American billionaire, Bill Gates and his wife, Melinda have reportedly kicked off process to pay a whopping sum of $76million accrued to Nigeria for polio vaccination by Japan.
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 also reported that Bill and Melinda Gates have agreed to pay off the $76 m debt to Japan over a 20-year timeframe. 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.
No comments:
Post a Comment