COVID-19 Action Recovery and Economic Stimulus Programme

Edo state government will spend over N3 billion to implement the Covid-19 Action Recovery and Economic Stimulus Programme. The programme is a component of the Nigeria Cares World Bank Support Programme. The Permanent Secretary in the state Ministry of Wealth Creation, Cooperatives and Employment, Joel Edionwe, disclosed this while briefing journalists on Wednesday. He explained that the state government‎ is to provide grants to support businesses affected during the Covid-19 lock-down. According to him, the total package the World Bank support programme for Nigeria is $750 million, adding that its implementation would run from 2021 to 2022. “What they will get from Edo state government is a grant to repay the loans they took for their businesses affected by the pandemic. We do not need to ...