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Economic Hardship: Tanker Drivers Set Monday to Down Tools
Published
1 year agoon
By
Eric

Barring last minute change, Nigeria may witness another round of fuel scarcity as the Nigerian Association of Road Transport Owners (NARTO), has vowed to stop lifting petroleum products beginning from next week Monday due to the high cost of operations.
NARTO members have repeatedly raised concern over the high cost of diesel required to power their trucks for the transportation of petroleum products across the country.
Oil marketers told our correspondent on Thursday that diesel price is between N1,250 to N1,400/litre depending on the area of purchase.
NARTO’s President, Yusuf Othman, in a statement he issued in Abuja on Thursday, said the statement was an official announcement from the association’s headquarters that members of the group would park their trucks from Monday.
“Why? It is because what we spend on operations is more than what we get in total, both in local and bridging,” he stated.
Othman said NARTO members had being operating at a loss and it was no longer sustainable for them to endure the losses.
“We will have to suspend operations latest from now till on Monday. We cannot continue to operate at a loss. Most people have parked. A lot more are going to park. But from the point of the association itself, we are going to suspend operations on Monday,” he stated.
He said NARTO’s efforts to get the intervention of key stakeholders, the Federal Government and industry operators had not yielded positive results.
The NARTO president said the association had written letters on the unbearable cost of operations to the Chief of Staff to President Bola Tinubu; Minister of Petroleum Resources; Department of State Services; Nigerian Midstream and Downstream Regulatory Authority; Nigerian National Petroleum Company Limited; and oil marketers.
“We have written letters up to the level of the Chief of Staff to the President. We have written to the Minister of Petroleum Resources (Oil). We have written to the Director-General of SSS. We have written to NNPC’s boss. We have written to the NMDPRA. We have written to the major marketers,” Othman stated.
He stressed that despite the letters, there has been “no response.”
Analysing the market situation, which the members have endured for several months, he stated that the same freight rate that applied when former President Muhammadu Buhari was in ruling, was still subsisting.
“The Lagos to Abuja freight rate that was implemented when the dollar was N650 is still retained now that dollar is N1,615. Everybody is aware that all our consumables in terms of operation are not produced in the country.
“So, by virtue of the rate of dollars, every consumables has increased. But the freight they are paying us has been the same since Buhari’s time. So how is that feasible? During Buhari’s time, one dollar was N650. Today, dollar is N1,615. The average freight from Lagos to Abuja is N32,” he stated.
Othman further explained that “what I mean by local is that when you load in Lagos, you discharge in Lagos. And bridging means that when you load from Lagos, you come to Abuja. Lagos to Lagos, we are paid N120,000.
“AGO (diesel) alone to distribute fuel within Lagos is N140,000 because it is N1,400/litre. So, they give you N120,000 and you spend N140,000. So how do you want to operate? You’ve not talked about the cost of vehicles, cost of loading, driver’s allowance. That is for local.”
He stated that the cost of moving products out of Lagos or Warri to other states was far higher than what the government was paying to tanker drivers as bridging claims.
The government pays an agreed sum to transporters of petroleum products as bridging claims in order to ensure equality in the pump prices of these products across states, though this has not been the case.
NARTO is the umbrella organisation for commercial vehicle owners in Nigeria. The association represents the interests of those involved in haulage of petroleum products, general cargoes and passenger movement within the country and the West African sub-region.
NARTO has expressed several concerns regarding transporting petroleum products in Nigeria, impacting both their members and the overall efficiency of the process.
It has complained of poor road conditions, as frequent potholes, dilapidated bridges, and lack of proper maintenance lead to increased wear and tear on vehicles, higher running costs and longer journey times.
The association has also raised concern about traffic congestion, particularly around ports and depots, as this adds significantly to delivery delays and further increases operational costs.
On inadequate parking facilities, NARTO had stated that the lack of safe and designated parking areas often forced drivers to park in unsafe locations, leading to security risks and fatigue.
It had also raised concerns about the multiple checkpoints in Nigeria, as numerous security checkpoints could cause unnecessary delays and harassment for drivers.
Another issue is delayed payments, as late payments from oil marketers create cash flow problems for transporters.
Also the association has called for safety, because the theft of petroleum products, pipeline vandalism and other security threats create risks for drivers and equipment.
On policy and regulatory concerns, NARTO had observed that some depots limit access to specific transporters, impacting competition and efficiency.
It had stated that inconsistent or ambiguous regulations could lead to confusion and enforcement challenges, adding that transporters often struggled to access affordable financing for vehicle maintenance and upgrades.
The Punch
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Atiku Condemns Tinubu’s Emergency Rule Declaration in Rivers, Says It’s ‘Political Manipulation’
Published
5 hours agoon
March 18, 2025By
Eric

Former Vice President Atiku Abubakar has strongly condemned President Bola Tinubu’s declaration of a state of emergency in Rivers State, labeling it as “political manipulation and outright bad faith.”
Atiku criticized Tinubu for being a “vested partisan actor” in the crisis and accused him of negligence in preventing its escalation.
Atiku said the security breaches and destruction of national infrastructure in Rivers are directly the President’s responsibility.
He argued that Tinubu’s administration has enabled chaos in the Niger Delta, reversing years of progress achieved under late President Umaru Yar’Adua.
His words: “The declaration of a state of emergency in Rivers State reeks of political manipulation and outright bad faith. Anyone paying attention to the unfolding crisis knows that Bola Tinubu has been a vested partisan actor in the political turmoil engulfing Rivers.
“His blatant refusal or calculated negligence in preventing this escalation is nothing short of disgraceful. Beyond the political scheming in Rivers, the brazen security breaches that led to the condemnable destruction of national infrastructure in the state land squarely on the President’s desk.
“Tinubu cannot evade responsibility for the chaos his administration has either enabled or failed to prevent. It is an unforgivable failure that under Tinubu’s watch, the Niger Delta has been thrown back into an era of violent unrest and instability — undoing the hard-won peace secured by the late President Umaru Yar’Adua.
“Years of progress have been recklessly erased in pursuit of selfish political calculations. If federal infrastructure in Rivers has been compromised, the President bears full responsibility.”
Source: Politicsnigeria
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Rivers: Full Text of Tinubu’s Speech on Declaration of Emergency
Published
5 hours agoon
March 18, 2025By
Eric

TEXT OF THE BROADCAST BY PRESIDENT BOLA AHMED TINUBU, COMMANDER-IN-CHIEF OF THE ARMED FORCES, DECLARING STATE OF EMERGENCY IN RIVERS STATE ON TUESDAY 18 MARCH 2025
Fellow Nigerians, I feel greatly disturbed at the turn we have come to regarding the political crisis in Rivers State. Like many of you, I have watched with concern the development with the hope that the parties involved would allow good sense to prevail at the soonest, but all that hope burned out without any solution to the crisis.
With the crisis persisting, there is no way democratic governance, which we have all fought and worked for over the years, can thrive in a way that will redound to the benefit of the good people of the state. The state has been at a standstill since the crisis started, with the good people of the state not being able to have access to the dividends of democracy.
Also, it is public knowledge that the Governor of Rivers State for unjustifiable reasons, demolished the House of Assembly of the state as far back as 13th December 2023 and has, up until now, fourteen (14) months after, not rebuilt same. I have made personal interventions between the contending parties for a peaceful resolution of the crisis, but my efforts have been largely ignored by the parties to the crisis. I am also aware that many well-meaning Nigerians, Leaders of thought and Patriotic groups have also intervened at various times with the best of intentions to resolve the matter, but all their efforts were also to no avail. Still, I thank them.
On February 28, 2025, the supreme court, in a judgment in respect of about eight consolidated appeals concerning the political crisis in Rivers State, based on several grave unconstitutional acts and disregard of rule of law that have been committed by the Governor of Rivers State as shown by the evidence before it pronounced in very clear terms:
“a government cannot be said to exist without one of the three arms that make up the government of a state under the 1999 Constitution as amended. In this case the head of the executive arm of the government has chosen to collapse the legislature to enable him to govern without the legislature as a despot. As it is there is no government in Rivers State.”
The above pronouncement came after a catalogue of judicial findings of constitutional breaches against the Governor Siminalayi Fubara.
Going Forward in their judgment, and having found and held that 27 members of the House who had allegedly defected
“are still valid members of Rivers State House of Assembly and cannot be prevented from participating in the proceedings of that House by the 8th Respondent (that is, the Governor) in cohorts with four members”
The Supreme Court then made some orders to restore the state to immediate constitutional democracy. These orders include the immediate passing of an Appropriation Bill by the Rivers State House of Assembly which up till now has not been facilitated.
Some militants had threatened fire and brimstone against their perceived enemy of the governor who has up till now NOT disowned them.
Apart from that both the House and the governor have not been able to work together.
Both of them do not realise that they are in office to work together for the peace and good governance of the state.
The latest security reports made available to me show that between yesterday and today there have been disturbing incidents of vandalization of pipelines by some militant without the governor taking any action to curtail them. I have, of course given stern order to the security agencies to ensure safety of lives of the good people of Rivers State and the oil pipelines.
With all these and many more, no good and responsible President will standby and allow the grave situation to continue without taking remedial steps prescribed by the Constitution to address the situation in the state, which no doubt requires extraordinary measures to restore good governance, peace, order and security.
In the circumstance, having soberly reflected on and evaluated the political situation in Rivers State and the Governor and Deputy Governor of Rivers State having failed to make a request to me as President to issue this proclamation as required by section 305(5) of the 1999 Constitution as amended, it has become inevitably compelling for me to invoke the provision of section 305 of the Constitution of the Federal Republic of Nigeria, 1999 as amended, to declare a state of emergency in Rivers State with effect from today, 18th March, 2025 and I so do.
By this declaration, the Governor of Rivers State, Mr Siminalayi Fubara, his deputy, Mrs Ngozi Odu and all elected members of the House of Assembly of Rivers State are hereby suspended for an initial period of six months.
In the meantime, I hereby nominate Vice Admiral Ibokette Ibas (Rtd) as Administrator to take charge of the affairs of the state in the interest of the good people of Rivers State. For the avoidance of doubt, this declaration does not affect the judicial arm of Rivers State, which shall continue to function in accordance with their constitutional mandate.
The Administrator will not make any new laws. He will, however, be free to formulate regulations as may be found necessary to do his job, but such regulations will need to be considered and approved by the Federal Executive Council and promulgated by the President for the state.
This declaration has been published in the Federal Gazette, a copy of which has been forwarded to the National Assembly in accordance with the Constitution. It is my fervent hope that this inevitable intervention will help to restore peace and order in Rivers State by awakening all the contenders to the constitutional imperatives binding on all political players in Rivers State in particular and Nigeria as a whole.
Long live a united, peaceful, secure and democratic Rivers State in particular and the Federal Republic of Nigeria as a whole.
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AfDB President, Akinwumi Adesina’s Acceptance Speech
Published
1 day agoon
March 17, 2025By
Eric

Speech by Dr. Akinwumi A. Adesina
President and Chairman of the Boards of Directors, African Development Bank Group, At the State House Event on the Conferment of the Chief of the Order of Golden Heart, C.G.H, State House, Nairobi, Kenya, March 17, 2025.
Your Excellency, Dr. William Samoei Ruto, President of the Republic of Kenya, C.G.H.
Your Excellency, Professor Kithure Kindiki, Deputy President of the Republic of Kenya.
Honorable Musalia Mudavadi, Prime Cabinet Secretary,
Honorable Cabinet Secretaries,
Distinguished Ladies and Gentlemen.
Good morning! Habari za Azubuhi.
Your Excellency, President Ruto, I am most grateful for your conferring on me today the prestigious honor of the Chief of the Order of Golden Heart, C.G.H, Kenya’s highest and most distinguished honor.
I am greatly humbled by your incredible kindness!
What a great honor! What a rare privilege! What a historic recognition!
Thank you, thank you, and thank you, Your Excellency, Mr. President.
It is such a joy to be back here, with my dear wife Grace, in Kenya, a nation that I love, and to be in the State House, with a President who is a dear brother and friend. They say home is where your heart will always be.
I consider Kenya as my home. Afterall, I lived and worked here in this beautiful country for about 9 years, starting from my days working with the Rockefeller Foundation and the Alliance for Green Revolution in Africa (AGRA). I have been back ever since, so I can claim to have been working in and on Kenya for at least 20 years.
The friendship between myself and President Ruto goes way back over those 20 years. As we say in Kenya, “Tumetoka Mbali” – we have come from far.”
Yes, we have come from far since Mr. President you were a much younger Minister of Agriculture, under the then government of President Mwai Kibaki. Your predecessor, former President Kenyatta, was then the Deputy Prime Minister and Minister of Finance.
I recall the very frequent and engaging discussions between us on how to improve the quality of lives of Kenyans. From seminars to workshops and conferences, we engaged intensely. I was not just working in Kenya, I was a Kenyan by mind, heart and soul, as I immersed myself in Kenya.
I remember that when I was later appointed as the Minister of agriculture in Nigeria, I came along with President Goodluck Jonathan on a State visit to Kenya. President Kenyatta and yourself, as then Deputy President, received us at the Jomo Kenyatta airport. As President Jonathan was making introductions of his ministers and got to me, he introduced me as “Minister of Agriculture of Nigeria.” President Kenyatta said “Yes, I know him. He is the Kenyan on loan to the Nigerian government!” We all busted out laughing (Laugh).
Of course, he was right, for even when I was appointed Nigeria’s Minister of Agriculture, I appointed Maria Mulindi, a Kenyan, as my Chief of Staff.
I worked everywhere in Kenya and have such great memories. From my praying and preaching at the Nairobi Pentecostal Church Valley Road (with Bishop Boniface Adoyo, Bishop Oginde and many others) to small family prayer groups with my Kenyan friends, to working with farmers and schools across Kenya.
From working with a friend of mine (Robert Mbugua) speaking across high schools to encourage and inspire the youth, to supporting research institutions including the Kenyan Agricultural Research Institute, the African Economic Research Consortium (with Dr. Harris Mule and Prof. Willis Oluoch-Kosura, Prof Chris Ackello Ogutu and Dr. Gem Argwings-Kodhek), to working with corporate giants such as Chris Kirubi who owned the International House, and Vimal Shah, of BIDCO Oil Refineries.
From working to support girls education with the Forum for Women Educationalists in Africa (with Dr. Edda Gachukia and Dr. Ruth Kagia) to working to improve the lives of farmers across the farms from Bungoma, to Eldoret, Kisi, and across the Rift Valley.
From working with the Kenyan Agricultural Research Institute (KARI) to develop new technologies, to working on the farms in Muranga with Dr. Florence Wambugu, to scale up the uptake of tissue culture bananas by farmers.
I recall my work launching the development of agro-dealer networks across Kenya (with Dr. Caleb Wangia of the Agricultural Market Development Trust (AGMARK), as we rapidly expanded availability of farm input traders across Kenya.
I was so driven and so much wanted things to change positively for Kenyans. I was very concerned then about the millions of poor farmers in Kenya who were begging for food and had no access to seeds or fertilizers. I wanted to see a national program to provide subsidized seeds and fertilizers for poor farmers across Kenya.
The then PS of agriculture, Dr. Romano Kiome, and then Minister of Agriculture, Kipruto Arap Kirwa, became allies and agreed.
But it was not a popular move. Several donors were unhappy with me at the time for trying to push for subsidies for farmers, including my own office, The Rockefeller Foundation. I was even told that if I did not back off, I could lose my job. I was undeterred, as I said, “if trying to help poor people is the reason for losing my job, I cannot think of a more honorable way to lose a job: fighting for the poor.”
I recall going to one meeting of donors at the time to push for this, and as soon I raised the issue, the chair of the session (a Kenyan who worked then for the World Bank by the name Daniel) simply said, “next agenda item please.” I retorted that “if I had been the Minister of Foreign Affairs, I would have sent you all packing for spending your time on beaches and not even having a heart for the poor people in Kenya.”
When William Ruto was appointed as the agriculture minister, I asked for a meeting. You need to know something about this man, then Minister Ruto, now President Ruto: he is a man of action. He is relentless. And he will push until he gets things done. He did not wait for me to visit with him at the Kilimo House, he made his way to my office, and we met at 7.30 am. That was how we developed and rolled out the Kilimo Plus program to provide subsidized farm inputs for over 2.5 million poor farmers in the country.
I recall while at AGRA how I developed and rolled out the Kilimo Biashara program, which provided financial guarantee facilities that reduced the risk of lending by commercial banks in Kenya to farmers. It worked so well that it supported Banks such as the Equity Bank (working with James Mwangi) to rapidly expand their lending to the agriculture sector, from its humble beginning, to becoming what it is today, of which I am very proud.
I recall my work with Kenyan colleagues as we developed at the time what was called the Kenyan Agricultural Commodity Exchange (with Adrian Mukhibi, Albert Wessonga) to provide market price information for farmers in the country, using their mobile phones. I remember our working with the Mayor of Bungoma at the time to set up the commodity exchange in Chewele market so farmers could bulk their maize and sell based on grade and quality at the exchange, working at the time with SACRED Africa, an NGO based in Bungoma (with Dr. Eusebius Mukhwana, who later became a Senator).
It worked so well, as middlemen could not rip off farmers anymore. In fact, it worked so well, that some disgruntled middlemen vandalized some of the commodity exchange Kiosks. One day, Mr. Kofi Annan, then former United Nations Secretary General, who was at the time the Chairman of the Board of AGRA, visited Chewele. He was so amazed, as he used his mobile phone to make orders via the exchange; he turned to me and said, “this is the Chicago Board of Exchange in a village in Kenya.”
I tried so hard to be Kenyan, so much so that I started running in the Jaffrey Center, early mornings and weekends. If only I could run like those long-distance runners of Kenya, maybe I could become a Kenyan! I failed, as I could not keep up with them. So, I told myself, let me just stick with being a Nigerian, at least I know that Nigeria can always defeat Kenya in football.
As President of the African Development Bank, I am proud that my colleagues and I have been running with Kenya and scoring development goals with Kenya. Kenya has a special place in the history of the African Development Bank since its establishment in 1964. The very first project ever financed by the African Development Bank was right here in Kenya in 1967, that’s 58 years ago.
The first one links Eldoret to Tororo in Uganda, laying the foundation for a transport infrastructure that drives commerce between countries of the Great Lakes and the Indian Ocean regions. The second road, which connects Nairobi to Kilimanjaro region in Tanzania, has become a major trunk road for commerce and tourism between both countries.
Since 1964, the Bank has financed a total of 167 projects, with financial commitment of $7.8 billion.
But I am especially proud of what we have done in and for Kenya over the past ten years since I was first elected President of the African Development Bank in 2015. Since I was elected President, the Bank has financed a total of 57 projects, with total financing commitment of $4.44 billion. That means we did in the past ten years (under my Presidency) 57% of all the African Development Bank has invested in Kenya for over the past 60 years!
That must tell you how special Kenya is to me!
The African Development Bank’s current portfolio consists of 45 projects worth $4.09 billion. And these projects are having huge impacts across Kenya.
For example, the Bank-supported Last-Mile Connectivity electricity project has helped to increase the population of Kenyans connected to the national electricity grid from 41% in 2014 to 76% in 2024. Put simply, electricity connections increased from 2.42 million households to 9.7 million households.
Many of you may not know that the Bank made this happen. You are not alone! On one of my field trips to the Rift Valley together with Cabinet Secretary minister at the time, Charles Keter, we walked down a dusty road in one of the villages that benefited from the last mile connectivity project. Right in front of us was an elderly woman whose name was Grace (not Grace, my wife!). She was asked by the Cabinet Secretary if she knows that the African Development Bank funded the connection of her village and household to electricity. She said, “I do not know the African Development Bank.” When further asked if she knows Dr. Adesina, President of the African Development Bank. She said “No, I do not know him, where is he?” Of course, I was beside her! She then said, “all I know is that we once were in darkness, now we have light!” (laugh).
With Kenya participating in the Mission 300 launched by the African Development Bank and the World Bank to connect 300 million people to electricity by 2030, Kenya is definitely on course to achieving 100% access to electricity by 2030. Ninaamini Tutatoboa!
The African Development Bank financed and was the Mandated Lead Arranger for the 310 megawatts Lake Turkana Project, which is the largest wind farm in Africa. The Bank also financed the 105 megawatts Menengai Geothermal power plant, further advancing Kenya’s leadership in geothermal development in Africa. For power transmission, the Bank provided $105.5 million for the recently completed Ethiopia-Kenya electricity highway project.
The African Development Bank is supporting several road and transport projects that are improving regional connectivity, trade and reducing travel costs for the population. Let me mention a few.
Take for example, right here in Nairobi, the Bank provided $106.7 million for the rehabilitation of the 13 kilometers Nairobi Outer Ring Road, turning it from a single lane to a dual carriageway, including service roads, grade separated intersections, pedestrian foot over-bridges, walkways and bicycle lanes, while providing secondary access to the Jomo Kenyatta International Airport.
The Bank co-financed with $175 million the expansion of the Thika-Nairobi road, expanding it into a six and eight lane highway. This has drastically reduced travel time from 2-3 hours to just 30-45 minutes.
The Bank has approved $852 million for on-going regional integration operations in Kenya. This includes the Bagamoyo-Tanga-Horohoro-/Lunga-Malindi road connecting Kenya and Tanzania. We are supporting the Kapchorwa-Suam-Kitale road project connecting Kenya and Uganda, as well as the Lesseru-Kitale roads project connecting Kenya and South Sudan.
The Bank financed the construction of the Addis-Ababa-Nairobi-Mombasa Highway that has reduced the travel time between Ethiopia and Kenya from 3 days to less than 24 hours and has helped to expand the trade between the two countries by 400%.
The Bank co-financed the dualization of the 84 kilometers Kenol-Sagna-Marua Highway, part of the Kenya section of the Trans-Africa Highway running from Cape to Cairo. Our support of $31million for the Timboroa-Eldoret Road Rehabilitation Project, part of the Northern Corridor, provides transit routes connecting Kenya, Uganda, Rwanda, Burundi, Eastern Congo and Southern Sudan.
President Ruto is passionate also about water and sanitation. When I visited with him in May, when Kenya graciously hosted the Bank’s Annual Meetings in 2024, he passionately requested the Bank’s expanded support for water and sanitation. Mr. President, I am pleased that the Bank is providing $634 million towards the Kenya Town’s Sustainable Water Supply and Sanitation. This includes Euros 314.92 million for the construction of the Thwake Multipurpose Water Dam, expected to be completed by July 2026. When completed it will provide 150,000 cubic meters of water per day to about 1.3 million people in Kitui and Makueni counties, as well as the Konza Techno-City in Machakos County.
The Bank is strongly supporting the private sector in Kenya. This includes the provision of over $700 million in lines of credit to more than 8 commercial banks, including Equity Bank Group, Kenya Commercial Bank, Diamond Trust Bank, Credit Bank, Commercial Bank of Africa, Family Bank and the Kenyan Mortgage Refinance Company.
I know that Kenya faces a huge challenge with high unemployment for its youth, as manifested in several youth riots that shook Kenya. Unemployment is especially high among Kenya’s well-educated youth. They demand support for skills upgrade, finance to build their businesses, and social protection, as well as inclusion in governance systems.
To support the youth of Kenya, the African Development Bank is providing $309 million for 8 on-going projects targeting skills development for the youth. This includes support for technical and vocational education that has already benefitted 88,000 trainees.
The African Development Bank’s flagship program in support of financing for women, the Affirmative Finance Action for Women in Africa (AFAWA) has provided a total of $177 million in loans for 3,177 women-owned businesses.
One of such young women entrepreneurs is Pauline Otila, the CEO of Apiculture Ventures, one of the fastest growing businesses in Kenya’s honey industry. With support received from AFAWA, right here in Kenya, Pauline has tripled her business and grew her beekeepers’ supply network from 1,200 to 10,000 beekeepers. Today, Pauline is one of the leaders in Kenya’s male-dominated beekeeping industry, showing how when women are supported they thrive. In her own words “women are bankable, if given a chance.”
I fully agree. No bird can fly with one wing. I am convinced that when women win, Kenya wins! When women win, Africa wins!
Yes, challenges may be there today, but let’s keep hope alive.
Kenya will grow. Kenya will thrive. Kenya will prosper.
I believe the future will be bright for the youth of Kenya!
That is why the African Development Bank is currently preparing for our Board’s approval, financial support to Kenya, for the establishment of Youth Entrepreneurship Investment Bank of Kenya. This will be a stand-alone financial institution, that will be 100% dedicated to providing technical assistance, debt and equity financing for the businesses of the youth of Kenya. When I earlier discussed this with President Ruto, as we both were at an airport lounge in Dubai, both of us coming from different tips, he said to me “Adesina. I want this in Kenya like yesterday.” And true to his words, within 48 hours, I received a formal letter of request from President Ruto for the African Development Bank to support the establishment of the Youth Entrepreneurship Investment Bank of Kenya.
To the youths of Kenya, you are not alone. The African Development Bank and our partners will work to boost opportunities for the youth in Kenya. Working with President Ruto and the Government of Kenya, the goal is simple: build youth-based wealth in Kenya.
So, as you can see, my heart has always been in Kenya. I am therefore immensely honored that President Ruto, you are conferring on me Kenya’s highest and most distinguished honor, the Chief of the Order of the Golden Heart, CGH. My heart is here, but you made it even better: you added Gold to my Heart!
Thank you President Ruto. Thank you, Kenya!
This an honor that I will cherish for life. It will be a constant reminder that the country I love so much, Kenya, loves me back, appreciates and celebrates my leadership at the African Development Bank, and values and honors the incredible contributions of the Bank to its development.
On behalf of my dear wife, Grace, the Board of Directors, Management and Staff of the African Development Bank, and on my own behalf, I accept this honor with great humility.
May God bless you, my dear brother, President Ruto.
Asante Sana Mheshimiwa Rais Ruto.
May God bless the good people of Kenya.
Mungu aibariki Kenya.
God bless Africa.
Mungu aibariki Afrika.
With all my heart, now the Golden Heart!
Thank you so very much.
Asante Sana!
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