Original disclosure @ AFDB website
Updated in EWS Jul 7, 2020
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The loan to the Federal Republic of Nigeria in the amount of USD 288,500,000 from the African Development Bank resources under the COVID-19 Rapid Response Facility (CRF) is to finance the COVID-19 Response Support Program,designed as a Crisis Response Budget Support (CRBS) Operation. The program results from a request of the Federal Government of Nigeria dated March 25, 2020.
The purpose of the program is to support Nigeria's efforts at fighting the COVID-19 pandemic and mitigating its socioeconomic impact onits citizens and businesses. Its operational policy objective is to support the implementation of the Government's "Integrated Policy Framework" which has a two-pronged approach -addressing the immediate health crisis and mitigating the socioeconomic impact of the outbreak. It has the following expected outcomes: (i) improved health pandemic surveillance and response to COVID-19 emergencies; (ii) enabling micro, small and medium enterprises (MSMEs)to weather the COVID-19 crisis; and (iii) protecting vulnerable households' livelihoods from the adverse impactof the pandemic. The proposed operation is strongly coordinated with those of the World Bank (WB) and International Monetary Fund (IMF).
Project funding is UAC 209,156,486.
GEBRE-SELASSIE Kalayu / firstname.lastname@example.org
ACCOUNTABILITY MECHANISM OF AfDB
The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing email@example.com, firstname.lastname@example.org, email@example.com, and/or firstname.lastname@example.org. You can learn more about the IRM and how to file a complaint at https://www.afdb.org/en/independent-review-mechanism/.