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Coronavirus: FG seeks Senate’s approval for N500bn loan

1 Min Read

The federal government has sought Senate’s approval for a N500bn loan to help contain the rising cases of coronavirus in Nigeria.

The minister of finance budget and national planning, Zainab Ahmed, made this known on Saturday, April 4, during a meeting with the leadership of the National Assembly.

The minister explained that the loan would be used as COVID-19 crisis Intervention Fund to upgrade Nigerian healthcare facilities.

READ ALSO: Coronavirus: Npower Volunteers Protest Non-payment of March Stipend

According to her, “The Federal Government also needs to be in a position to improve health care facilities not only in the states but to provide intervention to the states.”

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