Federal Government okays another N620m to fight against Coronavirus

Federal Government okays N620m to fight against coronavirus

The Nigeria Federal government has okays the sum of 620 million naira (N620,000,000) to fight against coronavirus. President of Nigeria, Gen. Muhammadu Buhari in a statement which was released on Friday March 6th, through the Honourable Minister of Finance, Budget and National Planning, Zainab Ahmed, said the federal government has approved the sum of 620 million naira, to stop the spread of the deadly coronavirus in Nigeria.

However, the first case of coronavirus which was recorded in Nigeria on 24th, February, 2020 and few other cases reported in Lagos and Ogun states respectively have put the country and its leadership in confusion.

According to report reaching our desk, the fund which was approved by the president is based on emergency. However, the sum of three hundred and sixty four million naira (N364,000,000) was earlier released, with the second tranche fund of 620 million naira, making a total of 984 million naira (N984,000,000) released to tackle the spread of the deadly coronavirus in the country.

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The statement read as follows; “The Ministry of Finance, Budget and National Planning has released the first tranche, a total of N364 million previously and the process of releasing the second tranche had been approved with the release of another 620 million (N620,000,000) today, making a total of 984 million naira (N984,000,000).”

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Mrs. Zainab Ahmed, while being interviewed yesterday, confirmed the second tranche of the fund would be released today.

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