Vice-President Yemi Osinbajo has revealed that the health sector will benefit N126bn out of the N500bn initiative stimulus fund included in the 2020 Budget.
He said the government was hopeful that the response to the COVID-19 pandemic to revamp healthcare facilities would be sustained.
According to a statement on Saturday by his Senior Special Assistant on Media and Publicity, Laolu Akande; the Vice-President spoke on Friday during a webinar tagged “Economic Sustainability Beyond COVID-19” and organised by Emmanuel Chapel.
He said despite the challenges posed by the COVID-19 pandemic globally, the present regime would not relent in its efforts towards improving the country’s healthcare infrastructure and economy.
These, he said, would be achieved by creating more jobs for millions of Nigerians in different sectors, supporting small businesses, local production, and manufacturing, as well as extending the social safety net for the most vulnerable in society.
He said, “Out of the N500bn initial stimulus fund that is factored into the current budget, N126bn of it is going into healthcare.
“We have all noted how states have risen up to the challenge of the COVID-19 pandemic and how resuscitated healthcare facilities, new isolation centres, new ICUs are coming up.
“The number of testing centres has also increased. We are hopeful that we will be able to sustain that momentum.”