Home NEWS FG spent N118.37billion on COVID-19 in 2020 — Minister

FG spent N118.37billion on COVID-19 in 2020 — Minister

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FG to sell government-owned properties to fund 2021 budget
FG to sell government-owned properties to fund 2021 budget

The Federal Government spent a whopping N118.37 billion on COVID-19-related expenses in 2020, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said.

The minister said this while speaking at a virtual public presentation of the approved 2021 budget, on Tuesday, January 12.

According to her, a total of N10.08 trillion was spent on capital projects, debt servicing, payment of salaries and pensions, and other expenditures in 2020.