Category: News

Famfa Oil Update on CACOVID activities

FAMFA Oil is a member of the CACOVID initiative. On the expenditure side, CACOVID has far incurred expenditure, in the sum of N43,272,562,831 on the acquisition of, not only medical equipment and supplies but also Food palliatives for the vulnerable amongst us. The funds raised by CACOVID was used to support 3 key priorities. These priorities include;

  1. Medical Facilities and Equipment – Working with other stakeholders, CACOVID developed 39 fully equipped isolation centers across the 36 States of the Country including the Federal Capital Territory ( FCT). The sum of N4,194,262,899 was spent on Building Isolation Centers. In addition, medical equipment such as PCR test kits for suspected cases of COVID-19 was procured along with other required medical items at a cost of N9,017,561,723. This support by CACOVID enabled many states to deal with an unexpected surge in cases of COVID-19.
  2. Food Relief Programs – As part of our efforts to cushion the effects of the lockdown on vulnerable Nigerians affected by the restrictions in movement, CACOVID provided palliatives in the form of essential food items to 1.7m households, which is equivalent to supporting 8 million Nigerians. A total of N28,767,590,517 was spent procuring these Food supplies. These palliatives were acknowledged and disbursed by various state governments, and a schedule showing the various quantities and dates of delivery will also be posted on our website for public scrutiny. Our intention for distributing these items through the State Government, just like in the case of the isolation centers was based on the thinking that the state governments have the closest contacts with the most vulnerable in our society for whom this support was meant.
  3. Communication Plans – CACOVID also worked to improve awareness in rural communities on the COVID-19 virus, and the measures community health workers and other members of society should take when someone in the community is suspected of having symptoms similar to that of COVID-19. Print, TV, radio, and social media were leveraged as part of CACOVID communication plans.