Mr Adesina said his current activities at the top continental bank will not allow him to accept a presidential run.
The All Progressives Congress (APC) has extended the deadline for the sale of its expression of interest and nomination forms to May 12.
Mr Bakare also compared the N100 million he paid to obtain the APC presidential nomination forms and political ambition with the biblical Jesus’ sacrifice.
The sale of the forms was initially scheduled to begin on Saturday, but was postponed due to logistic and administrative challenges.
The Peoples Democratic Party has again extended the date for its sale of nomination and expression of interest forms to Friday.
Mr Makinde will face battles in his quest to continue in power both from opposition APC and within his Peoples Democratic Party faithful.