FG proposes to spend N396bn on COVID-19 vaccination – Finance Minister

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The Federal Government is proposing to spend the sum of N396 billion for the COVID-19 vaccination in 2021 and 2022.

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.

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