CBN to start paying Nigerians from Thursday from the allocated N50 billion coronavirus relief funds to assist Nigerians in the lockdown
9jatalkative reports that the coronavirus relief funds, which is currently managed by the NIRSAL Microfinance Bank, has received over 80,000 active applications
The Managing Director of the NIRSAL Microfinance Bank, Mr Abubakar Kure confirmed this today
Mr Abubakar Kure in an interview with a Nigerian news network, THE PUNCH confirmed that applications have been submitted
The managing director revealed that the funds will start being disbursed on Thursday
He revealed that the first applicants who make it through the review will get credited from Thursday 9jatalkative reports
With over 80,000 applications made, many Nigerians have already declared interest in the coronavirus relief funds
The managing director Making the announcement that the CBN to start paying Nigerians from Thursday made the statement
He said that the CBN to start paying Nigerians from Thursday saying:
“But we are hopeful that towards Thursday or Friday, the disbursement of the fund would commence”
The central bank of Nigeria released some guidelines on how the coronavirus relief funds will be released to nigerians
The central bank of Nigeria announced that the Nigerians who will benefit from the coronavirus relief funds will show that the COVID-19 outbreak has adversely affected them
It was further clarified as those whose lives have been adversely affected by the outbreak of coronavirus in Nigeria
The coronavirus relief funds will also be sent to families who have been verified to be struggling due to the pandemic
The funds will also be sent to businesses which have been properly verified to have been affected by the coronavirus pandemic
Verification will be conducted through active bank verification and funds will start being disbursed from Thursday
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