government assistance
FCTA spent N29 billion on coronavirus during lockdown – minister
The Senate has been told that the Federal Capital Territory Administration, FCTA spent a total sum of N28.5billion on some activities within the Federal Capital Territory, FCT during the outbreak of the Coronavirus COVID-19 pandemic, especially during the lockdown. Speaking yesterday in Abuja when he presented the revised 2020 budget before the Senator Abubakar Kyari, All Progressives Congress, APC, Borno North led Senate Committee on FCT, Minister of the FCT, Mallam Mohammed Musa Bello explained to the Committee that the fund was spent on provision of security services, provision of palliatives for indigent residents, as well as assisting neighbouring States who were distressed. According to him, the FCT health facility supported residents from States where the level of government assista...
#LHHATL’s Arkansas Mo Charged With Fraud After Spending PPP Loan On Jewelry, Rolex
Source: Paras Griffin / Getty Love & Hip-Hop: Atlanta star Arkansas Mo has been arrested after the feds accuse him of using the government business loan to pay employees, on himself. According to the press release sent out by the Department of Justice, Arkansas Mo, whose real name is Maurice Fayne, was approved for the federal Payment Protection Program (PPP) for his trucking company, Flame Trucking on April 15, after stating that the business had 107 employees and an average monthly payroll of $1,490,200, according to an affidavit for the criminal complaint. The PPP loan program from the federal government aims to help small businesses and their workers survive during the Covid-19 pandemic. The loans are for businesses with 500 or fewer employees to pay workers’ salaries, rent, and ut...
