The governments of Delta, Ebonyi and Ondo states have partnered with the Bank of Industry to deliver COVID-19 stimulus packages to affected persons in their states. This stimulus is part of the $750 million Nigeria COVID-19 Action Recovery and Economic Stimulus also called NG-CARES. It is a tripartite programme of the World Bank, Federal Government and state governments that is targeted at supporting vulnerable persons and providing food security, amongst other things, post-COVID-19 pandemic.
Governor Ifeanyi Okowa of Delta State announced that the State had already commenced disbursement to more than 1,800 beneficiaries of the funds, and added that the programme was conceived to cushion the socio-economic effects of COVID-19 pandemic on the people, particularly the poor and vulnerable, adding that about 2,529 MSMEs in the state would receive grants to support post-COVID-19 loans, operational costs and enhance their IT capacity.