Additional Financing NG-Polio Eradication Support Project (WB-P158557)

Countries
  • Nigeria
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jun 7, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
FEDERAL GOVERNMENT OF NIGERIA
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 125.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 125.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 18, 2017

Disclosed by Bank May 24, 2016


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Project Description
The development objective of the Polio Eradication Support Project for Nigeria is to assist the Government of Nigeria, as part of a global polio eradication effort, to achieve and sustain at least 80 percent coverage with oral polio vaccine (OPV) immunization in every state in the country. The project has the following three components: 1.Supply of OPV to national strategic cold stores, 2. Polio Eradication Operations Support, and 3. Routine Immunization (RI) Support. The proposed AF will help finance the costs associated with polio eradication in all the states in Nigeria and the procurement of vaccines for RI for children under 5 years and women of reproductive age. Given that most of the OPV procurement, the polio eradication activities and RI vaccine procurement need to take place in the first half of 2016 (the lead time required to procure and deliver vaccines is at least two months), the AF proposes to apply retroactive financing of 20 percent.
Investment Description
  • World Bank (WB)
Contact Information
ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.