According to the Special Adviser to the Senate President on Media, Ola Awoniyi who spoke with newsmen after a meeting between the federal government team and the national assembly team on Saturday, he said the fund would be needed for some important items in the fight against the novel disease.
The minister for finance, Zainab Ahmed stated that the fund would be gotten by mopping up resources from various special accounts that the government, as well as the Federation.
“What we are proposing is an establishment of a N500 billion COVID-19 Crisis Intervention Fund.
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“This Fund that we are proposing, that should be created, will involve mopping up resources from various special accounts that the government, as well as the Federation, have, to be able to pull this N500 billion.”