President Muhammadu Buhari has approved the opening of five COVID-19 Donor Accounts in five commercial banks.
Mr Henshaw Ogubike, Director Information and Press, Office of the Accountant General of the Federation, made this known in a statement in Abuja on Tuesday.
Ogubike disclosed that the approved banks were Zenith Bank, Access Bank, Guarantee Trust Bank, UBA and First Bank.
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.
He said this directive also included donations under the Private Sector Coalition Against COVID-19 (CACOVID) Fund domiciled at the Central Bank of Nigeria (CBN).
The News Agency of Nigeria (NAN) reports that the Nigeria Private Sector Coalition Against COVID-19 (CACOVID), as of April 23, realised about N27,160 billion.
Source: News update