It was earlier disclosed that the Board of Directors of The World Bank has confirmed a $400 million credit for Nigeria as additional financing from the International Development Association (IDA) to provide financing for safe and effective COVID-19 vaccine acquisition and deployment in the country.
This was made known by The World Bank via a statement issued and signed by its Senior External Affairs Officer, Mansir Nasir on Friday.
Shubham Chaudhuri, World Bank Country Director for Nigeria, said, “As the Nigerian Government continues to tackle the effect of a third wave of the global pandemic, it is crucial it continues to vaccinate its citizens in addition to the use of non-pharmaceutical interventions to avoid the dreadful consequences of another lockdown that left in its wake an economic toll the country is still grappling with.
“This additional funding would ensure that the Nigerian Government has the necessary financial resources to keep its vaccination drive going. This would mean that Nigerians will have increased access to the COVID-19 vaccination.”
Credit :- Nairametrics
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