FG Proposes To Spend N396bn On COVID-19 Vaccination – Finance Minister, Zainab Ahmed

Posted by Amarachi on Thu 01st Apr, 2021 - tori.ng

Ahmed explained that the figure may significantly reduce as the Federal Government receives more donations of the vaccines from the private sector.

Finance Minister, Zainab Ahmed

The Federal Government has disclosed plans to spend N396 billion for the COVID-19 vaccination exercise across the country between the years of 2021 and 2022.

The Minister of Budget and National Planning, Zainab Ahmed disclosed this after the weekly Federal Executive Council meeting, which was presided over by Vice President Yemi Osinbajo on Wednesday, March 31.

Ahmed explained that the figure may significantly reduce as the Federal Government receives more donations of the vaccines from the private sector.

She added that the Ministry of Health is working on details of the gap that the Federal Government will be required to fill in the vaccination exercise.

She also explains that the size of the proposed supplementary budget agreed by the executive and legislative arm is yet to be resolved, because the Ministry of Defence is yet to provide details of the military hardware requirement

Ahmed had earlier in February said a supplementary budget will be needed to cover the cost of COVID-19 vaccinations, for which no provision was made in the 2021 finance bill adopted in December.

The Federal Government has said it plans to inoculate 40% of Nigeria’s population this year and another 30% in 2022.
 

Popular Stories
Cheating Husband Begs Instagram to Delete Angry Girlfriend's Shocking Confession
See How Retired Naval Officer was Buried in a Ship-like Casket in Cross River State (Photos)
Impossible! This Shocking Transformation of a Woman's Face Using Makeup Has Got People Talking (Photo)
No More Condoms? Scientists Finally Find a Cure for HIV!
Meet the Top 3 Youngest Billionaires in Nigeria (Photos)


Copyright © 2022 Tori.ng - All rights reserved
Tori.ng is owned and managed by Cyclofoss Technologies Ltd.