FG releases N984m for Covid-19

coronavirus covid-19

The Federal Government of Nigeria has released N620 million, the second tranche of the funds needed to tackle the coronavirus (Covid-19) disease.

This was disclosed in a statement by Yunusa Tanko Abdullahi, the Special Adviser, Media & Communications, to the Minister of Finance , Budget and National Planning late evening Friday.

The Ministry 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.

The statement noted that “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.”

Responding to a media enquiry, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, had promised that the second tranche of the needed fund would be released Friday, which has been done, keeping to the promise.

Download Daily Trust News App

Get it on Google Play
Share this article

Join us on

Join our whatsapp group here for Breaking News, Exclusives , others

Complain about a story or Report an error and/or correction: +2348189301900 (Whatsapp and SMS only) Email:

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.