The Federal Government through the Nigerian
Sovereign Investment Authority (NSIA) in partnership with
the Global citizen has launched a solidarity support fund to
aid the fight against COVID-19 in the country.
The Nigeria Solidarity
Support Fund to provide immediate support in the country’s
response to COVID-19.
The fund is looking to raise
$50 million for the country’s coronavirus relief efforts.
The fund will play an important part in
tackling COVID-19 in Nigeria by helping the government track
and treat cases and improving
access to healthcare.
“The government of Nigeria is delighted
NSIA, together with the world’s leading international
advocacy organisation, Global Citizen, and their partners,
have embarked on a process to set up a new funding vehicle,”
said Nigeria’s Vice President,
Professor Yemi Osinbajo.
In addition to Global Citizen Nigeria, NSIA,
and Vice President Osinbajo, the fund will be supported by
stakeholders in the public and private sectors, as well
Minister of Health Osagie Ehanire,
Minister of Finance Zainab Shamsuna Ahmed,
Minister of Foreign Affairs Geoffrey Onyeama.
It’s also supported by
Lagos State Governor Babajide Sanwo-Olu,
Chairman of the Nigeria Governors Forum
Aminu Waziri Tambuwa, the Nigeria Centre for Disease
Ambassador of Norway to Nigeria Jens-Peter Kjemprud,
philanthropists, and Nigerians in the
The fund is looking to raise $50 million
(19.5 billion Naira)
to support critical COVID-19 relief efforts in Nigeria.
Given the country’s historically under-funded health system,
the overall need in Nigeria is expected to be far greater.
The Solidarity Support Fund hopes to raise
donations of $13 million (N5 billion) from Nigerians in the
country as well as in the diaspora; $20 million (N7.7
billion) from multilateral organisations; $10 million (N3.9
billion) from philanthropists; and a further $10 million
from international businesses.
“Global Citizen will mobilise Nigerians,
Nigerians in the diaspora, global partners, together with
the philanthropic and private sectors in our nation’s fight
said Tunde Folawiyo, chairman at Global Citizen Nigeria.
COVID-19’s impact goes far beyond the health
sector and, as such, the response to the pandemic needs to
cut across numerous sectors. To effectively support
Nigeria’s response, efforts must be integrated, and must
centre the most vulnerable communities to ensure that no one
is left behind.
Aigboje Aig-Imoukhuede, vice-chairman at
Global Citizen Nigeria, explained:
“Our efforts must ensure that we
are able to envision and meet the demands that will emerge
in the aftermath of the COVID-19 pandemic.”