Saturday, October 16, 2021

FG Announce Plans To Borrow Money From Three International Banks To Fight Malaria

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The “Non-Lazy” Buhari-led Federal Government of Nigeria has announced its plans to secure a $300 million loan from the World Bank, Islamic Development Bank and African Development Bank to combat the widespread of malaria in the country.
The “Money-for-health” plans was revealed in a statement issued by the African Leaders Malaria Alliance (ALMA) on the Commonwealth Heads of Government Meeting 2018 that ended in London last week. The government said in the statement that it would elevate malaria on the national priority list and finance its national malaria elimination strategy.
The statement also revealed that Nigeria also pledged an additional US$18.7 million to leverage US$37 million from the Global Fund to distribute 15 million mosquito nets and to support the local manufacture of essential malaria commodities.
Photo Credit: Getty

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