The Federal government has released N620 million for the fight against coronavirus.
Minister of Finance, Zainab Ahmed, in a statement released
She said the first tranche of N364 million was earlier
“The approval by President Muhammadu Buhari for the release
“However, the Ministry of Finance, Budget and National
“Responding to a media enquiry yesterday, the Honourable
Nigeria recorded its first case of the virus on February 24th.
on Friday March 6th, said the approval and release of the funds by
President Buhari was based on emergency.
released, making a total of N984 million released to tackle the spread
of the virus in the country.
of funds to tackle COVID-19 was an emergency and the process of
releasing the fund was also an emergency as it was an unexpected
expenditure,” the statement read.
Planning had released the first tranche of N364 million sometime ago and
the process of releasing the second tranche has been concluded with the
release of N620 million this morning, bringing total release to N984
million.
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed,
promised that the second tranche of the needed fund would be released
today, which has been done, keeping to the promise.” she said
FG releases fresh N620m for fight against coronavirus
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