Close Menu
FridayPosts
    Facebook X (Twitter) Instagram YouTube
    Trending
    • How to Build Daily Focus as a Leader
    • 7 Leadership Mistakes That Are Secretly Destroying Your Team’s Performance
    • Business Environmental Scanning: A Strategic Tool for Nigerian Companies
    • Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses
    • The Complete Courtship Guide: Rules, Tips, and Principles for Building a Strong Relationship
    • Building a Covenant Relationship: 10 Rules That Actually Work
    • Top 100 Notable Leadership Experts in the World – From John C. Maxwell to A. Joshua Adedeji to Seth Godin
    • The Battle for 6G: How Countries Are Competing for the Next Generation of Mobile Networks
    • Home
    • AAJ Consulting
      • Abuja Leadership Coach
    • Expert Insights
      • Business
      • Faith
      • Leadership
      • Lifestyle
      • Health
      • Personality of the Week
      • Relationships
      • Small Business
      • Technology
    • Best Classified Ads
    • Buy Books
    • Pay4Books
    • Sell Online
    • Podcast
    • Shop
    • More
      • About Us
      • Advertise With Us
      • Contact Us
      • Be A Contributor
      • Send News Tips
      • Privacy
      • Terms
      • EBooks
      • My account
        • Cart
    Facebook X (Twitter) Instagram YouTube
    FridayPostsFridayPosts
    Subscribe
    Saturday, March 7
    • Home
    • AAJ Consulting
      • Abuja Leadership Coach
    • Expert Insights
      • Business
      • Faith
      • Leadership
      • Lifestyle
      • Health
      • Personality of the Week
      • Relationships
      • Small Business
      • Technology
    • Best Classified Ads
    • Buy Books
    • Pay4Books
    • Sell Online
    • Podcast
    • Shop
    • More
      • About Us
      • Advertise With Us
      • Contact Us
      • Be A Contributor
      • Send News Tips
      • Privacy
      • Terms
      • EBooks
      • My account
        • Cart
    FridayPosts
    Home»Opinions

    Lynching Akin Adesina

    Chief EditorBy Chief EditorJune 1, 2020 Opinions No Comments8 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Obadiah Mailafia

    The culture of lynching and genocide is deeply embedded in the gestalt of American race relations. And this, despite the Civil Rights Act 1964. As late as the 1960s in the Jim Crow South, it was the norm for the Ku Klux Kan (KKK) to fish out a young African-American for allegedly staring at a white woman and to hang him on a tree.

    These days, the lynching is done mostly through the police and the criminal justice system. This is how it comes about that there are more black men in prison than in college in the United States.

    Last week, an unarmed African-American man, George Floyd, was arrested by white policemen in the city of Minneapolis, Minnesota. Their kingpin, Derek Chauvin, threw the handcuffed 46-year-old to the ground and placed his knee on his neck. The poor man kept pleading, “I can’t breathe”, until life was snuffed out of him. It was a cold-blooded murder. Riots have spread all over the country in protest. A tearful Barack Obama came out to plead for a New America — for a more tolerant and more compassionate America based on fairness, justice and racial harmony.

    Racism has remained the defining character of American civilisation. Uncle Sam is the embodiment of trans-Atlantic White Supremacism. Racial bigotry has, sadly, got worse in the Age of Trump. His body language and lugubrious rhetoric have made racism acceptable, if not attractive.

    I am not anti-American. I am, rather, an admirer of American government, entrepreneurship and can-do spirit. Americans are a generous and warm people. Some of my dearest friends are white Americans. What we see today is a gross travesty of the ideals that define America as a land of hope and glory. We have a blood account to settle with America.

    In the seventies, for example, former Secretary of State Henry Kissinger and the neo-pagans in the State Department articulated de-population as the cornerstone of their African policy. There has been a silent population war against our people. It is a well-documented fact that the erstwhile Apartheid regime was deliberately injecting black people with the HIV/AIDS virus. This is how it comes about that the pandemic has wreaked such terrible havoc in Southern Africa. The same may be said of Ebola. Between Washington DC and Beijing, they know more than we do about the origins and provenance of the novel coronavirus “plandemic” that has been inflicted upon a despairing world.

    Through insidious covert operations, foreign powers have fomented wars and sponsored rebel groups and murderous bandits to make our countries ungovernable.

    The most recent case of lynching is that of the current serving President of the African Development Bank Group, Akinwumi Adesina. As everybody knows, his five-year term comes to an end in August. He has submitted his candidacy for re-election, with full endorsement by the Buhari regime, ECOWAS and the African Union. So far, he is the sole candidate.

    And then, out of the blues, a catalogue of alleged misdeeds has been slammed on him by an anonymous, whistle-blower. This shadowy figure has been unveiled as an even more sinister “Group of Concerned Staff Members of the AfDB”. There are over a dozen items on the list of alleged infractions; centring mostly on abuse of office, corruption, favouritism, unethical conduct, conflict of interest, “impunity and bad governance”. His accusers claim that he has been on an alleged mission of “Nigerianisation” of the bank, in addition to “questionable” recruitments and promotion of cronies.

    The matter recently came up before the Ethics Committee of the bank. In their wisdom, they had determined that no wrong was committed. The Trump administration has been up in arms, crying blue murder. The US Treasury Secretary, Steve Mnuchin, has written to the board, demanding an independent inquiry.

    As it turns out, the mastermind of the palaver is none other than the American Executive Director at the bank, Stephen Dowd, who has been leading a campaign to dislodge Adesina. I would also suspect some embittered departing officials, notably Frannie Leautier, a Frenchwoman who claims Tanzanian nationality. She is the most low-grade hustler I have ever had the misfortune of meeting.

    Some of the accusations are plain stupid. Writing a few days ago, a former BBC journalist, Larry Madowo, claimed that the Trump administration is against Adesina because of his alleged “flamboyance” and for being “a sharp dresser known for his expensive tailored suits, immaculate white shirts and an endless supply of colourful bow ties”. Officials from the Quai d’Orsay, the palace that houses the French Foreign Ministry in Paris, were quoted as complaining that Adesina, a fluent French speaker, rarely speaks the language during important meetings.

    Adesina cuts this image of being a squeaky-clean Southern Baptist preacher, with a brand that is svelte and debonair. Everyone is entitled to their own signature. He must be paying a bit of a fortune to the tailors in Saville Row and Champs d’Elysée for those suits.  But that, to me, is not a crime. Bankers by nature are conservative and cautious. They are expected to dress well. And as good dressing goes, Adesina tails, in my view, behind former bank President Wila Mungomba of Zambia. But nobody ever accused Wila of being “flamboyant”. As for the French tantrums, they are the kind of demeaning insults that Africans have come to expect from Paris

    Akinwumi Adesina has been one of the most successful CEOs of the AfDB. He has doubled the bank’s capitalisation from US$100bn to US$208bn. He has enhanced its knowledge capital and made the institution more relevant to the development aspirations of our continent. He is passionate about industrialisation, technology and innovation, which are apparently anathema to the so-called “development partners”.

    A first-class graduate of Agricultural Economics with a prized doctorate from Purdue University, Adesina is a former Vice-President of the Alliance for a Green Revolution in Africa (AGRA) and a successful former Nigerian Minister of Agriculture. He is the 2017 winner of the prestigious World Food Prize. He has attracted some bright talents to the bank. His Chief of Staff, Banji Oyelaran-Oyeyinka, for example, is one of the best Science and Technology Policy scholars in Africa.

    It has been rumoured that the real problem is that the Americans feel he has cozied up too warmly to Beijing. For them, their enemy must also be our enemy, whether we like or not.

    The whole thing reeks of bad faith. Without prejudice to the ongoing investigations, I do not think the Americans have a right to exercise veto powers on who becomes President of our pan-African financial institution. Perhaps, we need to remind our friends in Washington and Paris that this is an AFRICAN bank. It is for Africans to decide who has the best fit to lead the continent’s premier financial institution. And I do not think the majority shareholders should accept that the existing rules and statutory processes should be set aside in favour of an external panel of investigators.

    The AfDB is a multinational finance institution with 80 members, of which 54 are African while 26 are non-regionals. Nigeria is the biggest shareholder, with 9.1%; followed by the US with 6.5%; and Egypt in third place with 5.5 percent. Others are Japan (5.4%); South Africa (4.9%); Algeria (4.1%); Germany (4%); Canada (3.8%); Ivory Coast (3.7%); and France (3.6%).

    With the largest shareholding in the World Bank and IMF, America permanently keeps the Presidency of the Bank while Europe hangs on to the Managing Directorship of the Fund. Nigeria, the largest shareholder at the AfDB and sole financier of the Nigeria Trust Fund, has never had its national as President until 2015. I was a career economist at the bank. I know that our influence has been very low while anti-Nigerian sentiments run deep in the bank’s institutional culture; much of it orchestrated by non-regionals that see Nigeria as a threat to their hegemonic ambitions on our continent.

    It seems the image of the self-confident and well-educated Nigerian grates with the sensibilities of the trans-Atlantic world powers. By our education, self-confidence and capacity for self-exertion, Nigerian professionals upset their image of the African as a mindless Little Black Sambo.

    We have beaten them at the topmost Ivy-League institutions. Our civilisation goes back to the Egypt of the Pharaohs. With our intelligence, can-do spirit, natural resources and sheer audacity, we have the potential to become a world power. And this they know. Adesina is a symbol of the new African Personality. This is why they want to cut him down at all costs.

    And with a rogue regime in Washington that behaves like a bull in a china shop, they would go so far as to destroy the well-earned Triple A rating of the bank just to score cheap points. Adesina and the Nigerian government would be well advised to meet them behind the scenes and see if this kerfuffle could be settled through a fair compromise.

    obmailafia@gmail.com

     

     

    [Punch]

    Post Views: 41

    Comments

    comments

    AfDB Akin Adesina Obadiah Mailafia
    Chief Editor
    • Website
    • Facebook
    • X (Twitter)

    As the Editor-In-Chief at Fridayposts, my commitment is to make valuable, insightful and useful articles and latest news contents available to our highly esteemed readers and subscribers.

    Keep Reading

    President Trump’s UN Speech and the Future of Multilateralism: Disruption or Renewal?

    Restructuring as the Foundation for Nigeria’s Sustainable Development

    Flood Warnings Across Nigeria: Why 15 States Are at Risk and What This Means for Policy, People, and the Future

    A Familiar Script

    Tinubu, Trump & Turmoil: The 24 Breaking Headlines That Shaped the World (April 14–19, 2025)

    Expert Opinion: The Historical Context and Implications of Tinubu’s Potential Cabinet Reshuffle

    Add A Comment
    Leave A Reply Cancel Reply

    Sponsored Ads
    Products
    • You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Hardcover) You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Hardcover) ₦30,000.00 Original price was: ₦30,000.00.₦28,390.00Current price is: ₦28,390.00.
    • You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Paperback) You Are A Prophecy To Be Fulfilled: How to Recognize, Receive, and Realize God’s Purpose for Your Life - Revised & Expanded Edition (Paperback) ₦19,000.00 Original price was: ₦19,000.00.₦16,430.00Current price is: ₦16,430.00.
    • Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Hardcover) Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Hardcover) ₦28,000.00 Original price was: ₦28,000.00.₦24,817.00Current price is: ₦24,817.00.
    • Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Paperback) Phases in Spiritual Leadership: How God Shapes Ordinary Believers into Trusted Kingdom Leaders Through a Spiritual Process - Second, Revised & Expanded Edition (Paperback) ₦19,500.00 Original price was: ₦19,500.00.₦16,430.00Current price is: ₦16,430.00.
    • The Major Baton Transferred: Rediscovering God’s Kingdom Mandate for Dominion and Influence (Hardcover) The Major Baton Transferred: Rediscovering God’s Kingdom Mandate for Dominion and Influence (Hardcover) ₦22,000.00 Original price was: ₦22,000.00.₦18,450.00Current price is: ₦18,450.00.
    JUST IN

    How to Build Daily Focus as a Leader

    February 17, 2026

    7 Leadership Mistakes That Are Secretly Destroying Your Team’s Performance

    February 17, 2026

    Business Environmental Scanning: A Strategic Tool for Nigerian Companies

    October 1, 2025

    Competition Awareness for Sustainable Growth: Insights for Nigerian Businesses

    October 1, 2025

    Top 100 Notable Leadership Experts in the World – From John C. Maxwell to A. Joshua Adedeji to Seth Godin

    September 27, 2025
    • NIGERIA
    • POPULAR POSTS

    Be a Leader Indeed, the One that Inspires!

    July 15, 2025

    Enroll ‘Total Christian Certification’ Course: Transform Your Faith, Lead with Purpose, Live Fully in Christ | Hubpile | KPA | KPM

    April 6, 2025

    Petrol Price Hike: NLC and Atiku Warn of Dire Consequences as Nigerians Face Economic Hardship

    September 9, 2024

    Small Investment, Big Returns: A Guide to Launching a Business in Nigeria with 100k Naira or Less

    August 29, 2024

    Uzza, The Ark of Covenant And The Tale of Sisters Nicki And Tasha

    August 31, 2017

    Tips for Newly Weds: How to Make a Beautiful Home

    January 21, 2017

    Towards Your Destiny: You May Not Look It Now!

    September 6, 2016

    Death Sentence for Kidnappers in Nigeria: What Were Senators Waiting For?

    May 5, 2016
    Podcast This Week

    Subscribe to Updates

    Get the latest creative news from Fridayposts.com about politics, leadership and business.

    FOLLOW US
    • Facebook
    • Twitter
    • YouTube
    • WhatsApp
    Exchange Rate

    Exchange Rate USD: Sat, 7 Mar.

    Type above and press Enter to search. Press Esc to cancel.