Nigeria: Coronavirus – FG Seeks Approval of N500bn Loan for Intervention Fund

The federal government wants to create a N500 billion crisis intervention fund to help contain the rising cases of coronavirus across the country.

The Minister of Finance, Budget and National Planning, Zainab Ahmed, presented an executive proposal to “establish a N500 billion COVID-19 Crisis Intervention Fund” during a meeting with the leadership of the National Assembly on Saturday.

The fund, she said, will involve mopping up resources from various special accounts of he government, to be able to…

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