In several quarters, there have been questions and speculations on how the government is spending and channeling these funds, especially after the ministry of finance requested for more ventilation from US billionaire, Elon Musk.
However, at the daily briefing by the Presidential Taskforce on COVID-19 in Abuja, Dr Sani Aliyu, the National Coordinator of the taskforce, explained that the billions donated is not going to the coffers of the government.
According to Dr Sani Aliyu, the money is in a separate account and has nothing to do with the Federal Government.
Dr Sani Aliyu said: ‘The private sector has a separate fund which is run through the Coalition Against Coronavirus Disease.
“That’s where you get most of the announcements that this person has given a billion and this is a separate account. It has nothing to do with the government and the money will not come to the government.
“We appreciate the help of the private sector in helping us and they will be providing us with commodities but the money they are currently collecting will not come to the government.
“It is a separate bank account”