World Bank Praises Yahaya Bello For Refunding $4.63m

July 16, 2021
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

Featured Stories

Latest from News

Iran Strikes Kill Three in UAE Amid Gulf Attacks

Iran has launched a sustained wave of missile and drone attacks across Gulf states, killing three people in the United Arab Emirates and injuring dozens more, Emirati authorities say. The strikes, which began on Saturday, mark an unprecedented escalation in the region

Omokri Rejects Claims Tinubu Using ‘Mystical Powers’

Controversial social commentator, Reno Omokri, has rejected claims that Nigeria’s president, Bola Tinubu, is relying on mystical influence to consolidate political support. In a post on social media on Sunday, Omokri said the president’s growing influence was instead based on economic performance

Pope Urges Peace as Middle East Violence Escalates

Pope Leo XIV has called on countries involved in the escalating conflict in the Middle East to recognise their moral responsibility to pursue peace. Speaking during his Angelus address on Sunday, the Pope expressed “deep concern” over recent developments, particularly in Iran,
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

As Super Eagles Fly Home To The Nest

Super Eagles Beats Mozambique, Claim First Friendly Victory In 16 Matches

Nigeria's Super Eagles Monday evening defeated a 10-man Mozambique side
New Report Shows Hardship Forces Nigerians In Saudi Arabia, Benin To Return

New Report Shows Hardship Forces Nigerians In Saudi Arabia, Benin To Return

The National Bureau of Statistics (NBS) has revealed that hardship