.AfDB_Group Approves Nigeria’s $288.5m Loan To Tackle COVID19 Pandemic | Sahara Reporters The loan, according to the development finance institution, will bolster the government’s plans to improve surveillance and response to COVID-19... READ MORE:
The African Development Bank has approved $288.5m loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact on the economy.
Nigeria had in April secured $3.4bn from the International Monetary Fund in emergency financial assistance under the fund’s Rapid Financing Instrument to support government’s efforts in addressing the severe economic impact of the COVID-19 economic shock and the drastic fall in oil prices.
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