The Federal government has on March 6 released N620 million for the fight against coronavirus.
In a statement released, the Minister of Finance, Zainab Ahmed said the approval and release of the funds by President Buhari was based on emergency.
She said the first tranche of N364 million was earlier released, making a total of N984 million released to tackle the spread of the virus in the country.
The statement reads;
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 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.
She added that;
Ministry of Finance, Budget and National Planning has promised that the second tranche of the needed fund would be released today, which has been done, keeping to the promise.
Nigeria recorded its first case of the virus on February 24th.
