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Bill Gates, wife to pay off Nigeria’s $76M dues to Japan

It was also reported that Bill and Melinda Gates have agreed to pay off the $76 m debt to Japan over a 20-year timeframe.

According to a report by Vibe Magazine, the couple are taking up the responsibility to not only eradicate polio from Nigeria but also its debt that stemmed from the disease’s vaccinations.

It was further reported that the funds will be paid through the couple's Gates Foundation.

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Further information revealed that the loan repayment was finalized after Nigeria met its original agreement of administering above “80 percent vaccination coverage” throughout the country’s most affected regions.

The report notes that Nigeria accounted for over half of the world’s polio occurrences in 2012.

According to Global Citizen, Nigeria and Japan joined a pact under the Overseas Development Assistance (ODA) in 2014. The partnership sought to assist in the erasure of polio.

Polio

In 2017, the World Health Organisation (WHO) renewed its commitment to assist Nigeria combat polio and other child killer diseases.

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The WHO said that it would work in collaboration with development partners to rehabilitate and upgrade health facilities ravaged by Boko Haram insurgents in the 27 local government areas of the state.

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