Home WorldBill And Melinda Gates Set To Pay Off Nigeria’s $76 Million Due To Japan

Bill And Melinda Gates Set To Pay Off Nigeria’s $76 Million Due To Japan

by Sejoro Ekundayo

In order to not only eradicate polio from Nigeria but also its debt that stemmed from the disease’s vaccinations, Bill and wife, Melinda Gates, will reportedly pay off Nigeria’s $76 million debt to Japan over a 20-year timeframe, INN reports.

Bill and Melinda Gates

Through their Gates Foundation, the loan repayment was finalized since Nigeria met its original agreement of administering above “80 percent vaccination coverage” throughout the country’s most affected regions. INN noted 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. The site also notes that new cases of polio didn’t surface in 2017.

Polio cases are still found in Afghanistan and Pakistan.

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