Coronavirus: FG seeks approval of N500bn loan for intervention fund

, 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.

“Our general view is that this crisis intervention fund is to be utilised to upgrade healthcare facilities as earlier identified. While she stressed the need for lawmakers to approve the taking of loans from these special accounts, she assured that the team will return “with a proposed bill in that regard that will define what the fund will be used for.”

“I think time has come for us to redefine the implementation of the Social Intervention Programme, probably going out to communities to give them N20,000 per person might not be the best way to go. It is still an effort, but I think we need a better approach that will be more efficient.”Prior to the loan request, many organisations and individuals have donated monetary and health facilities to help the government fight against the pandemic.

Buchyogba they should give INNOSON N4Billion from there first.

amourab Money that won't be accounted for

They want to make the stealing legal

Useless pple for what?...corona abi

Avenue for more looting

God save us from this mess

Sen Theodore Orji will happily lend them this sum.

Looting initiating 👏👏

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