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FG Releases Fresh N620m For Fight Against Coronavirus

The federal government has released N620 million, the second tranche of funds, provided to address coronavirus.

Yunusa Tanko Abdullahi, the special adviser to the minister for finance, Zainab Ahmed has confirmed the release of a fresh N620 million to health ministries to strengthen them in their fight against the deadly coronavirus.

Making the revelation while fielding questions from newsmen on Friday, Abdullahi added that the release and approval of the funds by President Muhammadu Buhari was based on emergency.

This is coming after N364 million was initially released.

“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.”

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