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Nigeria To Spend ₦396bn On COVID-19 Vaccination – Finance Minister
- Ahmed had, in February, said a supplementary budget will be needed to cover the cost of COVID-19 vaccinations, for which there was no provision in the 2021 finance bill adopted in December
The Minister of Budget and National Planning, Zainab Ahmed, on Wednesday, disclosed that the federal government is proposing to spend the sum of ₦396 billion for the COVID-19 vaccination in 2021 and 2022.
Ms. Ahmed made the disclosure after the weekly Federal Executive Council meeting, which was presided over by Vice President Yemi Osinbajo.
She explained that the figure may significantly reduce as the Federal Government receives more donations of the vaccines from the private sector.
The Minister further said that the Health Ministry is working on details of the gap that the Federal Government will be required to fill in the vaccination exercise.
Minister of Finance, Budget and National Planning, Zainab Ahmed
Read also: Over 600,000 COVID-19 Vaccine Jabs Administered – NPHCDA
According to her, 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.
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,” she told reporters.
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