Home NEWS COVID-19: FG received over N1bn in donations – OAGF

COVID-19: FG received over N1bn in donations – OAGF

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The Federal Government received over 1N billion naira in donations to fight the novel Coronavirus between April 1, 2020 and May 31, 2020, the Office of the Accountant General of the Federation (OAGF).

The detail, contained in a public notice of the donations received through DMBs and CBN/TSA signed by the Accountant General of the Federation Ahmed Idris, FCNA, on Monday, said the donation, amounting to N1,689,757,489.87 for the COVID-19 eradication support came in through designated commercial banks’ accounts and the CBN/TSA.

Recently, the Federal Government, through the Office of the Accountant General of the Federation, opened commercial banks accounts, in addition to the CBN/TSA account, through which donations to support the eradication of the COVID-19 in Nigeria could be made to ensure effective and efficient coordination and management of the funds.

A breakdown of the N1,689,757,489.87  received from the inception of accounts on April 1, 2020  to May 31, 2020, indicated that a total donation of N792,121,613.89 was received from 1st April to 8th May, 2020, while N 897,635,875.98 was received from May 9, to May 31, 2020.

From the N 897,635,875.98 received from May 9 to May 31, 2020, the total amount received through Commercial Banks was N710,076,331.60, while the total received through CBN/TSA was   N187,559,544.38.

From 9th May to May 31, 2020, the sum of N100,005,000.00 was received through Zenith Bank, N507,753,731.60 was received through First Bank, N2,210,100.00 was received through Access Bank and  N100,107,500.00 was received through GT Bank.

The details of the N792,121,613.89 received from April 1 to May 8, 2020 had earlier been made public.