Nigeria is said to be the beneficiary of a World Bank scheme that will see the country get about N417 Billion to rebuild areas in the north east that have been affected by the activities of Boko Haram.
The statement read in part, “The President urged the World Bank to send a team, which would work in concert with a team from the Federal Government, so that a proper assessment of needs could be done.
“The World Bank will spend $2.1bn through its International Development Agency, which gives low interest rate loans to governments. The first 10 years will be interest-free, while (the interest for the) additional 30 years will be at lower than the capital market rate.
“The World Bank is eager to move in quickly, give out the loans and give succour to the people of the North-East, long at the mercy of an insurgency that has claimed over 20,000 souls.”
Additionally ,WHO would also invest $300m in immunisation against malaria in Nigeria, while the Bill and Melinda Gates Foundation would collaborate with the Dangote Foundation to ensure that the country maintained its zero polio case record of the past one year.
If the effort is sustained for another two years, the presidential spokesman said Nigeria would be declared fully free of polio.
Get Latest Updates In your Inbox
About jamixyblog
0 comments:
Post a Comment
Don't Just Read And Leave...Try Dropping a Comment As This Would Improve us In serving You Better..........Thanks