Reps to probe utilization of N83.9bn funds

The financial records were sent to the Senate and House of Representatives’ Committees on Public Accounts.
The report showed that N16.9bn was approved in the 2020 budget, N32.5bn from the COVID-19 Special Account/Levy; while N34.5bn was to be funded through donations from public and private sectors.
The audit report on the emergency response programme revealed that out of the N83.9bn appropriated, N63.797bn had been disbursed to implementing agencies and other entities as well as states at the time the audit was conducted.
“In the course of implementing the COVID-19 intervention activities, funds mobilised from various sources as at 30th June 2020 include: N22.2bn was disbursed by the Federal Government to the PTF; N24.6bn was disbursed by the Federal Government to the participating agencies.

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