Share this:

Like this:

Like Loading...
" />
Published On: Mon, Mar 9th, 2020

FG releases N620m, Second Tranche for COVID-19

Share This
Tags

By Etuka Sunday

The Federal Government of Nigeria has released N620 million, the second tranche of the funds needed to tackle the menace of globally-threatened COVID-19 disease.
A statement by Special Adviser, Media & Communications, to the Honourable Minister of Finance , Budget and National Planning, Yunusa Tanko Abdullahi has 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.
Responding to a media enquiry yesterday, the Honourable 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.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

%d bloggers like this: