Tuesday, 16 June 2020 05:19

FG receives N1.6b Covid-19 donations in two months

Rate this item
(0 votes)

Federal Government on Monday announced that a total of N1,689,757,489.87 was received as Covid-19 donations from April 1 to May 31, 2020.

It said the funds were received through designated commercial bank accounts and Central Bank of Nigeria/Treasury Single Account.

It disclosed this in a public notice on the details of the donations received through Deposit Money Banks and CBN/TSA signed by Accountant-General of the Federation, Mr Ahmed Idris.

Federal Government, through the Office of the Accountant General of the Federation, had opened commercial bank accounts, in addition to the CBN/TSA account, through which donations to support the eradication of the Covid-19 in Nigeria could be made.

The government had explained that this move was to ensure effective and efficient coordination and management of the funds.

Providing a breakdown of the N1,689,757,489.87 received from the inception of accounts on April 1, 2020 to May 31, 2020, the government said a total donation of N792,121,613.89 was received from April 1 to May 8, 2020.

It added that N897,635,875.98 was received from May 9, to May 31 2020.

“From the N897,635,875.98 received from May 9, to May 31, 2020, the total amount received through commercial banks was N710,076,331.60,” it explained in the notice that was made available in Abuja by Director, Information and Public Relations, Office of the Accountant General of the Federation, Mr Henshaw Ogubike.

It further stated that the total received through CBN/TSA was N187,559,544.38.

Federal Government also noted that from May 9 to May 31, 2020, N100,005,000 was received through Zenith Bank; N507,753,731.60 received through First Bank; N2,210,100 received through Access Bank, and N100,107,500 received through Guarantee Trust Bank.

It said details of the N792,121,613.89 received from April 1, to May 8, 2020, had earlier been made public.

 

Punch

January 18, 2025

Petrol sells higher across Nigeria as Dangote Refinery raises prices

The price of Premium Motor Spirit (PMS), commonly called petrol, has risen sharply across Nigeria…
January 19, 2025

‘Govt destroys lives in Nigeria; UK shouldn’t be allowed to become such’ - Kemi Badenoch

The leader of UK’s Conservative Party, Kemi Badenoch, has said she doesn’t want Britain to…
January 19, 2025

3 reasons it's hard to make friends as you get older

When I first moved to New York City, it took me about a year to…
January 18, 2025

Vandals plunge Nigeria’s seat of power into darkness

In a spectacle befitting a nation where irony is never in short supply, the Presidential…
January 18, 2025

Oba Otudeko flees Nigeria as EFCC tightens noose

In a dramatic twist, Oba Otudeko, former chairman of First Bank of Nigeria (FBN), has…
January 19, 2025

Here’s the latest as Israel-Hamas war enters Day 471

Gaza ceasefire and hostage release set to begin A ceasefire in Gaza between Israel and…
December 25, 2024

Stem cell therapy to correct heart failure in children could 'transform lives'

Renowned visionary English physician William Harvey wrote in 1651 about how our blood contains all…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.