Gov Buni tells Work Bank–Delay in releasing funds for recovery projects causing inflation


Yobe State Governor, Mai Mala Buni has warned the World Bank that delay in releasing of funds for projects will only attract inflation because of the decline in foreign exchange.

The Governor gave the warning in a statement by his Spokesman,
Mamman Mohammed during a meeting with Mr. Shubham Chaudri, World Bank’s Country Director on Tuesday.

The meeting centered on the implementation of the Multi Sectoral Crisis Recovery Projects in the North Eastern states.

Governor Buni urged the Bank, to speed up completion of Multi-sectoral Crisis Recovery Projects, (MCRP), in the state including the Gujba-Mutai Road.

The participants observed that the programme had lost 15 months out of its implementation time frame and would need to hasten up to recover the lost time.

The Country Director, Mr. Chaudri assured that he will deliver the worries and concern of the MCRP implementing states to the World Bank headquarters.

Gov. Umara Zulum of Borno State and Governor Umar Fintiri of Adamawa state were represented, calling for improvement on implementation of MCRP projects in the northeast region.

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