Nigerian Government Releases Over N438 Billion to 34 States and FCT Under NG-CARES Programme
The Nigerian government has made a significant move to stimulate economic growth and resilience in the country by releasing over N438 billion to 34 states and the Federal Capital Territory (FCT) under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Programme.
According to Suleiman Odapu, Information and Communication Officer, Federal CARES Support Unit (FCSU), the reimbursement was announced in a statement on Tuesday in Abuja. Odapu quoted the National Coordinator of the NG-CARES Programme, stating that the funds will be used to support various development projects in the states and FCT.
The NG-CARES Programme is a key initiative aimed at promoting economic recovery and resilience in Nigeria. The programme focuses on providing financial support to states and local governments to implement projects that will have a positive impact on the lives of citizens.
The release of these funds is a significant step towards achieving the programme’s objectives and demonstrates the government’s commitment to supporting the states and FCT in their development efforts.
The Daily Nigerian reported on the development, highlighting the importance of the NG-CARES Programme in promoting economic growth and resilience in Nigeria.
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