FG disburses NOK 135 billion to states and FCT under NG-CARES program
The Federal Government has announced reimbursement to states and the Federal Capital Territory (FCT) following a second independent evaluation of achievements made under the World Bank Nigeria COVID-19 Recovery and Economic Stimulus (NG CARES). A total of N135,479,884,677.02 was announced as gold. Assist Performance for Results Program.
Announcing the disbursement in Abuja on Friday, the National Coordinator of the NG-CARES Program, Dr. Abdulkarim Obaje, said the funding was achieved in the efforts of the State and the FCT to support poor and vulnerable Nigerians under NG Care. He said the spending was based on results. CARES program.
“The top three best performing states in this second round of evaluation are Nasarawa State with N13,697,828,496.96, Cross River State with N10,944,747,818.84 and Zamfara State with N10,231,055,267.82.
He said this was a milestone in the efforts of the President Bola Ahmed Tinubu administration in providing financing to address multidimensional poverty in the country.
According to a statement by the National Coordinator, Suleiman Odap, Information and Communication Officer for NG-CARES, the National Coordinator is Senator Abubakar Atiku Bagudu, who provided the necessary leadership at the federal level to coordinate the implementation of the NG. He praised the Minister of Budget and Economic Planning. -CARES program in the US and FCT. He also commended the support of the state governor, the FCT Minister and the World Bank.
The NG-CARES program is a federal government initiative strategically designed to serve as a shock response mechanism and distribution channel to reach the nation's poor and vulnerable populations.
This is being implemented through 158 integrated ministries and agencies (MDAs) in all 36 state governments and the FCT administration, which have a proven track record of past donor-supported support.
The program aims to “expand access to livelihood support, food security services, and subsidies for poor and vulnerable households and businesses.”
Source: guardian.ng