President Muhammadu Buhari has put in place new directives on COVID-19 donations to Nigeria by philanthropists, companies and international organisations.
Director Information and Press, Office of the Accountant General of the Federation, Mr Henshaw Ogubike, made this known in a statement in Abuja.
In the statement, the president was said to have approved the opening of five COVID-19 Donor Accounts which form part of the existing Treasury Single Account arrangement in five commercial banks.
The approved banks as stated by Ogubike are; Zenith Bank, Access Bank, Guarantee Trust Bank, UBA, and First Bank.
He explained that the framework covered all public funds allocated and dedicated to the fight against COVID-19 including the Fiscal Stimulus Package as well as all donations by corporate bodies and individuals to the Federal Government towards the fight against COVID-19 and the mitigation of its social and economic effects on citizens.
He said the directive also included donations under the Private Sector Coalition Against COVID-19 (CACOVID) Fund domiciled at the Central Bank of Nigeria.
It has been reported that the Nigeria Private Sector Coalition Against COVID-19 (CACOVID), as of April 23, realised about N27,160 billion.
According to him, Federal Government recognises citizens expectation that these resources be prudently applied towards the fight against COVID-19.