Written by Obinna Akukwe
The Covid-19 pandemic in Nigeria have been turned to
Covid-19 Scandemics, anyone in doubt should ask Dr Raymond Dokpesi of African
Independence Television and Governor Yahaya Bello of Kogi State and Udom
Emmanuel of Akwa Ibom State.
The scamdemics has become opportunity to siphon public
funds.
1. The Central Bank said that it has set aside one trillion
naira facility to assist firms operating in the agriculture and manufacturing
sectors. How many firms in these sectors have benefitted from the N1 trillion naira
since it was declared?
2. The Nigeria Incentive-based Risk Sharing System for
Agricultural Lending (NIRSAL) Microfinance bank, on behalf of the Central Bank
of Nigeria (CBN), said it has started the disbursement of the N50 billion
Targeted Credit Facility (TCF) to beneficiaries affected by Covid-19. Where are
the beneficiaries of the audio loan?
3. The CBN said that it is ready to assist local
pharmaceutical with N100 billion to fight Covid-19. The local pharmacists are
not seeking for support, they are seeking for validation for their drug remedy,
and the populace will buy up the products, the manner they bought sanitizers
for over N5, 000-N15, 000 naira
4. The Ministry of
Finance said that the funding for the ongoing Cash Transfer will come from the $322.5 million recovered Abacha
stolen public fund from Switzerland.
5. President Buhari
also approved withdrawal of $150 million from its sovereign wealth fund as part
of its fiscal stimulus measures in response to the COVID-19 outbreak