Suggestions




World Bank Praises Yahaya Bello For Refunding $4.63m

July 16, 2021
by
Yahaya Bello
Yahaya Bello

The World Bank has heaped praises on Governor Yahaya Bello of Kogi State,  for refunding the sum of $4.63m surplus under the Nigerian Erosion Watershed Management Project (NEWMAP).

In a letter signed by its Regional Manager, Shubham Chadhuri, the World Bank said the governor’s action is a sign of good leadership. They said this singular act of his will further help the organization assist other states like Plateau state who have fund deficit.

Join our WhatsApp Channel

Chaudhuri said the timeliness helped the bank’s decision to extend the closing date of the project from June 30, 2021 to June 30, 2022.

The returned surplus, he noted, will ensure that other States finish their civil works, while Kogi focuses on completing its approved ongoing works.

The bank said, “We look forward to your continued leadership in following up on the progress and completion of such works.

“We trust the project can be brought to an orderly closure in your state, while achieving its intended objective and contributing to transforming lives and alleviating poverty.

“We also take this opportunity to request that you kindly also expedite the issuance of a required Letter of Comfort.”

+ posts

Kayode Shopekan

Related Posts

Previous Story

Entrepreneur Hails Women Leading Top Nigerian Banks

Austin Avuru
Next Story

AUSTIN AVURU: No Panic Button, Oil Will Still Be Relevant In 30 Years  

Featured Stories

Related Posts

Latest from News

Nigerian Govt To Probe Ajaokuta Steel N33bn Electricity Debt Amid TCN Disconnection

FG Advances $2bn China-Backed Plan to Revive Ajaokuta Steel

The Federal Government has stepped up high-level negotiations with Chinese investors to revive the 42-year-old Ajaokuta Steel Company, unveiling a proposed $2 billion investment anchored on a production-sharing model aimed at restoring large-scale steel manufacturing in Nigeria. Director-General and Global Liaison of
Nigeria,s GDP

Nigeria’s GDP Grows by 4.07% in Q4 2025 – NBS

Nigeria’s Gross Domestic Product (GDP) expanded by 4.07 per cent year-on-year in real terms in the fourth quarter of 2025, according to the latest report released by the National Bureau of Statistics (NBS). The growth rate is higher than the 3.76 per

Adamawa Governor Fintiri Swaps PDP for APC in Strategic Realignment

In a landmark political development, Governor Ahmadu Umaru Fintiri of Adamawa State has officially left the Peoples Democratic Party (PDP) to join the All Progressives Congress (APC), signalling a major shift in the state’s political landscape, Prime Business Africa reports. In a
Previous Story

Entrepreneur Hails Women Leading Top Nigerian Banks

Austin Avuru
Next Story

AUSTIN AVURU: No Panic Button, Oil Will Still Be Relevant In 30 Years  

Don't Miss

Soludo Hails Air Peace Boss, Allen Onyema, On His 59th Birthday 

World Food Programme (WFP), a United Nations agency operating in
Bayelsa Guber: APC Kicks Against Alleged Plans To Collate Nembe, Southern Ijaw LGAs Votes In Yenagoa

Bayelsa Guber: APC Kicks Against Alleged Plans To Collate Nembe, Southern Ijaw LGAs Votes In Yenagoa

APC has called on the Independent National Electoral Commission (INEC)