The Minister of State, Budget and National Planning, Prince Clem Agba has hinted that the federal government will soon begin the process of verifying money spent by states to tackle the COVID-19 virus.
The minister said an Independent Verification Agent (IVA) had been engaged for the implementation of the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) Programme.
Speaking at the signing of a contract between the federal government and Steigler Services Ltd to serve as the IVA of the NG-CARES Programme, Agba stated that the reimbursed funds would assist in reducing poverty in the country and boost the quest by President Muhammadu Buhari to lift 100 million people out of poverty.
On his part, the National Coordinator of NG-CARES, Dr Abdulkarim Obaje, said Steigler Services Ltd emerged as the most responsive and competitive bidder for the IVA as both local and international firms engaged in bidding process was very competitive and included both local and international firms.
Obaje stated that the Federal CARES Support Unit (FCSU) of the NG-CARES Programme had fixed tomorrow Wednesday, December 28 for the commencement of the first verification exercise that would run concurrently in all the states and FCT.
NG-CARES is a $750m support operations from the World Bank with the objective to expand access to livelihood support and food security services and grants for poor and vulnerable households and firms.
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