FG seeks N500bn coronavirus intervention fund

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FG seeks N500bn coronavirus intervention fund in other to battle the ongoing coronavirus crisis which is currently affecting Nigeria

This appeal was made to the national assembly by the federal government of Nigeria to help curb the spread of the COVID-19 outbreak

The N500bn coronavirus intervention fund is required in order to fight the pandemic created by the coronavirus stated the minister

This request was made by the minister of finance in Nigeria, Ahmed Zainab who made this request to the national assembly today

Recall that three governors have now tested positive to the dreaded coronavirus which includes Bauchi state governor, Kaduna state governor, Nasir El-Rufai and Oyo state governor, Seyi Makinde

Ahmed Zainab made this request at the national assembly complex where she announced that the money will be used to improve the health facilities a news update confirmed by THE PUNCH and Lailasnews

FG seeks N500bn coronavirus intervention fund

She also reveals that the N500bn coronavirus intervention fund will go a long way in improving the current health facilities across states in the country at the moment

The minister of finance also says that the funds will assist the National Directorate of Employment (NDE) in their programs

Ahmed Zainab made this request to the lawmakers and reveals that the funds will be deployed across the country in fighting the coronavirus outbreak

Making this request, she said:

What we are proposing is an establishment of a N500 billion COVID-19 Crisis Intervention Fund. This fund that we are proposing, that should be created, will involve mopping up resources from various special accounts that the government, as well as the Federation, have, to be able to pull this N500 billion.

Our general view is that this crisis intervention fund is to be utilised to upgrade healthcare facilities as earlier identified”

According to the minister of finance the N500bn coronavirus intervention fund will be deposited into several accounts across the multilateral institutions as grants

Recall that the presidency ordered a lockdown of states a few days ago leading to other states also joining in the lockdown

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