COVID-19: FG distributes N43.416bn to 24 states
The Federal Government has disbursed N43.416 billion as performance-based grants to 24 eligible states on the basis of the results achieved in 2018.
Dodo said the Minister of Finance, Mrs Zainab Ahmed said the fund was under the performance-based grant component of the World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability Programme-for-Results. The minister explained that the SFTAS Programme was established by Federal Government with the concessional loan of 750 million dollars to support States through the provision of performance-based grants to States to the tune of 700 million dollars.
“The Eligibility Criteria that States have to meet in order to qualify to receive any grants include the online publication of the approved annual budget and audited financial statement for the previous year.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19: Nigeria records no recovery in 24 hours
Read more »
COVID-19: FG says rice distributed to states fit for consumptionThe Federal Government on Monday assured that all the rice distributed to states were certified fit for human consumption.The Minister of Humanitarian..
Read more »
COVID-19 lockdown: Ondo govt clears air on rejecting FG’s rice palliative - Daily Post NigeriaThe Ondo State Food Palliative Committee has denied rejecting the 1,800 bags of rice donated to the state by the Federal Government aimed at cushioning
Read more »
COVID-19: Buhari bans inter-state travels - Daily Post NigeriaAs part of new measures to curtail the spread of COVID19, President Muhammadu Buhari, on Monday, announced restriction of inter-state pasanger travels.
Read more »
COVID-19: Buhari govt has abandoned Kano State - Gov Ganduje - Daily Post NigeriaThe Governor of Kano State, Abdullahi Ganduje, has accused the Federal Government of not helping the state in its current situation. Ganduje said that the
Read more »
Female doctors request lockdown of Zamfara State over COVID-19 - Daily Post NigeriaZamfara State chapter of the Medical Women Association of Nigeria (MWAN) has urged Governor Bello Mohammed Matawalle to lock down the state for two weeks
Read more »