President Muhammadu Buhari has approved the withdrawal of $150m from the Sovereign Wealth Fund for distribution to the three tiers of government.
This was disclosed by the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, during a media briefing on the fiscal policy measures to tackle the impact of the Coronavirus pandemic on the economy PUNCH reported.
Minister Ahmed said that the $150m will be withdrawn from the stabilisation fund component of the Sovereign Wealth Fund.
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