FG Receives N1.6bn COVID-19 Donations

The Federal Government of Nigeria, 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 the 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 the Accountant-General of the Federation, Ahmed Idris.

The 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.


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