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HomeNewsCOVID-19: FG Received N1.69b COVID-19 donations – AGF

COVID-19: FG Received N1.69b COVID-19 donations – AGF

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Chairman of The Presidential Task Force (PTF), Boss Mustapha

Federal Government of Nigeria has so far received a total sum of N1.69 billion donations as support through designated commercial banks and the Central Bank for the fight against COVID-19 between April 1 to May 31, the office of the Accountant General of Federation (AGF) disclosed on Monday.

Director, Information, Press and Public Relations, AGF’s office, Mr Henshaw Ogubike, who made the disclosure in a statement on Monday in Abuja, recalled that the Federal Government had through the office, opened accounts with some commercial banks, through which the donations could be made.

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This, he explained, was in addition to the CBN/TSA account, to ensure effective and efficient coordination and management of the funds. According to him, a breakdown of the N1.69 billion received from the inception of accounts indicated that a total donation of N792.12 million was received from April 1 to May 8.

While noting that a sum of N897.64 million was received from May 9 to May 31, Ogubuike said details of the N792.12 million received from April 1 to May 8, had earlier been made public.

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He said that out of the total figure, the total amount received through commercial banks was N710.076 million, while N187.56 was received through CBN/TSA.

“From 9th May to 31st May, the sum of N100 million was received through Zenith Bank; N507.75 million through First Bank; N2.21 million through Access Bank; and N100.11million through GT Bank”.

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