The Japanese government has extended grant assistance of 1 billion Yen ($9.4 million) for the provision of medical equipment to the Nigerian government.
This was disclosed in a signing agreement between the Japanese Ambassador to Nigeria, Mr. Kikuta Yutaka, and the Minister of State for Budget and National Planning, Mr. Clem Agba on Wednesday.
READ: Facebook to invest $100 million in media houses as coronavirus crashes their revenue
ANNOUNCEMENT:
On September 29, 2020, the Government of Japan extended a grant assistance of JPY 1 billion (approximately USD 9.4 million) for the provision of medical equipment to the Federal Republic of Nigeria. #Thread
— Government of Nigeria (@NigeriaGov) September 30, 2020
READ: Netflix moves against Showmaxx, introduces cheaper mobile only subscription in Nigeria, Africa
The FG says the assistance will contribute to the strengthening of the Nigerian medical sector during the pandemic through the provision of equipment such as ambulances and CT scanners.
READ: NSE’s only listed mining firm to put $100 million to work
This is the second medial grant to Nigeria since Nairametrics reported in August that the World Bank approved the sum of $114 million to assist Nigeria in its fight against the coronavirus pandemic. The fund comes in the form of a $100 million credit facility from the International Development Association (IDA) and $14 million grant from the Pandemic Emergency Financing Facility.
