Federal Government To Release N6.5bn For Coronavirus Emergency Intervention

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As the novel Coronavirus spread intensifies, the Federal Government has announced plans of releasing additional N6.5billion as an emergency intervention to the National Centre for Disease Control (NCDC).

Bashir Ahmad, the personal assistant on new media to President Buhari revealed on Thursday via his official Twitter account. According to Ahmad, the move which was confirmed by Nigeria’s Finance Minister, Zainab Ahmed, is to aid in the fight to curb the spread of the COVID19 in the country.

This will bring the total amount released by the federal government to tackle coronavirus to N7.484 billion. The N6.5 billion, the highest tranche to be released for coronavirus intervention will be the third tranche of funds to be disbursed by the government, after the first and second tranche of N364 million and N620 million respectively.

Since the release of the last tranche of funds, the number of confirmed cases in Africa’s most population nation has increased by more than 100 percent.

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