Economic Stimulus Programme: ‘Over N438bn allocated to 34 States, FCT’ – FG

36 States on stimulus

The Federal Government has disbursed 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 the Information and Communication Officer of the Federal CARES Support Unit (FCSU), Suleiman Odapu in a press statement, the disbursements were determined by the results achieved by the states and FCT during the third Independent Verification Agency (IVA) assessment conducted in January 2024. This substantial reimbursement aims to bolster State governments and the FCT in mitigating the multi-faceted challenges…

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