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President Muhammadu Buhari has issued new directives on COVID-19 donations to Nigeria by philanthropists, companies and international organisations.
He explained that the framework covered all public funds allocated and dedicated to the fight against COVID-19 including the Fiscal Stimulus Package as well as all donations by corporate bodies and individuals to the Federal Government towards the fight against COVID-19 and the mitigation of its social and economic effects on citizens.
“In accordance with citizens expectations, the government is committed to managing these funds with the highest sense of transparency and integrity. “And all accounts with commercial banks are to be linked with the TSA at CBN to provide a single consolidated view of aggregate government cash balances.
According to him, the Minister of Finance, Budget and National Planning may liaise with the National Assembly for emergency passage of a supplementary budget for the utilisation of COVID-19 donation based on estimated total collection for the year.
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