World Bank approves $500m COVID-19 grant for Nigeria

World Bank approves $500m COVID-19 grant for Nigeria …C0NTINUE READING HERE >>>


The World Bank has announced a 500-million-dollar grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic.

The fund will be utilised through the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) programme.

NAN reports that the programme was launched in 2021 to aid poor and vulnerable households and micro-small enterprises affected by the pandemic.

Dr Lire Ersado, the World Bank Task Team Leader for NG-CARES, revealed these at the end of a two-day Peer Learning and Experience Sharing meeting in Port Harcourt on Tuesday.

The…

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