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World Bank Board Of Directors Approves $114.28m For Nigeria

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World Bank Board of Directors on Friday approved a total of $114.28m for Nigeria.

The amount is meant to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with a specific focus on state level responses.

The $114.28m includes $100 million credit from the International Development Association (IDA) and $14.28 million grant from the Pandemic Emergency Financing Facility.

A statement released by the World Bank on Friday explained that through the COVID-19 Preparedness and Response Project (CoPREP), the Government of Nigeria will provide grants to 36 states and the FCT as immediate support to break the chain of COVID-19 local transmission and limit the spread of coronavirus through containment and mitigation strategies.

It will also help the government mobilize surge response capacity through trained and well-equipped frontline healthcare workers and strengthen the public health care network for future health emergencies.

World Bank Country Director for Nigeria, ‎Shubham Chaudhuri, noted that although Nigeria has ramped up its efforts to contain COVID -19 outbreak, more needs to done at the state level, which are at the frontline of the response.

In addition, the project will finance federal procurements of medical equipment, laboratory tests, and medicines to be distributed to the states based on their needs.

So far, all 36 states have incident action plans cleared by the Nigeria Center for Disease Control (NCDC) and funds have been disbursed to 23 states.

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