Investogist
No Result
View All Result
Saturday, July 11, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    FG Orders Marketers to Cut Petrol Prices as Global Crude Crashes 40%

    FG Scraps Military Leadership of NYSC, Redesigns Uniform

    FG Scraps Military Leadership of NYSC, Redesigns Uniform

    FRSC to Begin Nationwide Recruitment July 3, 2026

    FRSC to Begin Nationwide Recruitment July 3, 2026

    Court Reverses its Ruling, Strips NDC of Registration Status

    Court Reverses its Ruling, Strips NDC of Registration Status

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    46 Microfinance Banks Shut Down by CBN: See Full List

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Regency Alliance Insurance Launches ₦3.04bn Rights Issue to Fund Growth, Digital Push — Opens June 22

    Regency Insurance: Delay in 2025 Accounts Due to Pending Auditor Attestation, NAICOM Approval

    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

    Tony Elumelu Steps Down as UBA Chairman, Hands Reins to Emmanuel Nnorom

    Tony Elumelu Steps Down as UBA Chairman, Hands Reins to Emmanuel Nnorom

    Caverton Offshore Extends Close period Due Audits Delay

    Caverton Offshore Extends Close period Due Audits Delay

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

    Union Dicon Salt Plc Announces Urgent Public Notice Seeking Immediate Contact from Majority Shareholder Aims Limited

    Land Dispute: Ellah Lakes Issues Public Notice on Iguelaba Property

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    FG Orders Marketers to Cut Petrol Prices as Global Crude Crashes 40%

    FG Scraps Military Leadership of NYSC, Redesigns Uniform

    FG Scraps Military Leadership of NYSC, Redesigns Uniform

    FRSC to Begin Nationwide Recruitment July 3, 2026

    FRSC to Begin Nationwide Recruitment July 3, 2026

    Court Reverses its Ruling, Strips NDC of Registration Status

    Court Reverses its Ruling, Strips NDC of Registration Status

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Oil prices surge as US-Iran tensions reignite

    Oil prices surge as US-Iran tensions reignite

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    46 Microfinance Banks Shut Down by CBN: See Full List

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Dangote Slashes Petrol Price to ₦1,125/Litre

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Trump Launches New Strikes on Iran After Declaring Ceasefire Over

    Regency Alliance Insurance Launches ₦3.04bn Rights Issue to Fund Growth, Digital Push — Opens June 22

    Regency Insurance: Delay in 2025 Accounts Due to Pending Auditor Attestation, NAICOM Approval

    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

    UBA Board Names Emmanuel Nnorom as Elumelu’s Successor

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote, Marketers Cut Petrol Depot Prices as FG Pushes for Lower Pump Prices

    Tony Elumelu Steps Down as UBA Chairman, Hands Reins to Emmanuel Nnorom

    Tony Elumelu Steps Down as UBA Chairman, Hands Reins to Emmanuel Nnorom

    Caverton Offshore Extends Close period Due Audits Delay

    Caverton Offshore Extends Close period Due Audits Delay

    Airtel Africa Announces Total Voting Rights and Share Capital

    Airtel Africa CEO, CFO Receive 794,344 Long Term Incentives Shares Award

    Union Dicon Salt Plc Announces Urgent Public Notice Seeking Immediate Contact from Majority Shareholder Aims Limited

    Land Dispute: Ellah Lakes Issues Public Notice on Iguelaba Property

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

    MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Economy

Details of FG N500 bn Covid-19 Intervention Fund

Sunday, 11 October 2020, 9:05 am
in Economy, Policies
0
Amended Companies and Allied Matters Act Bill 2020 assented by President Buhari
Share Share Share Share Send as Email

TrackaNG, an independent project monitoring, and tracking organization, has released some documents which the organization said is updates on the N500 billion FG COVID-19 intervention fund programmes across the 36 states in Nigeria.

TrackaNG is a project by BudgIT Nigeria, – a civic tech organization with focus on raising the standards of transparency, citizen engagement and accountability most especially in public finance.

The Federal Government (FG) had in 2020 revised budget allocated N500 billion for Covid-19 intervention fund.

Details according to the documents released by TrackaNg

Maintenance of roads through contract and direct labour in the 6 Geo-Political Zones in Nigeria – N60 bn

MSMEs survival fund – N75 bn ( registration for this fund is ongoing and will end on Thursday 15 October 2020). Here is the step by step registration process.

Special works programme – N52 bn

Jobs and food for all: Agriculture and food security – N56.463 bn

Energy for all: Mass rural electrification/solar power strategy – N12.425 bn

Federal Ministry of Water Resources received N9.890 bn for wash programmme out of which N4.644 bn was for the engagement of youth volunteers for handwashing and ODF campaign and other hand washing activities at the rate of one hundred per L.G.A for 3 months.

Support to Nigerian Police – N10.bn

Support to Airforce operation N2.7 bn

Health infrastructure across Federal Medical Centres (FMC), Teaching Hospitals, and others – N86 bn. Some details of how the N86 bn was  spent include:

Local manufacture of vaccine (biovaccine) – N10 bn

NAFDAC: Upgrade of laboratiries for testing of vaccines – N2 bn

Cost of equipping 10 bedded intensive care units (ICU) in 36 states and FCT – N 18.389 bn.

Cost of securing PPE for all federal tertiary health institutions across the nation – N7.778 bn.

Cost of equipping isolation centres in 36 states and FCT – N5.2 bn.

Procurement of molecular laboratory equipment for the University Teaching Hospitals and Federal Medical Centres in Nigeria – N17.9844 billion at the rate of N345.849 million per hospital.

NCDC: Reagents and equipment for Covid-19 related laboratory services – N2 bn

The National Center for Disease Control (NCDC) also received an additional N6.5 bn. The purpose of this amount was not specified in the document.

By; Ifunanya Ikueze

Related Posts:

  • Sagbama - Ekeremor road
    Details of unimplemented FG 2020 Zonal Intervention…
  • Gas plant
    CBN sets up N250 billion Intervention fund to ensure…
  • Buhari,,
    All you need to know about "Coronavirus disease…
  • Public Service innovation 1
    Nigerian Youth Investment Fund: Details and how to apply
Previous Post

Blood pressure: Hypertension, causes and control

Next Post

Precious Metals & Energy – Weekly Review and Calendar Ahead

Next Post
Ghana plans $500 million London IPO of Agyapa Royalties (Gold royalty fund)

Precious Metals & Energy - Weekly Review and Calendar Ahead

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

List of Active Stockbrokers on NSE: Is Your Stockbroker Active?

MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

MTN Nigeria’s Long-Term Rating Upgraded to Aaa by Agusto & Co., Highest on National Scale

Trump Launches New Strikes on Iran After Declaring Ceasefire Over

Trump Launches New Strikes on Iran After Declaring Ceasefire Over

Trump Launches New Strikes on Iran After Declaring Ceasefire Over

Trump Launches New Strikes on Iran After Declaring Ceasefire Over

Oil prices surge as US-Iran tensions reignite

Oil prices surge as US-Iran tensions reignite

Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

Xenergi Plc Extends ₦38/Share Tender Offer to Premier Paints Minority Shareholders Following 49.6% Stake Acquisition

Regency Alliance Insurance Launches ₦3.04bn Rights Issue to Fund Growth, Digital Push — Opens June 22

Regency Insurance: Delay in 2025 Accounts Due to Pending Auditor Attestation, NAICOM Approval

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved