Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    XRP Down on Elevated U.S. Treasury Yields, Fed Rate Hike Bet

    September 15, 2026

    NGX Climbs by N575bn as Zenith Bank, Aradel Drive Momentum

    September 15, 2026

    NVIDIA Tokenized Stock Climbs on Robinhood’s Announcement

    September 15, 2026
    Facebook X (Twitter) Instagram
    Trending
    • XRP Down on Elevated U.S. Treasury Yields, Fed Rate Hike Bet
    • NGX Climbs by N575bn as Zenith Bank, Aradel Drive Momentum
    • NVIDIA Tokenized Stock Climbs on Robinhood’s Announcement
    • NDLEA Dismantles Another Industrial Meth Lab, Arrests Fleeing Mexican Kingpin
    • 7 Things to Know About the Dangote Refinery IPO
    • Nigeria’s Headline Inflation Rate Declines to 15.39%
    • South African Rand Weakens Against Crosses as Oil Tops $108
    • Global Equities Markets Bearish on AI Safety Concerns
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Tuesday, September 15
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Federal Government receives ₦1.69 billion COVID-19 donations

    Federal Government receives ₦1.69 billion COVID-19 donations

    Marketforces AfricaBy Marketforces AfricaJune 16, 2020Updated:October 11, 2025 News No Comments2 Mins Read
    Federal Government
    President Muhammadu Buhari
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    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.

    Nigerians Total Debt Profile is N25.7 trillion

    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

     

    COVID-19 DONATIONS Federal Government of Nigeria
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    XRP Down on Elevated U.S. Treasury Yields, Fed Rate Hike Bet

    NGX Climbs by N575bn as Zenith Bank, Aradel Drive Momentum

    NVIDIA Tokenized Stock Climbs on Robinhood’s Announcement

    NDLEA Dismantles Another Industrial Meth Lab, Arrests Fleeing Mexican Kingpin

    7 Things to Know About the Dangote Refinery IPO

    Nigeria’s Headline Inflation Rate Declines to 15.39%

    Add A Comment

    Comments are closed.

    Editors Picks

    XRP Down on Elevated U.S. Treasury Yields, Fed Rate Hike Bet

    September 15, 2026

    NGX Climbs by N575bn as Zenith Bank, Aradel Drive Momentum

    September 15, 2026

    NVIDIA Tokenized Stock Climbs on Robinhood’s Announcement

    September 15, 2026

    NDLEA Dismantles Another Industrial Meth Lab, Arrests Fleeing Mexican Kingpin

    September 15, 2026

    7 Things to Know About the Dangote Refinery IPO

    September 15, 2026
    Latest Posts

    XRP Down on Elevated U.S. Treasury Yields, Fed Rate Hike Bet

    September 15, 2026

    NGX Climbs by N575bn as Zenith Bank, Aradel Drive Momentum

    September 15, 2026

    NVIDIA Tokenized Stock Climbs on Robinhood’s Announcement

    September 15, 2026

    NDLEA Dismantles Another Industrial Meth Lab, Arrests Fleeing Mexican Kingpin

    September 15, 2026

    7 Things to Know About the Dangote Refinery IPO

    September 15, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.