VAIDS

Thursday, January 18, 2018

President Buhari, President Adesina and AfDB

One of the major events that is expected to take place in Abuja today is the commissioning of the new office complex of the African Development Bank (AfDB). 

The state-of-the-art Nigeria Country Department (RDNG) office complex, situated in the Central Business District of Abuja is the first permanent structure to be
designed and constructed in any regional member country of the Bank. Nigeria is the AfDB’s largest shareholder with a portfolio of approximately $6 billion and country operations accounting for 13% of the Bank’s total portfolio. 

Following the Bank's Board of Directors’ approval of the “Rent or Acquire Premises for Field Offices” policy and the recommendation to construct a new office in Nigeria, construction work started in January 2016 and lasted 16 months. The 220-staff capacity four-storey building would now become a model for replication in other countries. 

Two major presidents are expected to perform key roles at today's commissioning and beyond: President Muhammadu Buhari of Nigeria and President Akinwunmi Adesina of AfDB. These presidents are expected to work together to implement the "High 5s Agenda and meet the Sustainable Development Goals’ targets" in Nigeria and African countries.

Idowu Sowunmi

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