The African Development Bank has approved an independent investigation of the allegations against the president of the bank, Akinwumi Adesina – The bank took the decision on Thursday, June 4, at a meeting held by the bureau of the board of governors – Adesina, however, has consistently denied the allegations leveled against him After much hesitance, the African Development Bank (AfDB) has finally approved an independent investigation of the allegations against the president of the bank, Akinwumi Adesina.

The bank took the decision on Thursday, June 4, at a meeting of the bureau of the board of governors regarding the whistle-blowers’ complaints against Adesina, Premium Times reports.

Adesina, however, has consistently denied the allegations leveled against him. Photo credits: AFDB Source: UGC.l

The probe was approved following the demand by the US government that a fresh and in-depth investigation be conducted into the allegations against Adesina using an independent investigator.

Adesina has been accused of violating the code of conduct of the institution. He, however, has consistently denied the allegations leveled against him. In another report, Olusegun Obasanjo, Nigeria’s former president, has lambasted the United States of America for insisting on “independent investigation” into allegations of favouritism and others against the president of African Development Bank (AfDB), Akinwunmi Adesina.

Information was gathered that Obasanjo, in a letter to the board and African former leaders, said the clearance granted Akinwunmi, who he said has performed creditably well, by the laid down institutions should have put the matter to rest. Meanwhile, with Nigeria currently plunged into economic crisis due to the outbreak of coronavirus, an economy expert has predicted that 32 out of the 36 states of the federation may find it difficult to pay salaries after the pandemic. The prediction was made by governance and policy expert, Tunji Ogunyemi, who further stressed that there may be a likely further downward review of the 2020 appropriation bill.

Ogunyemi added that tough times are waiting ahead as COVID-19 crisis may push the country down the knee of global economic downturn, The Nation reported. Ogunyemi, a lawyer and historian, is the acting head of the department of history, Obafemi Awolowo University, Ile-Ife Osun state. Speaking on a radio station programme “Frank Talk”, the pedagogue said that unlike the federal government, the state cannot print money deliberately to pay workers’ salaries.

Ogunyemi further emphasised that with the cut down in the budget, states will be receiving in June half of the allocation they got from the federal government in January. He said that only four states including Lagos and Rivers can survive the cut in allocation, adding that some states such as Kaduna, Delta, Plateau, Taraba, Gombe and others may result to slashing salaries of workers.

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