COVID-19: World Bank approves $114m for Nigeria to manage pandemic

World Bank

The World Bank in statement on Friday said it has approved $114 million to help Nigeria tackle its coronavirus pandemic.

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The World Bank Director for Nigeria, Shubham Chaudhuri, in a statement on Friday, said, “Nigeria has ramped up its efforts to contain the Covid-19 outbreak, but more needs to be done at the states level, which are at the front line of the response.”

He disclosed that the project would provide the states with the much needed direct technical and fiscal support in order to strengthen their position in the fight against the pandemic.

The money comes in the form of a $100 million loan and a $14 million grant to be split between Nigeria’s 36 states and federal-level procurement of medical equipment, tests and medicine.

Daily Times reports that as at August, 8, 2020 Nigeria has recorded 45,687 confirmed cases and 936 deaths.

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