How COVID-19 funds have been spent so far- Fed. Govt.



Minister of State, Ministry of Budget and National Planning Prince Clem Agba, on Thursday, gave a breakdown of the COVID-19 expenditure in the country.

Agba revealed this at the COVID-19 Transparency and Accountability Project (CTAP) Conference organised by Connected Development (CODE) in partnership with BudgIT civil society organisation in Abuja.

According to Agba, of the N500 billion COVID-19 funds, N288 billion has been released to implementing agencies to support programmes and Federal Government, while the ministry is now in the process of, releasing additional sums to Ministries, Departments and Agencies (MDAs).

“The total package includes N500 billion stimulus from special Federal Government account in the budget and a ₦1.8 trillion through financial institutions.

Read More