The has been a low rate of execution of the Public Investment Budget, PIB, in the restive North West and South West Regions following insecurity from separatist fighters and lukewarm attitude of administrators
The was disclosed in Yaounde Monday November 12, 2024 by members of PIB Follow-up Committee in the two regions.
This was during the third quarter meeting of the National Committee for the Follow-up of the Physical and Financial Execution of Public Investment.
Breaking down the realisation rate of the project by the six Divisions of the Southwest region, it shows that Fako, with a total of 91 projects, has a physical realisation rate of 21.69 percent, Kupe Muanenguba with 51 project has recorded 21 percent in physical realisation, Lebialem which was awarded 52 project has so far recorded a dismal 7.67 percent for physical realisation. For Manyu, it was awarded a total of 64 projects, and so far in to the first semester, it has realised 16.59 percent. Meme Division, awarded 69 projects has just a 9.69 percent in physical realisation. Ndian on its part, with 75 projects has a dismal record of 5.36 percent realisation rate. These all, alongside the regional vote holding committee with 30 projects and a 23.07 percent realisation rate, puts the figures at the regional level to 15.27 percent in physical realisation of the 432 projects awarded to the Southwest region.
The committee for the follow-up of the public investment budget, PIB, blamed the poor results to the Anglophone crisis in the region, saying that it has crippled many aspects of life and also hampered the realisation rate of the Public Investment Budget in the region. The committee averred that the crisis has made “contractors timid in tendering for projects in the region”. She equally noted that the region has its peculiarities like heavy rains that usually slow down project realisation, but maintained that the crisis shoulders most of the blame.
In an interview granted to the press, she said that at the backbone of the crisis, the real problem is unemployment because people with skills are going about without jobs, thus making them to be idle and hungry, and that since a hungry man is also known to be an angry man, they can disrupt life, just in an effort to take control of the situation. She told participants that the realisation rate of the projects in the region is supposed to be at least at 50 per cent, insisting that “together, we can make a difference, and together, we will”.
