Federal Government receives ₦1.69 billion COVID-19 donations

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Federal Government
President Muhammadu Buhari

Federal Government receives ₦1.69 billion COVID-19 donations

The Federal Government ,FG, received a total sum of ₦1.69 billion as COVID-19 eradication support donations from April 1 to May 31.

Henshaw Ogubike, Director, Information, Press and Public Relations, Office of the Accountant General of the Federation, made the disclosure in a statement in Abuja.

Federal Government
President Muhammadu Buhari

Ogubuike said that the donations were received through designated commercial bank accounts and the Central Bank of Nigeria/Treasury Single Account (CBN/TSA).

He recalled that recently, FG, through the office of the accountant general of the federation, opened accounts with some commercial banks, through which the donations could be made.

According to him, this was in addition to the CBN/TSA account, to ensure effective and efficient coordination and management of the funds.

He said a breakdown of the ₦1.69 billion received from the inception of accounts indicated that a total donation of ₦792.12 million was received from April 1 to May 8.

However, Ogubuike noted that the details of the ₦792.12 million received from April 1 to May 8, had earlier been made public.

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The director of information, press and public relations further said that ₦897.64 million was received from May 9 to May 31.

He said that out of the sum, the total amount received through commercial banks was ₦710.076 million while ₦187.56 was received through CBN/TSA.

“From 9th May to 31st May, the sum of ₦100 million was received through Zenith Bank;

₦507.75 million through First Bank; ₦2.21 million through Access Bank; and ₦100.11 million through GT Bank,” he said.

Federal Government receives ₦1.69 billion COVID-19 donations

 

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