x

COVID-19: World Bank approves $12bn for developing countries

The World Bank has approved $12 billion to help developing countries to buy COVID-19 vaccines.

The organisation announced this in a statement on Wednesday.

“The World Bank’s Board of Executive Directors today approved an envelope of 12 billion dollars for developing countries to finance the purchase and distribution of COVID-19 vaccines, tests, and treatments for their citizens,” it read.

The vaccination support targets up to a billion people.

The fund is part of the World Bank Group’s package to provide up to $160 billion through June 2021.

The aid will reach more than 100 countries.

Confirmed cases of coronavirus has exceeded 38.4 million worldwide.

Hot this week

KOSIEC Announces 2026 Local Government Council Elections in Kogi State

By Noah Ocheni, LokojaThe Kogi State Independent Electoral Commission...

NARD President Renews Call for Reinstatement of Sacked Doctors at FTH Lokoja

By Noah Ocheni, LokojaThe President of the Nigerian Association...

FG Targets Speedy Trials, Plans Decongestion of Correctional Centres

By Francis WilfredThe Minister of Interior, Dr. Olubunmi Tunji-Ojo,...

BREAKING: Senate Begins Screening of INEC Chairman-Designate, Prof. Joash Amupitan

The Senate has commenced the screening and confirmation process...

Kogi State Polytechnic Urges Prosecution of Staff Over Alleged Salary Fraud

By Noah Ocheni, LokojaThe Management of Kogi State Polytechnic,...

North Central Development Commission Condoles with Senator Abba Moro Over Death of Son, Grandson

By Abel Zwanke, LafiaThe Managing Director and Chief Executive...

Outcry as WhatsApp Bans Nigerian Journalist’s MTN Line Without Warning or Clear Reason

By Achadu Gabriel, KadunaThere has been widespread outrage following...

KOSIEC Announces 2026 Local Government Council Elections in Kogi State

By Noah Ocheni, LokojaThe Kogi State Independent Electoral Commission...

KADMAM Advocates Improved Maternal Health, Declares “No Child Should Die at Birth”

By Achadu Gabriel, KadunaThe Co-chairman of the Kaduna Maternal...

Evaluation of Nigeria’s Foreign Policy in the Contemporary Era

By Daudu Agaba Andrew SamuelNigeria’s foreign policy has long...

Related Articles

Popular Categories

spot_imgspot_img