A UN finance support platform tagged “One UN COVID-19 Response Basket Fund”, says it has received additional one million dollars to help Nigeria to address challenges posed by the pandemic in the country.
The UN
Development Programme (UNDP), which manages the basket fund, made this known in
a statement on Tuesday in Abuja.
The statement
quoted Mohamed Yahya, the UNDP Resident Representative in Nigeria, as saying
that the additional fund was to aid Nigeria, as it witnessed a rapid rise in
the number of confirmed cases.
Mr Yahya said
the Bill and Melinda Gates Foundation has donated one million dollars in
support of the Nigerian government in addressing the challenges of COVID-19
pandemic on July 14, 2020.
He said the UN
welcomed the contribution of the Bill and Melinda Gates Foundation as it aimed
to support the country’s response in the management of the crisis and the
realities of post-crisis, particularly in the protection of vulnerable persons.
He added that
“as a recognised COVID-19 Response Financing and Investment Platform, this
facility provides us a timely opportunity to stand with Nigeria and channel
financial contributions toward the COVID-19 multi-sectoral response.
“Working as one
UN enables us to minimise the risk of duplication of efforts and ensures
efficient mobilisation and rapid deployment of resources.”
The UNDP
resident representative said that the unfolding COVID-19 situation in Nigeria
called for solidarity and coordinated support to the government to the response
plan of the country.
“Through the
Basket Fund, the UN aims to ensure policy coherence, programmatic alignment,
harmonisation, and coordination of support to the Government of Nigeria during
the time of crisis,’’ Yahya said.
The News Agency
of Nigeria (NAN) recalls that the UN, in collaboration with the Nigerian
government, launched the One UN COVID-19 Response Basket Fund on April 6, 2020.
The Basket Fund
serves as the One COVID-19 Financing and Investment Platform, through which
different stakeholders can channel their financial support to the
multi-sectoral efforts of the Presidential Task Force on COVID-19 Response.
The overall
management of the One UN COVID-19 Response Basket Fund is led and coordinated
by the Project Board.
The Project
Board has representation from the Presidential Task Force; Federal Ministry of
Health, Nigeria Centre for Disease Control (NCDC), relevant government
departments, fund contributing donors and the UN.
As of June 2020,
the Basket Fund, managed by UNDP mobilised 61.3 million dollars, including 54.6
million dollars from the European Union (EU) and 2.2 million dollars from UN
agencies.
Also, the fund
received four million dollars from the private sector (Dangote 3.8 million
dollars and AP Maersk 0.2 million dollars); and 0.4 million dollars from the
Government of Switzerland.
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