Home News Group Warns Oyo Govt. Against Losing $200m Donor Fund

Group Warns Oyo Govt. Against Losing $200m Donor Fund

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A non-governmental organisation, the Ibadan Ko ‘Ya Anti-Corruption Coalition, has urged the Oyo State government not to delay  in approving and releasing names of qualified contractors to handle some world bank drainage projects in Ibadan, the state capital.
It said any  delay could cost the state $200million World Bank funding.  The group added that the contract should not be awarded to other companies as the sum to be paid them, said to be about N7billion, would be far higher than the proposal submitted by the bidders.

The group, in a statement by its Coordinator Oladele Morufu and Secretary Joel Adeoye, urged the people of Ibadan and Oyo State to prevail on the government not to further delay the announcement and submission of names of qualified contractors to the World Bank before it is too late.  The group said the contractors who participated in the bid were over 28 but said it appeared as if certain other contractors were preferred.

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