#Roommates, Bill and Melinda Gates are out here doing some amazing things! Their foundation has agreed to pay off the $76 million debt that Nigeria owes Japan for resources used to eradicate polio.

According to Quartz, the loan was taken in 2014 and repayments were due to begin this year. A Gates Foundation spokesperson spoke to the news outlet and said that they decided to take on Nigeria’s debt after they “met the condition of achieving more than 80% vaccination coverage in at least one round each year in very high risk areas across 80% of the country’s local government areas.”

The loan will reportedly be repaid over a period of 20 years.

This is some exciting news for Nigeria as the country continues its step to becoming polio free. No new cases were reported in 2017!

Join the conversation or start it! Comment below:

other roommates are saying…

Source


Warning: A non-numeric value encountered in /home2/wadyk60ackgy/public_html/wp-content/themes/Newspaper/includes/wp_booster/td_block.php on line 353