In a letter of appreciation signed by its
Regional Director, Shubham Chaudhuri, the apex bank described the step as a
sign of good leadership.
According to the World Bank, the action by
the Governor has made it possible for the organisation to extend its projects
to other States facing deficit funds and to extend the closing date of its
projects.
Part of the letter reads “I am writing to
convey my sincere appreciation for the transfer to Plateau State of the surplus
project funds, amounting to USD 4.63 million, that was available in the State’s
NEWMAP Designated Account.
“This action was made possible by your
Excellency’s leadership, and its 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 funds will ensure
that other States facing a deficit of funds are able to complete their civil
works, while Kogi state focuses on completing its approved ongoing works.
“Meanwhile, 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.”