STATES TO GET INTERVENTION FUND

PRESS RELEASE

COVID19: STATES TO GET INTERVENTION FUND

The Federal Government has said the 36 states of the Federation will receive $20million each and FCT $15million from the World Bank COVID19 intervention grant of $750m over a period of two years which is from 2021-2023 this is meant to cushion the effect of the pandemic.

Minister of State, Budget and National Planning, Prince Clem Ikanade Agba, m disclosed this in Abuja while receiving 40 operational vehicles from the Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq , who did the presentation on behalf of President Muhammadu Buhari for onward distribution to coordinators of the state COVID-19 Action Recovery And Economic Stimulus (N-CARES).

According to Agba, the N-Cares program was a “multi-sectoral programme designed to provide immediate emergency relief to the vulnerable and poor Nigerians, smallholder Farmers and Small and Medium Enterprises (SMEs) operators that were adversely affected by the COVID-19 pandemic using a World Bank Seven hundred and fifty million dollar loan, over a period of two years. (2021-2023)”.

He added that the programme was an emergency one to be driven and implemented by the 36 states and the FCT “using the Program for Results (PforR) delivery mechanism, within three results areas that have options of 11 Disbursement Linked Indicators (DLI) at the state level with some technical support, coming through the Federal CARES Support Unit (FCSU) to provide support to the states’’

“Prince Agba commended the Minister of Humanitarian Affairs, Disaster Management and Social Development and line agencies for her special role and untiring efforts in facilitating the preparatory activities of the N-Cares Programme.

He said he was optimistic that the program under the National COVID-19 Action Recovery and Economic Stimulus (NG-CARES) would assist vulnerable Nigerians who were hit by the pandemic.

In his opening remarks, the Chairman Federal CARES Technical Committee, Mr. Aso Vakporaye called on the state coordinators of N-CARES to put in their best to ensure that the COVID19 intervention gets to the grassroots.

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