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Home Blog Page 6341

Our Article Makes LinkedIn Editors’ Pick

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Good People, if you have noticed, LinkedIn has been putting our contents on LinkedIn Editors’ Pick (see this). There is no debate – I am enjoying amala, nkwobi and zobo, digitally here. It does demonstrate that Linkedin sees us as being unbiased, fact-based, and indeed professionals with no agenda. Yes, we use tools to report and analyze mechanics of market systems the way they are. 

I thank LinkedIn Editors for the vote of confidence. Please FOLLOW me here (not Connect as I’ve exceeded the 30k limit); we will continue to co-learn with respect, and balance.

 

Steven T. Mnuchin (U.S. Treasury Secretary) Letter On AfDB’s President Akinwumi Adesina Investigation

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AfDB president Akinwumi Adesina
Akinwumi Adesina

First, it is very painful for me to write this. African Development Bank (AfDB) President, Akinwumi Adesina, is my person and I am one of his biggest fans for his efforts on African agriculture. I gave a speech in Nigeria’s National Assembly last year on agro-reform; my work that day was easy because of Dr Adesina. ( I was invited for our work on Zenvus.) Yes, if you are looking at a playbook for agriculture in Nigeria, go, copy, adapt and implement what AfDB has for member countries.

There were some accusations against Dr Adesina by some AfDB stakeholders. The Ethics Committee of the Bank’s Board was put into action; he was exonerated by the Committee.

The big news now is that the United States Government through the Secretary of Treasury, Steven T. Mnuchin, has rejected the conclusion, and is asking for an independent investigation. That changes the dimension of this whole thing. The letter is attached here (pdf). Dr. Adesina was largely walking into the second term of the AfDB presidency before this investigation began.

Premium Times has some of the allegations.

ALLEGED BREACHES OF CODE OF CONDUCT

The original complaint seen by PREMIUM TIMES include 16 cases of alleged breaches perpetrated by Mr Adesina and an additional four cases of breaches later sent to the Board of Governors.

The allegations range for alleged misconduct and favoritism, arbitrary recruitment, private gain, impediment to efficiency, singlehandedly overruling decisions taken by directors, nepotism, political lobbying, use of bank resources for private gains.

[…]

The whistleblowers claimed that almost immediately after Mr Adesina’s assumption of office, he usurped the role HR manager, “playing very active role in the recruitment of all managerial positions”.

[..]

The whistleblowers also alleged that under Mr Adesina’s presidency, the bank’s organisation chart was altered to promote Nigeria to an almost full-fledged region.

[…]

The whistleblowers described Adesina as “the unchallenged travel champion” of the bank and accused him of using the opportunities of his travels to meet regional heads of States and making financial promises to obtain their support for his re-election.

Week 16 Session

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Note – Watch  this video on capturing value   This week, we will focus on Supply Chain Management, Global Partnership & Contracting. Adebayo Adeleke, a former Chief of Contracting and Supply Chain in the United States Army is anchoring the session. He has many videos as we do believe that many people want to learn […]

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26.4 – Training

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Provide proper training Employees who generate vulnerabilities are a cybercriminal’s best friend for breaching through an organization’s security protections. Whereas technical security protections are essential, employees carry on to be the weakest link when it comes to defending business information from cyber criminals of a range of sizes, shapes, and inspirations. The constant attempts of […]

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26.3 – Contingency Plan

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Contingency plan for attack Contingency plans are usually considered to be the area of very large organizations, like large financial organizations, which need to maintain trading even in the incident of key global disaster. Though, small firms particularly ones without dedicated IT staff are usually the most susceptible to loss of output because of apparently […]

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