Published April 16th, 2012
like to congratulate Dr Jim Yong Kim on his emergence as President of the World
Bank Group. I look forward to working with him, staff and stakeholders of the
World Bank Group for the benefit of poor people around the world. Their plight
is at the heart of the mandate of the institution and we must never lose sight
With regard to the selection process, it is clear to me that we need to make it
more open, transparent and merit-based. We need to make sure that we do not
contribute to a democratic deficit in global governance.
Nevertheless, by our participation we have won important victories. We have
shown what is possible. Our credible and merit-based challenge to a
long-standing and unfair tradition will ensure that the process of choosing a
World Bank president will never be the same again. The struggle for greater
equity and fairness has reached a critical point and the hands of the clock
cannot be turned back.
I congratulate Dr Jose Antonio Ocampo for being a worthy participant and for his
decision to withdraw his candidacy in my favour.
I am proud of Africa for displaying great unity in supporting my candidacy. I am
proud of my country Nigeria for standing by me. I want to thank all the African
leaders, but particularly President Goodluck Ebele Jonathan for his resolute
support, along with other leaders – President Boni Yayi of Benin Republic,
President Alassane Ouattara of Cote d’iVoire, President Jacob Zuma of South
Africa and Chair of the African Union, Mr Jean Ping. Africa has stood for the
right principles throughout these processes. I am proud to be African.
I want to thank other developing countries who supported my candidacy. I also
thank the Nigerian public, the National Assembly and the Nigerian and
international media for their analyses and support. I am deeply grateful to the
numerous groups and individuals in different parts of the world that worked so
hard and so passionately in my support.
It was a worthwhile battle. Now it is time to move on and contribute to the
search for solutions to the many developmental challenges that confront the
Abuja, April 16, 2012