Oyo State Government has restated its commitment to the timely completion of the ‘World Bank-Assisted” Ibadan Urban Flood Management Project (IUFMP).
The state Governor, Seyi Makinde said this in a statement issued on Wednesday in Ibadan by his Chief Press Secretary, Mr Taiwo Adisa.
He 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The governor also denied insinuations that the World Bank had withdrawn its commitment to IUFMP due to display of undue interests by his administration.
“The commitment of Oyo State Government is coming at a time when the World Bank in its correspondence of July 30, to Gov. Makinde, pointed out administrative issues and the need to strengthen the safeguard team.
“The Bank, nonetheless, expressed recognition of the governor’s unwavering support to the important project.”
According to the governor, the state remains committed to its letter of undertaking submitted to the bank in May.
“Already, our appeal has been forwarded to the World Bank with six strategic and critical progress milestones comprising Activities, Proactive Steps and Status.”
The governor drew attention of the World Bank to the “proactive steps already taken and the commitment to the Project (IUFMP) in the last two months.
“Makinde also outlined areas of alignment with the observations made by the financial institution.”
The governor maintained that the state would continue to fund and complete works post-June 2022 project completion date. (NAN)