Covid-19: FG set to use N500 billion intervention fund to upgrade healthcare sector in Nigeria

The Federal Government (FG) has concluded plans to establish a N500 billion COVID-19 crisis intervention fund.

 The fund was introduced to upgrade healthcare facilities and administration in the country.

The decision was taken after the Minister for Finance, Budget and National Planning, Zainab Ahmed met with the leadership of the National  Assembly, led by the Senate President, Ahmed Lawan and the Speaker of the House of Representatives, Femi Gbajabiamila, at the National Assembly complex.

It was agreed that the intervention fund will include mopped up resources from various government accounts as well as loans and advances from multilateral organizations.