World Bank Commends Bello For Refunding $4.63m Erosion Funds
POLITICS DIGEST – The World Bank has commended Governor Yahaya Bello of Kogi for refunding US$ 4.63 million surplus funds under the Nigeria Erosion and Watershed Management project (NEWMAP).
The World Bank also appreciated Gov. Bello for his support to NEWMAP activities in Kogi State.
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In a letter of appreciation entitled ‘Refund of Surplus Project Funds to the World Bank under the Nigeria Erosion and Watershed Management Project (NEWMAP) (IDA Credits: 62770, 62780)’, signed by its Regional Director, Shubham Chaudhuri, the Bretton Woods institution asserted that Bello’s action made it possible for the organisation to extend its projects to other states facing deficit funds and closing date of its projects.
The letter read in parts: “I am writing to convey my sincere appreciation for the transfer to Plateau State of the surplus project funds, amounting to $4.63 million, that was available in the state’s NEWMAP Designated Account.”
