Home COVID-19: CBN Disbursed N25bn To Households — Emefiele

COVID-19: CBN Disbursed N25bn To Households — Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said over N25 billion was disbursed to households across Nigeria to cushion the effects of the COVID-19 pandemic from last year.

He stated this at the premiere of the movie: “Unmasked”, at the International Institute of Tropical Agriculture (IITA), Ibadan, Oyo State.

It’s a painful loss – Jonathan
Sit-at-home order: Fear, anxiety in southeast
The apex bank boss who was represented by the Ibadan Branch Controller of CBN, Mrs. Olufolake Ogundero, further said loans valued at N83.9bn were disbursed to pharmaceutical companies and healthcare practitioners to support them during the period.

He said, “We disbursed over N83.9bn in loans to pharmaceutical companies and healthcare practitioners, which is supporting 26 pharmaceutical and 56 medical projects across the country.

“We were also able to mobilize key stakeholders in the Nigerian economy through the CACOVID alliance, which led to the provision of over N25bn in relief materials to affected households, and the set-up of 39 isolation centers across the country.

“These measures helped to expand and strengthen the existing capacity of our healthcare institutions to respond to the COVID-19 pandemic.”

Emefiele also said CBN is working with the Bankers Committee put in place to support the growth of the creative industry in Nigeria.

Get more stories like on Facebook, Twitter.

You can share and comment on the post.

For more inquiry, You can visit our website at www.cdanewsonline.com

We promote business also space for advertisement.

We provide the best medium to reach out to the world.

News Or Advert Contact Us by Email cdanews9@gnail.com., WhatsApp 234805410984 Facebook page CDA news.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Strike can be resolved in two days – ASUU

The Academic Staff Union of Universities, ASUU, says the Federal Government can resolve the lingering issues within just two days. ASUU President, Professor Emmanuel Osodeke,...

Major 10 News Update you need to know this Thursday Morning

Good morning readers Here is today’s summary from Nigerian Newspapers: 1. A former Governor of Edo State, Adams Oshiomhole, has admitted he does not know...

Why we adopted Peter Obi as our candidate – MiddleBelt Forum

Ahead of the 2023 elections, the Middle Belt Forum on Wednesday, adopted the presidential candidate of the Labour Party (LP), Peter Obi as their...

FG begs ex-military officers protesting unpaid Allowance

The federal government has appealed to military veterans protesting unpaid Security Debarment Allowance for more time. The Permanent Secretary, Ministry of Defence, Ibrahim Abubakar Kana...

Recent Comments