- According to the Ministry of Finance, each state received N1.9bn from the grant
Imo State and 34 States, were beneficial States, the Federal Government disbursed N66.5 billion on the basis of the ammended Covid 19 responsive 2020 budget results achievement.
Rivers State is the only State excluded from the grant because of its inability to meet the required criteria to publish it’s Covid 19 response amended budget.
Hassan Dodo, Director of Press, Ministry of Finance, Budget and National Planning, Abuja, in a statement, said each State received N1.9 billion naira ($5 million)
According to the statement, the programme is wholly financed with $750 million loan from the International Development Association (IDA).
According to the Ministry, the disbursement is under the performance based grant component of the World Bank assisted fiscal transparency, acountability and sustainability (SFTAS) programme for results
“Rivers State is the only one that missed out on the grant due to its inability to meet the eligibility criteria which requires the states to have passed and published online on a state’s website by July 31, 2020, credible,fiscally responsible Covid 19 responsive amended 2020 budgets duly approved by the State House of Assembly and assented to by the state Governor”