Fed Govt bars PTF from COVID-19 fund - THE Presidential Task Force (PTF) on COVID-19 Control has no role in the disbursement of the multi-billion funds mobilised for the Federal Government by members of the Organised Private Sector (OPS)...
HE Presidential Task Force on COVID-19 Control has no role in the disbursement of the multi-billion funds mobilised for the Federal Government by members of the Organised Private Sector .
A statement by the CBN on April 17 put donations to the Private Sector Coalition Against COVID-19 Fund domiciled at the apex bank at N25.8 billion. Administrative cost of the PTF, the OAGF noted “shall be appropriated separately to the PTF secretariat.” The Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed has been directed to “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.”
According to the framework, any information regarding the management of the COVID-19 fund should be made available “to any member of the public. All participating MDA are to provide information on all COVID-19 Fund transactions to any member of the public – individual or corporate – under the Freedom of Information Act within seven days of receiving the request.”
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