The Federal Government has distributed N135.4 billion to the 36 states and the Federal Capital Territory (FCT) based on the second Independent Assessment of their performance under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Programme.
The NG-CARES Programme is a World Bank-supported initiative that aims to mitigate the impact of the COVID-19 pandemic on the poor and vulnerable segments of the society. The programme has a total budget of $750 million.
This was disclosed by Dr. Abdulkarim Obaje, the National Coordinator of the NG-CARES Programme, in a statement issued by Suleiman Odapu, the Information and Communication Officer at NG-CARES, on Sunday in Abuja.
Dr. Obaje explained that the allocation of funds was linked to the achievements of the states and the FCT in providing assistance to the needy as part of the NG-CARES intervention.
He stated that the top three performers were Nasarawa, Cross Rivers, and Zamfara, which received N13.6 billion, N10.9 billion, and N10.2 billion respectively after the second round of evaluation of the programme.
He also praised Senator Atiku Bagudu, the Minister for Budget and Economic Planning, for his effective leadership in coordinating the NG-CARES programme across the states and the FCT at the federal level.
He commended the state Governors, the FCT Minister, and the World Bank for their support.
The NG-CARES Programme, established by the Federal Government, serves as a strategic initiative designed to act as a shock response mechanism and a distribution channel, effectively reaching out to impoverished and vulnerable populations.
The programme aims to expand access to livelihood support and food security services and grants for poor and vulnerable households and firms.