Finance

Fed Govt commits $58m to curb pandemic

Minister of State for Petroleum Resources Chief Timipre Sylva declared at the weekend that the Federal Government has committed $58 million (about N21 billion) as intervention initiative to combat the COVID-19 pandemic.

He said of this amount, 23 per cent was earmarked for the construction of medical infrastructure across the six geo-political zones.

Sylva gave the figures at the groundbreaking ceremony for the construction of a permanent 150 to 200-bed emergency and infectious disease medical centre by the Nigerian National Petroleum Corporation (NNPC) / Seplat joint venture at Imo State University Teaching Hospital, Orlu, Imo State.

The minister said the action was taken to support the national healthcare delivery as well as to strengthen the national resolve to combating the dreadful impact of the pandemic.

“The intervention initiative is in alignment with the ongoing Federal Government’s supportive efforts to curb the coronavirus pandemic through the Presidential Taskforce on Covid-19. We discovered key kinetic areas – provision of medical consumables, employment of logistics and in-patient support system and delivery of medical infrastructure,” Sylva said.

Related posts

COVID-19: CBN to increase interventions by N1.1trn to boost economy

Shile  GIWA 

CBN threatens to go tough on BVN violators

Our Reporter

Unending bank customers’ rip-off over failed transactions

Editor

N9.8b debt: AMCON seizes more properties in Lekki

Our Reporter

U.N. agency calls for $1 trn developing world debt write-off

Meletus EZE 

Nigeria’s financial inclusion rate now 63.2% – CBN report

Shile GIWA