Coronavirus: FG Seeks National Assembly’s Approval For N500bn Intervention Fund

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Coronavirus: FG Seeks National Assembly’s Approval For N500bn Intervention Fund

The Federal Government is seeking to establish a N500 billion COVID-19 Crisis Intervention Fund to upgrade healthcare facilities and provide intervention to states.

The Minister of Finance, Budget and National Planning Zainab Ahmed disclosed this on Saturday at a meeting with the leadership of the National Assembly. She says the proposed fund to be created will involve mopping up resources from various special accounts from the federation as well as be sourced from grants being expected and loans from multilateral institutions.The Finance Minister is seeking the approval of the National Assembly for the taking of loans from these special accounts and promised to return to parliament with a proposed bill in that regard which will define what the fund will be used for.

Responding, Senate President Ahmed Lawan says the loan request is critical because the country is in an emergency and time is of the essence. He is, however, asking the Federal Government to examine another approach in its implementation of the Social Intervention Programme as he says giving out N20,000 to indigent Nigerians might not be the best way to go.

 

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I weep for Nigeria.

To make someone richer

Nitwit leaders

National Assembly should not approve for any fund ooo

See them. Glorified armed robbers in agbada. Yeye people.

Association of thieves

More loans to be looted.

Weytin dem dey discuss abeg....how to share the 500bn

hmmmm. intervention for ona pockets

Another looting loading...

See them

Buhari is a criminal wallahi he wanted to sale our country like hongkong which kind wahala we vote? I pray may Almighty God quick intervention in our matter before is to let

Where dis ones dey? We never c am Dem wan cash out another billions Choi some people don use coro blow more more o ah Ijoba 🙌 double tuale to this senior thieves 🙌🙌

The way this photo is ,,,its very clear that they want to embezzle😁😁😂😂😂😂

Association of political criminals,a looting aggravated 👎

Please don't give them until they state what they have done with the over N20bn donated by Dangote and others.

The 3 wrong men pix

Anything they are doing without considering the poor masses is fake. Our government have suffered her citizen for too long. American citizens got $1200 each both the have and have not.Why is Nigeria always different. We are only good at copying what will work against the citizens

They are not fucking discussing any bloody thing!!! Mutherfuckers!!!!

Another moneys to embezzle

Looters

How did you spend this one already contributed. Una wan loot another 500bn.

The 1 billion each politician contribution is going back times 10 .It all format .They are all looters.God will judge them.

This picture kill ham 😅 you dey do well Buhari was like 'I don't know what's wrong with them' Man in Blue: Just calm down

These guys just want to cash out asap. Aunty A wants to evacuate nigerians in Diaspora....Aunty humanitarian give 20k to 2.6billion homes in last than 4days.....now this one.. OMASHÈ Ô.

The troublers of Nigeria!!!

2023 is far but it will surely come and these people will still come to us for vote. We are waiting

Helpless buhari and his park of thieves

Joke of a country😂😂😂😂..........utilities the 15b contributed first, before lie Mohammed will come on air that you have shared 250b amongst Nigerians!!!

This government need to take steps back and use biometrics to know the actual number of it's citizenry .assign them a unique ID ,that is the most important thing to do now . Secondly cut waste ! Absolutely nobody has come out to give us how much debt that country owes.

PH3MMIE aLOOTa continua

They Should Never Approve It Until We See What They Did With The Money Donated By People.😠

What’s you people’s job ?

My God these people are just heartless 500b? Ha

Another window for our money to fly.

This money,FG officials and politicians will embezzle it,let's say the truth.We know the truth,there is no truthful person in that cabinet nor in APC or PDP,everybody na thief .kai,I pray today every leader who steals our money shall face chronic diseases MBuhari

Fela Anipulapo Kuti.... suffering and smiling .. may God punish all them

Audio intervention funds

It's well with this country

By the time Buhari finished his tenure, those of you who shouted 'Sai Baba' will know who he truly is

That would be shared amongst themselves...

Spending 😂

Channels abeg stop this bus make I come down. Abeg

Please let the National Assembly approve it, We need it now this trying time,. We don't have to wait for this to get out of control, Let national assembly approve it ,, This pandemic made USA spend trillions of dollars, We need to prepare down for the unknown

If the president is dumb I don't expect those approving it to be dumb but is so unfortunate we allowed dumb people to rig themselves in.. Sorry For Nigeria. When the country is finally finish, it is my earnest prayer that rapture should take place at same time.

Whats the meaning of all this kwanu Nna ehh

This people are thieves.

Food don done

Coming from the same govt that abandoned the IDPs and went for trader money scam The looting strategies continue and at the end most of the funds won't be accounted for They are known for benefiting from humanitarian crisis

Jokers!

Our politicians have ruined us 😂

This current National Assembly is even the worst

For what oooooo!

Hmmmmm Stupid country

I hope naija no go go bankrupt after this Covid-19 issue since we just to approve money and looking for approval for more when our case never reach other countries own

They're gisting themselves Ni 😒😒

Fraudster people

Some country are busy on how to over power the virus 🦠 but my country leaders are busy with tactics of looting money. Ha! Se efe kowo losorun ni?

I think they want to ruin this country take all the money and leave this country for us.

to put us in more debt for money that won't be accounted for

Please👌 highlight your strategies for intervention to Nigerians. We're suffering, Oil value depreciates and don't need accumulation of debt.

This country is a mistake.. this government has just ruined their opportunities

Covid 19 will kill whoever seeks such fund and whoever thinks of approving it. Has your heartlessness gotten to this point that even amidst a pandemic that ought to instill the fear of God and the love for humanity in your hearts, you still think of robbing this country 😢😢

Jacuzzi spending 🤣🤣🤣

These thieves will never quit except they see real reason to.

It is finished 😣

Lolz.. more money to end up in several offshore accounts. How much have they sent to citizens facing the hardship...not one kobo or one drain of rice seen..

The monies donated have it been used already? Anybody using this as an excuse to loot the country’s treasury will suffer the worst bout of Corona Virus. Amen

😁😁😁good news for those who brought this government to power. Enjoy next level of systematic looting

They look serious when it comes to money matters...🙄

Of course they will do that because is pandemic to our elite in the country, how many people been killed by maleria?, We live in a nation were masses is not the central concern of the government

After all the billions of naira that has been spent. There will be no need for any billions of naira intervention again. Gov Yahaya Bello said '90% is political, and 10% is common cold. Nigeria CONVID19'. It's becoming glaring. It's true.

God!

They want to loot funds again 🙆🏽🙆🏽

Its ok, the Money will finish and the hungry Masses will turn on y'all...

This people keep us aside without anything

This type is greed is unbelievable Nigerians are yet to benefit from the numerous donations in the tune of billions......why

I'm not against the approval,but I'm against spending without accountability and transparency and resulted to zero change,we just keep spending without getting result,crying for ventilator and a local producer innosonvehicles said he can produce ventilator but they are deaf to..

K I. Iuii u

N500bn🙄 Me i don't understand ooo! Which one is intervention fund again? So they have exhausted the donations main for the masses already?

Suckers

It’s a new week I don’t want to start my week with Nigeria problems,I don’t want bad news this week

We want to know clearly where the intervention fund is going to make sure it didn't go the way of the other funds.

Is it not better to sell the country since it’s almost finished than to be stealing it in bits🤔

Intervention fund my foot, World leaders are looking out for solution, Nigerian leaders are looking out for possibility to embezzle without accountability, we are done for

Those three in that picture are rubbish

Ozokwa . They have been collecting funds from different org & individuals. And govt brot too. Or is it bcos is not called intervention funds. Always looking for an opportunity to loot mny.

DONJAZZY please don't my enemy die. My inhaler is finished and no money to buy meds UBA *2121640932 I've been up since 12am because I couldn't sleep. Save a brother. No money due to lockdown.😥

Intervention funds for what. Our leaders always looking for an avenue to steal.

Awon olè ajubo olè

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