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Federal Government To Borrow $300m To Eliminate Malaria - Politics - Nairaland

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Federal Government To Borrow $300m To Eliminate Malaria by Factfinder1(m): 3:09pm On Apr 22, 2018
The Federal Government is to secure a US$300 million from the World Bank, Islamic Development Bank and African Development Bank to eliminate malaria in the country.



This is contained in a statement issued by the African Leaders Malaria Alliance (ALMA) on the Commonwealth Heads of Government Meeting 2018 just ended in London. 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 said 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. It said that ALMA applauds the commitment by 53 Commonwealth leaders to halve malaria across the Commonwealth nations within the next five years. It said the game-changing commitment followed the Malaria Summit, where leaders from malaria-affected countries, businesses, donors and Commonwealth leaders to get ready to beat the scourge of malaria.



The statement said the commitment from the Commonwealth has the potential to prevent 350 million malaria cases and save 650,000 lives. It added 90 per cent of global malaria cases and deaths occur on the African continent and the impact of this renewed focus to eliminate malaria will be felt across the continent. The statement noted that apart from the commitment from Nigeria, 11 African countries in the Commonwealth announced new commitment and affirmed their determination to eliminate malaria. It enumerated the countries to include Ghana, Kenya, Malawi, Mozambique, Namibia, United Republic of Tanzania, The Gambia, Uganda, Rwanda and Zambia. The statement added that ALMA further committed to the African Union’s (AU) Catalytic Framework to end AIDS, TB and Eliminate Malaria by 2030.

Source:https://ogashub.com/federal-government-to-borrow-300m-to-eliminate-malaria/


Besides, it said that the AU was also committed to supporting member countries to introduce and strengthen the use of national and sub-national malaria scorecards and action trackers, with robust community engagement to support increased domestic funding. According to the statement, AU will continue its work with Heads of State and Government in Africa to monitor progress towards this goal.



“Additional commitments from the international community includes the UK Government’s commitment to spend £500 million a year through 2020-2021 and an extra £100 million commitment to the Global Fund. The Bill and Melinda Gates Foundation also announced an additional US$1 billion through 2023 to fund research and development to reduce the burden of malaria. In addition, the Bill and Melinda Gates Foundation pledged £50 million in matching funds against the UK Government’s additional £100 commitment to the Global Fund,’’ it said.

Source: https://ogashub.com/federal-government-to-borrow-300m-to-eliminate-malaria/

Re: Federal Government To Borrow $300m To Eliminate Malaria by CodeTemplar: 3:11pm On Apr 22, 2018
Yet they keep swelling our reserve and showing it to us in a bid to impress. I pity the gullible.

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Re: Federal Government To Borrow $300m To Eliminate Malaria by Nixxxx(m): 3:12pm On Apr 22, 2018
Election money

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Re: Federal Government To Borrow $300m To Eliminate Malaria by CodeTemplar: 3:15pm On Apr 22, 2018
Nixxxx:
Election money
And we have 47B USD in reserve.

Kingpee2:
Give us the money individually and we will eliminate malaria by ourselves ...
I wonder how govt plans to eliminate malaria nationwide. except it had a vaccine I see no way that's possible for now.

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Re: Federal Government To Borrow $300m To Eliminate Malaria by Kingpee2(m): 3:15pm On Apr 22, 2018
Give us the money individually and we will eliminate malaria by ourselves ...

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Re: Federal Government To Borrow $300m To Eliminate Malaria by Kingpee2(m): 3:29pm On Apr 22, 2018
CodeTemplar:
And we have 47B USD in reserve.


I wonder how govt plans to eliminate malaria nationwide. except it had a vaccine I see no way that's possible for now.
we all know it is never possible ..

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Re: Federal Government To Borrow $300m To Eliminate Malaria by philcz(m): 4:21pm On Apr 22, 2018
cheesy God should turn me into malaria already. Let's not forget typhoid when we're done with malaria grin
Re: Federal Government To Borrow $300m To Eliminate Malaria by Factfinder1(m): 4:25pm On Apr 22, 2018
Mynd44
Re: Federal Government To Borrow $300m To Eliminate Malaria by Sagamaje(m): 4:35pm On Apr 22, 2018
Borrow money build reserve; Foolhari Media Cows will then start screaming grin grin grin
Re: Federal Government To Borrow $300m To Eliminate Malaria by Paperwhite(m): 4:41pm On Apr 22, 2018
APC is still bent on mortgaging this already bleeped country.
Re: Federal Government To Borrow $300m To Eliminate Malaria by Mynd44: 6:24pm On Apr 22, 2018

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