Fed Govt bars PTF from COVID-19 fund
The federal government has barred the the Presidential Task Force on COVID 19 from having access to the donated funds.
Administrative cost of the PTF the government noted “shall be appropriated separately to the PTF Secretariat.” Affected MDAS, the framework noted, “shall present details of their needs together with estimated cost. This will form the basis for allocation of funds and enable post expenditure reporting and audit.”The federal government also ordered all Ministries, Departments and Agencies that will benefit from the COVID-19 contributions to provide information to the public within seven days on how the money is spent.
Going forward, the Office of the Accountant General of the Federation shall publish a Daily Treasury Statement for COVID-19 Fund outlining all the inflows into the Fund and all the outflows.
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