• Business - Economy
  • Updated: May 04, 2023

COVID-19: Borno Gets N900 Million From FG

The Federal Government has disbursed N900 million in Borno to mitigate COVID-19 impact under the country’s Action Recovery and Economic Stimulus NG-CARES programme.

This was made known by Clem Agba, the Minister of State for Finance, Budget and National Planning, during the Ministerial Town Hall Meeting for stakeholders in Borno and Yobe in Maiduguri.

Abdulkareem Obaji, National Coordinator of NG-CARES who represented Agba said that the Programme is a 750 million dollar World Bank assisted Multi-Sectoral Programme, launched by President Muhammadu Buhari in July 2020.

According to him, it is an initiative of the State Governments with the support of the Federal Government within the framework of the Economic Sustainability Plan (ESP).

According to him, the aim of the initiative is to provide immediate relief to Poor and Vulnerable Individuals and Households, Small-holder Farmers and Micro and Small Enterprises (MSEs) that were adversely affected by the COVID-19 Pandemic.

The NG-CARES is implemented at the States and FCT under the World Bank Programme for Results (PforR) funding instrument, in 11 Disbursement Linked Indicators and three Results Areas as follows which include; Increasing Social Transfers, Basic Services, and Livelihood support to Poor and Vulnerable Households among others.

Others include Increasing Food Security and Safe Functioning of Food Supply chains; Facilitating Recovery and Enhancing Capabilities of MSEs, among others.

“The town hall meeting is initiated by my Ministry to promote open and transparent governance where citizens’ participatory engagement is further strengthened within the framework of President Buhari’s Government of social accountability.

“Distinguished participants, one of President Buhari’s strategies is to intermittently meet with, and engage stakeholders as part of Government’s accountability to the citizens.

“The purpose basically is to hear, first-hand, views of our people on government policies and programmes and to feel the pulse of the nation.

“This interaction is even more imperative given the fact that NG-CARES Programme draws some of its beneficiaries from the National Social Register.

“It is important to enquire from you how effective is this approach as we seek the consolidation of the National Social Register as a major source of credible data for social protection intervention in the country,” he said.

He lauded the visionary leadership of President Buhari for providing the guiding vision and directing the mandate to lift 100 million Nigerians out of poverty within the period of 10 years.

According to him, the programme has so far impacted two million direct beneficiaries in the 36 states including the FCT.

“This is based on the report of the first round of assessment of the Programme implementation conducted by an Independent Verification Agent.

“The federal government once again wishes to restate its commitment to restoring the livelihoods of poor and vulnerable Nigerians, maintain food security and facilitate the recovery of MSEs," he said.

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Felicia Abisola  Olamiji
Felicia Abisola Olamiji

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