authority (the “NSIA”) to immediately negotiate our Paris arbitration claims, and make payments on terms and conditions that are mutually acceptable.

D: A meeting with Your Excellency, and respectfully, the Vice President, HAGF, NSIA HMOPWH, ICPC, EFCC, and the Chinese JV Partners, and the Chinese Ambassador to Nigeria, to discuss the corruption and fraudulent practices delaying the execution of the Project, bearing in mind the Chinese zero tolerance on corruption, and Your Excellency’s strong and against corruption.

This letter was copied to Professor Yemi Osinbajo SAN GCON, Vice President, Federal Republic of Nigeria and Mr. Abubakar Malami SAN

Honourable Attorney General of the Federation and Minister of Justice Federal Republic of Nigeria

Interestingly, it is not only Mr. Adesanya that has frowned at this breach by the Nigerian government. On September 29th, 2018, the three Chinese companies writing through the Project Manager, He Younjun stated that they disagreed with the tripartite financial agreement and that the changes would affect the project seriously.

According to the letter which was copied to Mr Babatunde Fashola, the Honourable Minister, FMPW&H, Permanent Secretary (Power Sector) FMPWH, Director (Energy Resources, FMPW&H and Director, (Legal), FMPW&H, “The Tripartite Agreement (hereinafter referred to as The Agreement) is inconsistent with the subject matter. The subject matter is a financial agreement but the essence of the agreement is the Employer assigns the EPC Contract of 3050 MW Mambilla Hydroelectric Power Project (Hereinafter referred to as the EPC Contract) to MHDC owned by the NSIA (Nigeria Sovereign Investment Authority).

“This kind of agreement is absolutely unacceptable. The reasons are as follows:

.The agreement is deeply against the EPC Contract. For example, the change of the Employer, the change of the scope of work of the contractor, the definition of the ER here do not list respectively

.The EPC Contract signed by the Employer and the contractor has been submitted to China Financial Institutions for review and had been accepted by them. The Agreement involves changes in the signing of the EPC Contract. The Chinese Government and financing institutions will re-evaluate the financing due diligence of the legality of the financing entity of the project. The process of evaluation will be protracted and affect the financing of the Project seriously.

3 The Employer has the right to choose any suitable financing method for pre-commencement activities. The Contractor has no objection to it. However, the financing method should not affect the legality and validity of the EPC Contract

4. In response to the Employer’s request to launch the PCA as soon as possible. The Contractor suggests the Employer to sign an additional agreement with the Contractor to define the work scope, duration and payment method of the PCA in order to promote progress as scheduled.

5. Your urgent instruction is expected, the Contractor will promote the process according to instruction.

Mr Uche Orji, the MD/CEO of the Nigeria Sovereign Investment Authority ( NSIA ) on October 25th 2018 on receipt of the letter from the Chinese companies convened a meeting at his office.

He noted that at the meeting ‘The EPC Contractor informed NSIA that the Tripartite Agreement (The Agreement) issued by NSIA was not acceptable stating that the Agreement goes against the EPC Contract agreed with Ministry. They claimed that the Agreement involves changes in the signing parties of the EPC Contract and therefore would affect the financing of the project.

“To this end, NSIA requested an all parties meeting immediately, consisting of the EPC Contractors and the Ministry. We have also requested all correspondences between the Ministry and the EPC Contractors in relation to the project to better understand the challenges to their objection of the Tripartite Agreement.

“As the Honourable Minister may recall, the Agreement is a key condition precedent for NSIA to proceed with the implementation of the Project”.

Mr Orji then requested a meeting to be held in his office with the Ministry, the EPC Contractor and any other interested parties.

From all indications the Mambilla Hydro Power Plant Project is entangled in a web of controversies that is so thick that it will take a miracle to get it up and running before the present government concludes its first term.

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HLF Honours Olufemi Adelowo with Prestigious Leadership Award

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By Eric Elezuo

It was a moment of glory when at the Oriental Hotels in Victoria Island,  renowned Consultant Rheumatologist, who doubles as a medical professor and consultant physician, Prof Olufemi Oladipo Adelowo, was honoured for excellence in medical practice and public health leadership, by the Hall of Labour Foundation (HLF), during its 28th year anniversary.

In his opening remarks at the awards, the HLF chairman, an international citizen of repute, who is a former Secretary General of the Commonwealth, Chief Emeka Anyaoku, praised Adelowo and other honourees for their lifelong dedication to national development.

Also commending Adelowo and his colleagues, the HLF Executive Secretary Mrs Patricia Otuedon-Arawore described the honourees as “real models” whose legacy would inspire younger generations.

“The more we do this, the more I wonder why people say Nigeria is not a good country,” she said. “Every year, we discover more and more role models across different fields. That should tell us that Nigeria is full of good people doing great things.”

A physician of immense abilities, Adelowo’s recognition is premised on his efforts, and desire to continue to affect humanity, and leave a lasting impact, while maintaining his pedigree as West Africa’s first Rheumatologist.

According to the organizers, in a letter signed by Otuedon-Arawore, Prof Adelowo’s award is predicated on his established track of outstanding contributions in the field of medicine.

The letter further noted that “this has set him apart as a great Nigerian role model”.

Adelowo will be crowned with his honours at the 28th anniversary celebration of the Foundation scheduled for May 28, 2025 at the Oriental Hotel, in Victoria Island, Lagos.

The medical expert is not new to awards and honours, however, as he has constantly amassed recognition every step of the as a result of his timeless researches, innovations and discoveries.

It would be recalled that not too long ago, The Ogbomoso Pivotal Club, a group of astute professionals, academics and entrepreneurs, celebrated the first Rheumatologist in West Africa, in addition to calling  on the Federal Government to recognise Prof. Adelowo with National Honour for making the country proud.

Prof. Adelowo was recognised for his exceptional contributions to the field of Rheumatology with the prestigious APLAR Master Award, conferred by the Asia Pacific League of Associations for Rheumatology (APLAR), making him the first African to be so bestowed.

A distinguished Ogbomoso-born scholar,  Adelowo received the award fro APLAR in recognition of his remarkable contributions to rheumatology, particularly in teaching, research, and professional service within the APLAR region.

Adelowo is a medical expert of repute, described as a Professor of Medicine, Consultant Physician, and Rheumatologist. He has held numerous academic and leadership roles both locally and internationally.

He served as the President of the African League of Associations for Rheumatology (AFLAR) from 2014 to 2019 and as chairman of the Executive Committee of the International League of Associations for Rheumatology (ILAR) from 2015 to 2016.

Throughout his career, Prof. Adelowo has made a significant impact in Nigeria and beyond, establishing rheumatology clinics at the University of Ilorin Teaching Hospital, Olabisi Onabanjo University Teaching Hospital, Lagos State University Teaching Hospital (LASUTH), and University of Lagos Teaching Hospital (LUTH). He has supervised over 30 FMCP and FWACP dissertations and trained more than 55 rheumatologists in Nigeria, three of whom are now Professors. Additionally, over 25 of his trainees are consultant rheumatologists in Nigerian teaching and specialist hospitals, while 15 others practise in the USA, Canada, the UK, and Kenya.

The Ogbomoso Pivotal Club, had also at a special event in Lagos, honour and presented Prof Adelowo with a special award in recognition of his achievements and as an inspiration for younger generations to follow in his footsteps.

Describing the Professor at the event, President of the Club, Joel Owoade, said Adelowo was an exemplary leader whose dedication, commitment, and hard work have made him a model for others.

“Professor Adelowo is a shining light, and we are proud to be associated with him. We will continue to celebrate him and others who are making Ogbomoso and Nigeria proud in their careers and service to both the nation and the international community,” Owoade said.

Adelowo’s career path is captured as follows:

Bachelor of Medicine, Bachelor of Surgery, University Ibadan, Nigeria, 1973

FMCP, Nigerian Postgrad. Medical College, 1982

Fellowship of the West African College of Physicians, W. African Postgrad. Medical Coll, 1993

Senior house officer UCH, Idaban, Nigeria, 1975-1978, senior registrar Nigeria, 1979-1982

Honorary registrar St. Bartholomew Hospital, London, 1980-1982

Senior lecturer, consultant physician U.I.T.H., Nigeria, 1983-1985

Medical director Adeola Specialist Hospital, Nigeria, 1985-1992

Professor medicine, consultant Ogun State University, Nigeria, since 1992

Chairman Post Graduate Medical College Board of Rheumatology

Examiner Nigerian Post Graduate Medical College, West African College of Physicians.

Prof Adelowo is presently a Consultant with the Lagos State University Teaching Hospital and Arthrimed Specialist Clinic, Ikeja, and he qualifies by scholarship to be addressed as follows: MD, FMCP, FWACP FRCP Edin FRCP (Lond) FAMedS MACR MAPLAR.

The Prof specialises in many foelds of medicine including Rheumatology Osteoarthritis, Arthritis, Rheumatoid Arthritis, Scleroderma, Systemic Lupus Erythematosus, and Autoimmune Disease. He also has 115 Publications, 21,100 RReads as well as 2,144 Citations.

Apart from being a renowned professional, he is also a distinguished family man, and is blessed with children.

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Man of the Year: Adedeji Adeleke Bags More Laurels

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By Eric Elezuo

He is renowned. He is distinguished. He is a symbol of entrepreneurial intelligence. He is a master of laurels, honours and awards. He is the 2024 Vanguard Personality of the Year, among of host of recognitions. He is Dr. Adedeji Adeleke, the Chairman, Pacific Holdings Limited.

With a retinue of friends, family members, colleagues, associates, staff and well wishers, Adeleke, represented by the Deputy Governor of Osun State, Prince Kola Adewusi, stepped on the stage of the the Eko Hotels and Suites, where he was decorated with the personality award for his outstanding contributions to the power sector. His impact in the education sector cannot be overemphasized, as well.

At 68, he still remains one of the most sought after personalities with the milk of human kindness. His philanthropy reverberates across the length and breadth of the African continent, and with a net-worth of over 1.7 billion in United States of American dollars, it is not hard to imagine that the erudite scholar and reputed oil and real estate magnate, Dr. Adeleke, is a force to reckon with in the Nigerian socio-political and economic terrain. It is no wonder therefore, that he was found worthy to wear the prestigious crown of personality of the year.

To many, he is the hitherto unknown ‘Baba Olowo’, as represented by his son, David Adeleke, in his hit song, Emi Omo Baba Olowo, to many others, he is just the father of one of Nigeria’s successful musicians, Davido, and to many others, he is the pathfinder that has helped in paving a path of fruitfulness for the Adeleke family in particular, and the people of Osun State in general.

Ebullient and irrepressibly renowned, Dr. Adedeji Tajudeen Adeleke, a native of Ede in Osun State, was born on March 6, 1957 in Enugu State, to Ayoola Raji Adeleke and Esther Nnenna Adeleke. Growing up with his maternal grandmother, fashioned in him the distinct features of Nigerian-ism thus becoming one of the few Nigerians, who are privileged to savour the true Nigerian originality, boasting of two physical ethnic nationalities – Yoruba and Igbo.

Adeleke’s linage is blessed as his siblings are also movers and shakers of the Nigerian political and economic environments. His elder brother, late Senator Isiaka Adetunji Adeleke, was the first civilian governor of Osun State, and his younger brother, Senator Ademola Adeleke, is the present governor of Osun State.

Fondly called Deji by family members and loved ones, and Chairman by friends and associates, Dr. Adeleke, whose father was a renowned labour leader and activist, in addition to being the Balogun of Ede land and one time Senator of the Federal Republic of Nigeria, is many things one.

Tapping from the Igbo background of his beloved mother and the Yoruba originality of his father, Dr. Adeleke has overtime showcased qualities that stood him out as a believer in the oneness of the country, Nigeria.

Dr. Adeleke lived his early life in Enugu, where he developed inert abilities to mastering business craftsmanship, before moving to Ansar-Ud-Deen Primary School, Surulere Lagos, for his primary education. Thereafter, he proceeded to Seventh-Day Adventist Grammar School, Ede where he graduated from in 1975, obtaining his West African School Certificate in flying colours.

His brilliance, coupled with opportunities, created a leeway for him thereafter to proceed to Western Kentucky University in the United States of America where he distinguished himself in academics and other endeavours, and graduating with a Bachelors degree in Finance in 1979.

A thoroughbred lover of education, Adeleke followed up his bachelors degree triumph with an MBA in 1981 and thereafter a Ph.D. in International Business from Pacific Columbia University, Mills Valley, California in 1983. It is not an understatement to say the proverbial ‘baba olowo’ is well read.

Having completed the academic trilogy, and with undisputable qualifications, Adeleke returned to serve his fatherland in the capacity of a Corps member in the National Youth Service Corps scheme; a clarion call he obeyed with all his being as a true Nigerian.

Armed and totally ready to take on the world, Adeleke ventured into the entrepreneurial world, audaciously establishing a drilling company, Pacific Drilling Company Limited which soon became the brainchild of other entrepreneurial ventures, metamorphosing into Pacific Holdings Limited, with a distinct focus on finances and investments in different sectors of the Nigerian economy, which comprises other groups of companies with diverse biases, including Pacific Energy Limited.

An egghead of no mean abilities, Adeleke is one of few academics, who holds double doctoral degrees, as he was privileged to bag a second Ph.D from the University of Phoenix, Arizona USA, where he studiously laboured for his honours.

His lofty academic sojourns have in more ways than one paved the way for him to conquer the competitive world of entrepreneurship. He is also the founder and Chairman Board of Directors of Pacific Merchant Bank Ltd which later became one of the legacy banks in the guise of present day Unity Bank Plc.

Quintessential in all ramifications, Dr. Adeleke is a philanthropist of note as his foundations and establishments speak volumes of his worth, and what he is capable of doing. Among his many foundations, dedicated to the upliftment of mankind, is the Springtime Development Foundation (SDF), a not-for-profit NGO, which has become a vehicle for the awards of scholarships at all levels of education, and distribution of medical assistance to diverse medical units across board; locally and internationally to meet the needs of needy Nigerians.

Adeleke’s SDF is also the brain behind the establishment of the prestigious Adeleke University Ede, where he is the Pro-Chancellor. In addition, Dr. Adeleke sits on the board of various blue chip companies across the globe.

The man of means through the Springtime Development Foundation (SDF) founded Adeleke University in Ede, Osun State, to ensure less privileged students have access to a quality higher education.

He is known to be not just a father in words, but highly impactful, consciously and unconsciously imparting his children and any other person that crosses his path with his Midas touch of gold. It is said that no one, who had ever crossed his path, leaves the same. Some say he is generous to a fault, and evenly and happily distributes his God-given wealth.

Yes, testimonials abound of those who had come his way, and had a total turnaround in both status and acumen, connecting a meaningful impact to their lives. With his SDF tool, not a few lives have witnessed a turnaround.

Dr. Adeleke is blessed with four children, two males and two females named Adewale Adeleke, David Adeleke (Davido), Sharon and Ashley Coco, from his beautiful wife, Veronica, who died in 2003, and many grandchildren. His children are living examples of his paternal influence as they all have carved a veritable niche and influence for themselves in different areas of human endeavours.

His youngest son, Davido, is a world renowned musician and philanthropist, carting away awards after awards just like his father, in many areas, and living the life of a real chip off the old block with humongous acts of giving that has left many just wondering.

He also has numerous grandchildren among whom are Imade Adeleke, Hailey Adeleke and the newest twins, who are Davido’s children.

Adeleke is a lover of life, and the good things that come with it. As a result, he owns a Bombardier Challenger 605 Business jet and a Bombardier Global Express 6000 for both classic luxury and ease of movement, as an international businessman, who is constantly on the move.

Through his Pacific Energy Limited, Davido’s dad has played a pivotal role in delivering about 15% of the nation’s electricity supply. His visionary leadership is further reflected in the near completion of a $2 billion thermal power plant, poised to become the largest in Nigeria. Adeleke has not relented in providing high class social amenities for the Nigerian populace.

At 68, he could be described as an accomplished husband, father, nationalist and entrepreneur.

We salute your dexterity and pray for more of wealth and health and many more honours and awards to celebrate.

We celebrate you sir!

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The Man, Dr. Akinwumi Ayodeji Adesina

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Dr. Akinwumi Ayodeji Adesina
President and Chairman of the Boards of Directors, African Development Bank Group

Dr. Akinwumi A. Adesina is the 8th elected President of the African Development Bank Group. He was first elected to the position on May 28, 2015, and historically unanimously re-elected in 2020.
Dr. Adesina is a globally renowned development economist and agricultural development expert, with more than 30 years of international experience. He was the first student to graduate with First Class bachelor’s degree in Agricultural Economics from the University of Ife (now Obafemi Awolowo University), Nigeria, in 1981.
He holds a master’s degree (1985) and a PhD in Agricultural Economics (1988) from Purdue University, USA, where he won the Outstanding PhD thesis award for that year. Dr. Adesina also won the prestigious Rockefeller Foundation Social Science Fellowship in 1988, which launched him into his international career.

A bold reformer, as the Minister of Agriculture in Nigeria from 2011-2015, Dr. Adesina turned Nigeria’s agriculture sector around within four years. Under his tenure, Nigeria ended 40 years of corruption in the fertilizer sector by developing and implementing an innovative electronic wallet system, which economically impacted the lives and livelihoods of 15 million farmers by directly providing them with subsidized farm inputs at scale using their mobile phones.

A firm believer in private sector-led growth, Dr. Adesina radically changed the perception of agriculture in Nigeria from ‘subsistence’ to a viable business activity that successfully attracted $5.6 billion in private sector investments. Ultimately, under his leadership, Nigeria’s food production expanded by an historic additional 21 million metric tons.
Prior to his appointment as Minister of Agriculture, Dr. Adesina was the Vice President for Policy and Partnerships with the Alliance for a Green Revolution in Africa (AGRA), where he led several bold and innovative policy and finance initiatives that leveraged over $4 billion in Bank finance commitments to Africa’s agriculture sector. Working with African Heads of State, Ministers of Finance, Central Bank Governors, and leaders in the commercial banking industry and across several African countries, Dr. Adesina successfully led one of the largest global efforts to leverage domestic bank finance for the agricultural sector.

He also previously served as Associate Director and Regional Director for the Southern Africa Office of the Rockefeller Foundation for over a decade.
A prolific writer, Dr. Adesina has authored over 70 scholarly publications on policy, agricultural development, and African development issues.

He is a globally respected economist and has served as the President of the African Association of Agricultural Economists, as well as on the Editorial Board of several academic journals, including the International Journal of Agricultural Economists. He was awarded the Outstanding Black Agricultural Economist Award by the American Association of Agricultural Economists. He was a Distinguished Africanist Scholar at Cornell University, USA.

As President of the African Development Bank, in 2015, he launched a bold strategy to transform the bank’s business model and the lives of millions of Africans. The Strategy known as the High 5s: to Light Up and Power Africa; Feed Africa; Integrate Africa; Industrialize Africa; and Improve the quality of life of the people of Africa, have since impacted the lives of more than 500 million Africans.

To attract increased investments into Africa, Dr. Adesina launched the Africa Investment Forum (AIF) in 2018, the first event of its kind, to attract global capital and accelerate Africa’s economic development. The unique investment forum, which has several African and global financial institutional partners, has become the premier investment marketplace for Africa, attracting over $200 billion worth of investment interests across Africa.
Dr. Adesina has received several distinctions and global awards, including the 2007 YARA Prize in Oslo, Norway, for his pioneering leadership in African Agriculture. The Distinguished Alumni Award from Purdue University, USA, in 2008; Distinguished Alumni Award in 2009 and the Grand Commander of Great Ife in 2013, both from the Obafemi Awolowo University, Nigeria; and Borlaug CAST Communications Award in 2010 by the Council for Agricultural Science and Technology, USA, for his global leadership in agricultural science and technology.

He has received several honorary doctoral awards globally, including Franklin and Marshall College, USA; Purdue University, USA; Michigan State University, USA; Duke University, USA; and the University of Alberta Canada.

In Africa, he has received honorary doctorates by major universities, including Makerere University, Uganda; Ethiopia’s Addis Ababa University; The American University of Nigeria; Obafemi Awolowo University, Nigeria; Adekunle Ajasin University, Nigeria; Afe Babalola University Nigeria; Federal University of Technology, Akure, Nigeria; Bowen University Nigeria; Veritas University, Nigeria; Bayero University, Nigeria; and the Nigerian Defense Academy.

In October 2017, his alma mater, Purdue University, USA, decorated him with its highest honor, the Order of the Griffin, a rare honor given only to 50 persons since 1893, including Neil Armstrong, the first man to walk on the moon.

In 2010, Dr. Adesina was appointed by the United Nations Secretary General, Ban Ki-moon, as one of 17 world leaders to galvanize international support for the United Nations Millennium Development Goals.

In 2019, the United Nations Secretary General António Guterres appointed Dr. Adesina as one of 23 global leaders to help end hunger and malnutrition. He serves globally as one of the Commissioners for the Global Climate Commission, co-Chaired by Bill Gates, and former United Nations Secretary General Ban Ki-Moon, to tackle global climate change. Dr. Adesina also serves on the Global Panel on Agriculture and Food Systems for Nutrition.

Dr. Adesina has won several international awards including the Forbes Africa Person of the Year for his bold reforms in Nigeria’s agriculture sector; Nigeria’s Leadership Newspaper’s 2013 Public Servant of the Year, for his bold policy reforms, transparency, and public accountability; and the Extra-Ordinary Achievement Award by Silverbird Television, Nigeria, for his achievements as Nigeria’s Minister of Agriculture.

Also, the West African Institute of Public Health, recognized Dr. Adesina with its 2020 Distinguished Fellowship Award, for his innovative and successful efforts to curb the impact of the coronavirus pandemic in Africa.

At a national level, Dr. Adesina has been conferred with Nigeria’s second-highest national honor, the Commander of the Order of the Niger, for his outstanding service to his country, Nigeria.

In recognition of his outstanding leadership, passion, and dedication for accelerating African development, he has also been awarded the highest national honors of nine African countries: Senegal, Cameroon, Madagascar, Togo, Liberia, Niger, The Gambia, Djibouti and Tunisia respectively. In March 2025, he was conferred with Kenya’s highest national honor, the Chief of the Order of tbe Golden Heart, the 10th recipient of the honor since Independence.

In 2017, the World Food Prize Foundation awarded Dr. Adesina the World Food Prize, generally known as the “Nobel Prize for Agriculture.” Dr. Adesina devoted the $250,000 Laureate award to the establishment of the World Hunger Fighters Foundation, to help support Africa’s youth in agriculture and to develop a new generation of world hunger fighters. In the same year, Bill Gates listed Dr. Adesina’s award of the World Food Prize and his gesture to use it to support the youth in Africa as one of the seven most encouraging moments of 2017.

In 2019, Dr. Adesina was awarded several distinguished awards including the prestigious Sunhak Peace Prize in Seoul, South Korea, for his global leadership on agriculture, food security, transparency, and good governance. He dedicated his $500,000 award prize to the World Hunger Fighters Foundation that he established to fight global hunger.

He was awarded the Emeka Anyaoku Lifetime Achievement Award of Outstanding International Icon by the Hallmarks of Labor Foundation, during which Chief Anyaoku, former Commonwealth Secretary General said, “Dr. Adesina’s work, and leadership are legendary, unprecedented and worthy of emulation.”

In 2019, Dr. Adesina led the African Development Bank to achieve its highest capital increase since the Bank’s establishment in 1964, when shareholders raised the general capital of the Bank from $93 billion to $208 billion – a historic achievement for Africa.

In 2020, Dr. Adesina was re-elected to a second term as President of the African Development Bank Group with 100% of the votes of all 81 African and Non-African shareholder countries, the first such achievement in the then 55-year history of the African Development Bank, a demonstration of global confidence in his outstanding leadership of the African Development Bank.

In 2023, Dr. Adesina and the President of Senegal convened the Feed Africa Summit, which attracted 34 African Heads of State, the President of Ireland and hundreds of ministers from within and outside Africa and successfully mobilized $72 billion for tackling food security in Africa – the largest ever globally coordinated effort in Africa’s history.

In 2023, Dr. Adesina was named one of the 100 Most Influential Africans by the New Africa Magazine.

In 2024, Dr. Adesina was awarded the prestigious Obafemi Awolowo Prize for Leadership which recognized him as “a Pan Africanist with enthusiastic commitment to the positive transformation of the continent, he has demonstrated core leadership qualities that have been associated with Chief Obafemi Awolowo, and which this Prize is meant to encourage and reward. Dr. Adesina is a person whose outstanding leadership has occasioned public policies that have positively transformed millions of lives.”

In 2024, Dr. Adesina and the President of the World Bank Group Ajay Banga launched an historic partnership that led to the creation of Mission300, an ambitious multibillion dollar initiative to connect 300 million people in Africa to electricity by 2030.

Dr. Adesina has transformed the African Development Bank Group into an award-winning global brand that is a leader in financial innovation. For the second time, the African Development Bank Group has been ranked in the 2024 Aid Transparency Index as the most transparent development organization in the world and recorded the highest score ever by any development organization.

Under Dr. Adesina’s leadership, the Bank Group’s general capital has significantly grown from $93 billion when he took office as President in 2015 to $318 billion on 2024, following approval by the Board of Governors during the Bank Group’s Annual Meetings in Nairobi. The quantum financial increase reflects strong confidence in the leadership and management of Africa’s only AAA rated financial institution.

To reform the global financial architecture, under Dr Adesina’s leadership, the African Development Bank teamed up with the Inter-American Development Bank, and developed an innovative proposal, approved in 2024 by the IMF to channel Special Drawing Rights (SDRs) through multilateral development banks. The bold, pioneering, and innovative initiative could unlock new lending opportunities for all global development finance institutions, and the African Development Bank, at greater scale and multiply the leveraging impact of the allocations to the benefit of millions of Africans.

In 2024 Dr Adesina was named as the inaugural African-of-the-Decade Award recipient by the All-Africa Business Leaders Awards (AABLA™). His citation noted: “Dr. Adesina has demonstrated a significant impact on the African continent through innovative solutions, projects, or initiatives that address the continent’s pressing socio-economic and environmental challenges. He has consistently shown leadership, vision, and dedication, driving positive change in sustainable development in Africa,”

The leading reputation management firm, Reputation Poll International, has listed Dr. Adesina among the 100 most reputable people in the world.

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