The $200 million loan proposal, according to Nigeria’s Minister of Health, Dr. Osagie Ehanire, is a counterpart fund to complement a worldwide malaria action plan to battle malaria in Nigeria.
Ehanire made the explanation in Abuja during a bi-weekly press briefing on COVID-19, Cholera, Health Promotion, and other related matters.
He explained, “The amount in question refers to a component of the World Bank-assisted Multilateral Borrowing plan, which includes the African Development Bank and the Islamic bank.” The Ministry of Health and the Ministry of Budget developed the project. The Nigeria counterpart fund’s goal is to supplement a worldwide malaria action plan.
“There are three major contributors to this malaria eradication effort. The first is the United States, where the US presidential malaria initiative donated $295 million and will be used to cover 11 states; the global funds to fight AIDS, tuberculosis, and malaria provide about $400 million for very high burden malaria in 13 states across the country in order to continue to roll back malaria; and 13 states have no financial support for this program.
“In order for our partners to release cash, they require that these 13 States be covered on the condition that Nigeria provide 200 million dollars for the 13 States over a five-year period, which covers 208 LGAs, 3,536 PHCs, and almost 60 million people.”
Experts predict that the money will save 78,000 deaths, 14.5 illnesses, and deliver 17.6 million malaria treatments in these states, according to Ehanire.