Monday, April 15, 2024

FG releases N984m to fight Coronavirus

As the dreaded Coronavirus (COVID-19) spreads across the globe, the Federal Government of Nigeria at the weekend released N620 million, the second tranche of the funds needed to tackle the scourge. N364 million had earlier been released in February and this brings the total money spent to N984 million. 

An aide of the Finance Minister, Tanko Abdullahi made the disclosure in a statement.

He said: “The approval by President Muhammadu Buhari for the release 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. However, the Ministry of Finance, Budget and National 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”.

Advertisement

“The 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”, he said.

signaturetv.org/sunnewsonline/IJM

Signature TV
Signature TVhttps://signaturetv.isitedigitals.com
Signature TV is a multi-media company, owners and operators of signaturetv.org and producers of The Signature Show on AIT and Corruption Tori. Our programmes are broadcast on the AIT Network and on Seven NTA stations across the country. We are content providers for a number of television networks and some State TV stations, with a respected 24/7, high online and offline followership. We are also Communications/Media Consultants to MacArthur Foundation, Ford Foundation and OSIWA.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Latest Articles