Nigeria got $5.6bn from foreign/domestic donors to combat the #COVID19 crisis. Pres @Mbuhari also released N2.3trn stimulus package to cushion the economic effects of the pandemic on small businesses and vulnerable groups.
Findings have shown that only less than 10% of the funds have been accounted for. Fact? The flow of funds makes corruption and emergencies feed off each other, as the need for urgency in disbursing aid or stimulus packages form a perfect avenue for massive corruption.
Unfortunately, corruption and the lack of transparency in the allocation of resources weakens the efficiency of #COVID191 crisis responses & the overall management of the pandemic. To help the situation, we've been tracking funds disbursement & utilization in 7 African countries.
Following the discovery of Govt storehouses for #COVID19 palliatives and the looting spree across the country, leading social accountability initiative, #FTM, has called for the @officialEFCC@ICPC_PE to investigate MDAs responsible for the acquisition/distribution of the items.
It should be recalled that in the wake of the #COVID19 pandemic early this year, #FollowTheMoney team across the 36 States & 7 African nations, have been tracking intervention funds/materials disbursed to State Govts to cushion the impact of the pandemic.
On Tuesday, November 26, 2014, the Nigerian government approved NGN9, 287,250,000.00 for the distribution of 750, 000 Clean Cook Stoves and 18,000 Wonder bags to rural women, in a bid to stop the depletion of forest resources caused by indiscriminate felling of trees.
The approval followed a memo presented by the Minister of Environment at the weekly Federal Executive Council meeting with the Federal Government. The council ratified the President’s anticipatory approval for the contract in favors of Messrs Integra Renewable Energy Services Ltd
The sum of nine billion, eighty seven million, two hundred & fifty thousand naira only (NGN9, 287,250,000.00) inclusive of VAT, with a delivery period of 12 weeks. The database of women registered to buy fertilizers through the e-wallet system was considered for the distribution.