NG-CARES: FG disburses N135bn to states, FCT

The Federal Government has disbursed N135,479,884,677.02  to the 36 states and the FCT after the second independent assessment of results achieved under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES), a World Bank-assisted performance. NG-CARES’ information and communication officer,Suleiman Odapu, in a statement Sunday, said the national coordinator of the programme, Dr Abdulkarim Obaje, […]

NG-CARES: FG disburses N135bn to states, FCT

The Federal Government has disbursed N135,479,884,677.02  to the 36 states and the FCT after the second independent assessment of results achieved under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES), a World Bank-assisted performance.

NG-CARES’ information and communication officer,Suleiman Odapu, in a statement Sunday, said the national coordinator of the programme, Dr Abdulkarim Obaje, said the funds were disbursed based on the results achieved by the states and the FCT in their  efforts at  supporting poor and vulnerable Nigerians

“The top three best performing states in this Second Round of Assessment are Nasarawa which earned N13,697,828,496.96; Cross River, N10,944,747,818.84 and Zamfara, N10,231,055,267.82.

“This is a milestone achievement in the efforts of President Bola Ahmed Tinubu’s administration at providing funds towards addressing multi-dimensional poverty in the country.” Obaje was quoted to have said.

He commended the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, for providing the needed leadership to coordinate the implementation of the programme at the states and FCT.

He also commended state governors, the FCT Minister and the World Bank for providing support.