By Muhammad Ibrahim, Sokoto
The World Bank Financial Management Specialist, Mr. Arigu Yusufu Kudu, has praised the Sokoto Livelihood and Public Works Project (L-PRES) office for its timely financial reporting processes.
The commendation was made during a financial review meeting with management teams of World Bank-funded projects in Sokoto State, including L-PRES, RAAMP, and ACReSAL.
The financial review meeting aimed to address seven key areas as Interim Financial Report, Internal Audit Report, External Audit Report, Fixed Asset Register as well as Bank Statement.,Bank Reconciliation and Statement of Expenditure.
The objective of the review was to identify and correct anomalies in financial reporting processes, enhancing the efficiency of the projects in fulfilling their responsibilities.
Mr. Arigu expressed appreciation for the dedication and commitment of the L-PRES management team, acknowledging their efforts in maintaining high standards of financial management.
The commendation highlights the L-PRES office’s effectiveness in managing World Bank funds and its potential for continued success in project implementation.
