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NG-CARES: FG Distributes N135.4 Billion To States, FCT
The Federal Government has distributed N135.4 billion to states and the FCT following the second Independent Assessment of Results obtained under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES).
According to the News Agency of Nigeria (NAN), NG-CARES is a $750 million Performance For Results Programme supported by the World Bank.
The National Coordinator of the NG-CARES Programme, Dr Abdulkarim Obaje, made this known in a statement issued on Sunday.
Obaje said the money was distributed based on the outcomes achieved by the states and the FCT in their efforts to assist poor and vulnerable Nigerians through the NG-CARES initiative.
“The top three best-performing states in this Second Round of Assessment are Nasarawa which earned N13,697,828,496.96, Cross River N10,944,747,818.84, and Zamfara N10,231,055,267.82.
“This is a milestone achievement in the efforts of President Bola Tinubu’s administration at providing funds towards addressing multi-dimensional poverty in the country,” Obaje noted.
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