Fg Receives N1.69B Covid-19 Donations – Accountant General Of The Federation


Abuja-------------- The Federal Government has said that it has so far received a total of N1.69 billion as donations towards the eradication of  COVID-19 pandemic between  April 1 to May 31, 2020.

The Director, Information, Press and Public Relations, Office of the Accountant General of the Federation, AGF,  Mr Henshaw Ogubike,    made this known  in a statement Monday, in Abuja.

Ogubuike said that the donations were received through designated commercial bank accounts and the Central Bank of Nigeria/Treasury Single Account, CBN/TSA, pointing out that the Federal Government, had through the office of the AGF, opened accounts with some commercial banks, through which such donations could be made.

He stressed that the accounts were in addition to the CBN/TSA account, to ensure effective and efficient coordination and management of the funds.

According to Ogubuike, a breakdown of the N1.69 billion received from the inception of accounts showed that N792.12 million was received from April 1 to May 8, 2020, even as the details of the receipts had earlier been made public.

He also said that N897.64 million was received from May 9 to May 31, just as N710.076 million was received from the designated accounts while N187.56 was received through CBN/TSA.

“From 9th May to 31st May, 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,” he said.