The Federal Government on Monday announced that a total of N1,689,757,489.87 was received as COVID-19 donations from April 1st to May 31st, 2020.

It said the funds were received through designated commercial bank accounts and the Central Bank of Nigeria/Treasury Single Account.

It disclosed this in a public notice on the details of the donations received through Deposit Money Banks and CBN/TSA signed by the Accountant-General of the Federation, Ahmed Idris.

The Federal Government, through the Office of the Accountant General of the Federation, had opened commercial bank accounts, in addition to the CBN/TSA account, through which donations to support the eradication of the COVID-19 in Nigeria could be made.

The government had explained that this move was to ensure effective and efficient coordination and management of the funds.

Providing a breakdown of the N1,689,757,489.87 received from the inception of accounts on April 1, 2020 to May 31, 2020, the government said a total donation of N792,121,613.89 was received from April 1 to May 8, 2020.

It added that N897,635,875.98 was received from May 9, to May 31 2020.

From the N897,635,875.98 received from May 9, to May 31, 2020, the total amount received through commercial banks was N710,076,331.60,

it explained in the notice that was made available in Abuja by the Director, Information and Public Relations, Office of the Accountant-General of the Federation, Henshaw Ogubike.

It further stated that the total received through CBN/TSA was N187,559,544.38.

The Federal Government also noted that from May 9 to May 31, 2020, the sum of N100,005,000 was received through Zenith Bank; N507,753,731.60 was received through First Bank; N2,210,100 was received through Access Bank, and N100,107,500; was received through Guarantee Trust Bank.

It said the details of the N792,121,613.89 received from April 1, to May 8, 2020, had earlier been made public.

Justin Nwosu

Justin Nwosu is the founder and publisher of Flavision. His core interest is in writing unbiased news about Nigeria in particular and Africa in general. He’s a strong adherent of investigative journalism, with a bent on exposing corruption, abuse of power and societal ills.