• Latest
  • Trending
Ibadan flooding project: Ajimobi’s govt has almost exhausted $200m World Bank loan- Makinde’s aide

Ibadan flooding project: Ajimobi’s govt has almost exhausted $200m World Bank loan- Makinde’s aide

12 months ago
Kizz Daniel released by Tanzanian police , probe continues

Kizz Daniel released by Tanzanian police , probe continues

7 hours ago
Police dismiss officer caught on camera flogging civilian with cutlass

Police dismiss officer caught on camera flogging civilian with cutlass

9 hours ago
VIDEO: Nigerian celebrities who emerged from reality shows

VIDEO: Nigerian celebrities who emerged from reality shows

11 hours ago
Why Buga crooner, Kizz Daniel was arrested in Tanzania

Why Buga crooner, Kizz Daniel was arrested in Tanzania

12 hours ago
BREAKING:  Dariye, Nyame released from Kuje prison

BREAKING: Dariye, Nyame released from Kuje prison

13 hours ago
Insecurity:  Ogbomoso residents stage protest, demand urgent action

Insecurity: Ogbomoso residents stage protest, demand urgent action

15 hours ago
Police warn against celebrating cultism day in Osun

Police warn against celebrating cultism day in Osun

15 hours ago
Osun 2022: Stop attacking Makinde, he has no anointed candidate –Rep

Makinde empowering thugs fingered in killing of people, Oyo APC alleges

15 hours ago
Nigerian embassy in Mexico shut over COVID-19 outbreak

Nigerian embassy in Mexico shut over COVID-19 outbreak

17 hours ago
Sanwo-Olu: Lagos Red Line train to begin passenger carriage January

Sanwo-Olu: Lagos Red Line train to begin passenger carriage January

19 hours ago
Police kill ex-convict, accomplice caught robbing on CCTV in Lagos

Police kill ex-convict, accomplice caught robbing on CCTV in Lagos

20 hours ago
Makinde dissolves Governing Council of Adeseun Ogundoyin Polytechnic

Look into issue of Platinum consultant- Oyo tertiary institutions unions appeal to Makinde

1 day ago
BBNaija 7: Christy O, Cyph evicted

BBNaija 7: Christy O, Cyph evicted

1 day ago
Shina Peller visits family of slain LAUTECH student,  urges security agencies to fish out perpetrators

Shina Peller visits family of slain LAUTECH student, urges security agencies to fish out perpetrators

1 day ago
NAL holds convocation, invests new fellows Thursday

NAL holds convocation, invests new fellows Thursday

1 day ago
Muslim-Muslim ticket: Competence  should be Nigerians focus- Oladosu, YPM president

Muslim-Muslim ticket: Competence should be Nigerians focus- Oladosu, YPM president

1 day ago
10 Sri Lankans disappeared from Commonwealth Games – Official

10 Sri Lankans disappeared from Commonwealth Games – Official

1 day ago
Osun CP disbands tactical  squad over unprofessional conduct

Osun CP disbands tactical squad over unprofessional conduct

2 days ago
  • Contact Us
  • Advertise
Tuesday, August 9, 2022
Newspeakonline
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
UBA
Home News

Ibadan flooding project: Ajimobi’s govt has almost exhausted $200m World Bank loan- Makinde’s aide

Akinwande Soji-Ojo by Akinwande Soji-Ojo
August 12, 2021
in News
Reading Time: 4 mins read
259 3
0
Ibadan flooding project: Ajimobi’s govt has almost exhausted $200m World Bank loan- Makinde’s aide
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

The Chief Press Secretary to Oyo State Governor, Mr. Taiwo Adisa, has declared that there is no truth in the claims that the World Bank-backed Ibadan Urban Flooding Management Project (IUFMP) was cancelled as a result of undue influence from the governor.

RelatedPosts

Makinde empowering thugs fingered in killing of people, Oyo APC alleges

Look into issue of Platinum consultant- Oyo tertiary institutions unions appeal to Makinde

Auxiliary: Hold Makinde responsible if anything happens to Folarin –  Oyo APC

Speaking on Fresh 105.9 FM programme, Situation Room, on Thursday, Adisa stated that out of the $200 million loan, the administration of late Governor Abiola Ajimobi, had spent $50 million and committed about $100 million to several projects, leaving only $50 million for the administration of Governor Seyi Makinde to access.

He maintained that the governor neither influenced the contractors nor tried to influence the contract, stating that Makinde should actually be commended for always insisting on value for Oyo State’s money.

FeedWell

The media aide stated that the clear reason given by the World Bank for the cancellation of the project had to do with the timeline and the response of the state to the project.

“No, they are talking about the timeline, and the response by the state to the World Bank, which has actually been addressed fully. So, there is no ulterior motive in the management of this project,” Adisa said.

He wondered why some mischief makers are deliberately trying to twist the World Bank’s letter dated July 30, 2021, and signed by its Country Director for Nigeria, Western and Central African Region, Shubham Chaudhuri. He added that the World Bank’s letter even recognized Makinde’s unwavering support for the project.

Adisa stated that there was nowhere the World Bank accused Makinde of trying to unduly influence the contracts in the Second Pool of Long-Term Investments (PLT12) under the IUFMP.

He noted that the Bank had, during a mid-term review expressed satisfaction with the governor’s value-for-money initiative, which he claimed was introduced to ensure that the IUFMP continues to deliver excellent service to the people of the state.

The CPS blamed those trying to paint the governor in bad light over the cancellation of the second pool of the $200 million World Bank loan accessed by the immediate past government for the management of flooding in the state as being mischievous.

Adisa maintained that as part of commitment of the Makinde administration to address urban flooding, the governor had asked for the expansion of the work plan to include the desilting of major rivers, including the Agodi Lake, which he said is a major source of flood in Ibadan.

He said: “Governor Makinde did not influence the contracts; he did not influence the choosing of the contractors. There were issues in the past as to who got what in those projects. There are even issues as to what was delivered with the two-thirds of the 200 Million USD Loan already spent or committed by the past administration and what was delivered. 

“If at all, the name of the governor should actually be on the right side of this story, because all he called for when he came on board was what I can refer to as a value-for-money initiative.

“Now, we are just awarding contracts for 45 streams. Where were those 45 streams with the two/third of the money spent? Who are the people getting what?

“For the World Bank, there was a time some of their officials came in for a mid-term review at the Secretariat and they were really satisfied with the initiative, which the governor is bringing in to ensure that the project will continue to deliver for the people of Oyo State. 

“Now, in those areas that the name of the governor has been mentioned, there are no facts in any of those reports. First, if you want to write a report, you need to rely on a document to write it. But in most of the reports I have seen, they were not directly quoting from the letters of the World Bank because the World Bank did not, in any way, say that governor Makinde influenced a particular project or brought a particular contractor. It did not say so. 

“So, if the letter, which is your source to communicate to the people is saying something and you are saying another thing, you should know that there is divergence of opinions and certain influences are responsible for the lies being insinuated  into that report.”

He maintained that if at all, the cancellation would affect the $50 million, according to the World Bank’s letter.

“People should not hide under one finger to be throwing stones at the white house thinking that other people will not know. People know some of these issues but we are not going to talk about the details of some of the things under the table that pushed some of the narratives that you see. Some interests are actually the problem. 

“What we want is the value from this project or the money that the World Bank wants to loan us. If the value for money is in question, we could take our decision and say we don’t want the remaining part of the money again and we source for it locally or within our IGR. 

“All the projects that the governor is doing now are not funded by loans. The APFA is not even a loan. So, if there are things we can take up within our own means, why not? So, people should not paint it out there as if Oyo State is losing money to the tune of N26b. No, they should let us talk about the facts of the matter,” Adisa said.

What's Your Reaction?

  • LolLol
    0
    Lol
  • OMGOMG
    0
    OMG
  • AngryAngry
    0
    Angry
  • LoveLove
    0
    Love
  • CuteCute
    0
    Cute
  • WinWin
    0
    Win
  • CryCry
    0
    Cry

Related

Tags: FloodingIUFMPOyo StateSeyi MakindeTaiwo Adisa
Previous Post

Man docked for admission scam in Ibadan

Next Post

BREAKING: Nigeria shuts UK Embassy as officials test positive to COVID-19

RecentPosts

Police dismiss officer caught on camera flogging civilian with cutlass

Police dismiss officer caught on camera flogging civilian with cutlass

August 8, 2022
Insecurity:  Ogbomoso residents stage protest, demand urgent action

Insecurity: Ogbomoso residents stage protest, demand urgent action

August 8, 2022
Police warn against celebrating cultism day in Osun

Police warn against celebrating cultism day in Osun

August 8, 2022
Osun 2022: Stop attacking Makinde, he has no anointed candidate –Rep

Makinde empowering thugs fingered in killing of people, Oyo APC alleges

August 8, 2022
Nigerian embassy in Mexico shut over COVID-19 outbreak

Nigerian embassy in Mexico shut over COVID-19 outbreak

August 8, 2022
Sanwo-Olu: Lagos Red Line train to begin passenger carriage January

Sanwo-Olu: Lagos Red Line train to begin passenger carriage January

August 8, 2022
Police kill ex-convict, accomplice caught robbing on CCTV in Lagos

Police kill ex-convict, accomplice caught robbing on CCTV in Lagos

August 8, 2022
Makinde dissolves Governing Council of Adeseun Ogundoyin Polytechnic

Look into issue of Platinum consultant- Oyo tertiary institutions unions appeal to Makinde

August 8, 2022
Next Post
BREAKING: Nigeria shuts UK Embassy as officials test  positive to COVID-19

BREAKING: Nigeria shuts UK Embassy as officials test positive to COVID-19

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newspeakonline

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics

Follow Us

No Result
View All Result
  • Home
  • Latest News
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newspeak We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications