Close button
The Guardian
Email YouTube Facebook Instagram Twitter WhatsApp

Makinde begs World Bank to retain funding for contracts


Oyo State governor Seyi Makinde. Photo/SeyiMakinde

Promises govt’s commitment to flood project

Oyo State Governor, Seyi Makinde, has appealed to the World Bank not to withdraw its conditional no objection for the Second Pool of Long Term Investments (PLTI2) BERs, and make available funding for the contracts.


The governor’s appeal came on the heels of the decision of the bank to withdraw its support to Oyo State on the PLTI2 in a letter conveyed by Mr. Shubham Chaudhuri, the country director, Nigeria, Western and Central Africa Region, to the governor.

Besides, Makinde expressed his avowed commitment to the timely completion of the World Bank-backed Ibadan Urban Flood Management Project (IUFMP).

In a statement yesterday, the Chief Press Secretary to the Governor, Mr. Taiwo Adisa, said that the state also rejected insinuations that the World Bank had withdrawn its commitment to IUFMP owing to the display of undue interests by the governor.


The statement reads: “The commitment of the governor and Oyo State Government is coming at a time when the World Bank, in its correspondence of July 30, 2021, to Governor Makinde pointed out administrative issues and strengthening of the safeguarding team.

“The bank, nonetheless, expressed recognition of Makinde’s unwavering support to the important project.

“The dredging exercise is ongoing, helping to provide instant relief to residents of flood-prone areas where structural interventions are yet to take place.


“Work on the long-term investments is ongoing on the channels of Agodi, Kudeti, Ogbere, Orogun, and so on, as earlier launched, barring the occasional drawbacks by the inclement weather.

“Nowhere in the letter from the World Bank were issues of personal interest or insistence on some contractors mentioned,” he said.

The statement noted that while a correspondence from the World Bank, signed by Chaudhuri, had conveyed the determination of the status of its support for the project, the said decision was not a result of undue interference by Governor Makinde.


In this article:
MakindeOYOWorld Bank
Receive News Alerts on Whatsapp: +2348136370421

No comments yet