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Covid-19 vaccination: FG proposes to spend N356bn in 2021 and 2022

Business 360 by Business 360
March 31, 2021
in Health, News
0
Covid-19 vaccination: FG proposes to spend N356bn in 2021 and 2022

A total sum of N396 billion has been proposed by the Federal Government as budget for the COVID-19 vaccination in 2021 and 2022.

FILE PHOTO: Doctors attend to a COVID-19 patient at EHA Clinics in Abuja, Nigeria, January 14, 2021. REUTERS/Afolabi Sotunde

The Minister of Budget and National Planning, Zainab Ahmed disclosed this on Wednesday after the weekly Federal Executive Council meeting, which was presided over by Vice President Yemi Osinbajo.

Ahmed explained that the figure may significantly reduce as the Federal Government receives more donations of the vaccines from the private sector.

She adds that the Ministry of Health is working on details of the gap that the Federal Government will be required to fill in the vaccination exercise.

She also explains that the size of the proposed supplementary budget agreed by the executive and legislative arm is yet to be resolved, because the Ministry of Defence and Health, are yet to provide details of the military hardware requirement.

Ahmed had earlier in February said a supplementary budget will be needed to cover the cost of COVID-19 vaccinations, for which no provision was made in the 2021 finance bill adopted in December.

The Federal Government has said it plans to inoculate 40% of Nigeria’s population this year and another 30% in 2022.

“There will be a supplementary budget, the first one will be in March relating to the Covid-19 pandemic,” Ahmed told reporters.

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