• About Us
  • AKIP
  • Live TV
  • Our Programs
  • Latest News
    • Church News
    • Politics
    • Foreign News
    • Security
  • Airtime
  • From GM’s Desk
  • Church of Nigeria
  • Contact
Facebook Twitter Instagram
  • AKIP
  • From GM’s Desk
  • Live TV
Facebook Twitter Instagram
Advent Cable Network Nigeria Advent Cable Network Nigeria
  • Home
  • About Us
  • AKIP
  • Latest News
    • Church News
    • Politics
    • Security
    • Foreign News
    • Sport
  • Live TV
  • Our Programs
  • Airtime
  • Church of Nigeria
  • Contact
Donate
Advent Cable Network Nigeria Advent Cable Network Nigeria
Home»ACNN News Update»Okonjo-Iweala Speaks, As Gates Foundation Commits $1.6bn To Covid-19 Vaccine Programme
ACNN News Update

Okonjo-Iweala Speaks, As Gates Foundation Commits $1.6bn To Covid-19 Vaccine Programme

ACNN TVBy ACNN TVJune 5, 2020No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp
PARIS, FRANCE - APRIL 21: Bill and Melinda Gates pose in front of the Elysee Palace before receiving the award of Commander of the Legion of Honor by French President Francois Hollande on April 21, 2017 in Paris, France. French President Fran?ois Hollande awarded the Honorary Commander of the Legion of Honor to Bill and Melinda Gates as the highest national award under the partnership between France and the Bill & Melinda Gates Foundation, which have been unavoidable actors for several years Of development assistance and health in the world. (Photo by Frederic Stevens/Getty Images)
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp

Nigeria’s former Minister of Finance and Chair of the Gavi Board, Dr. Ngozi Okonjo-iweala, has commended a pledge of $1.6 billion by the Bill and Melinda Gates Foundation to help Gavi deliver lifesaving vaccines to the world’s poorest countries.

According to Okonjo-Iweala, the world is currently facing one of the toughest periods with the COVID-19 pandemic which she said has disrupted vaccines programme across the globe.

“As we enter one of the toughest periods in our history, with the COVID-19 pandemic disrupting vaccine programmes across the globe and causing huge economic damage, this pledge will play a vital role in supporting countries’ efforts to prevent the resurgence of other deadly, vaccine-preventable diseases”, Okonjo-iweala.

The Bill & Melinda Gates Foundation made the pledge on Thursday, during the Global Vaccine Summit 2020, hosted by Prime Minister Boris Johnson of the United Kingdom.

The pledged sum would be the Foundation’s commitment to the Alliance over the next five years.

It is also expected that the funding secured at the event for Gavi’s next strategic period will help the Alliance reach an additional 300 million children in the world’s most vulnerable communities and save up to eight million lives.

The funding, aside helping the Alliance to continue with its routine immunization services during the current COVID-19 crisis, it will also enable Gavi to play a vital role in efforts to end the pandemic, leveraging its two decades of experience in vaccine delivery to deploy potential COVID-19 vaccines to low income countries when they become available.

Speaking during the event, Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, said: “Not many people outside the global health sector have heard about Gavi, but over the past twenty years, it has transformed the way the world invests in and protects the health of its children.

“If the current pandemic has reminded us of anything, it’s the importance of vaccinating against deadly diseases. The pledges that leaders are making today will help Gavi save even more lives.”

On his part, Bill Gates, also a co-chair of the Foundation, said: “To beat the COVID-19 pandemic, the world needs more than breakthrough science. It needs breakthrough generosity. And that’s what we’re seeing today as leaders across the public and private sectors are stepping up to support Gavi – especially Prime Minister Johnson.

“When COVID-19 vaccines are ready, this funding and global coordination will ensure that people all over the world will be able to access them.”

The Bill and Melinda Gates Foundation has supported Gavi since its founding more than two decades ago.

A breakdown of the Foundation’s commitment shows that it is committing $100 million to Gavi’s new effort to purchase COVID-19 vaccines for lower-income countries through a new COVID-19 Vaccine Advance Market Commitment. This includes $50 million of new funding announced at the event, as well as the foundation’s $50 million pledge that was made at the Coronavirus Global Response International Pledging Event in May. It is equally putting $75 million to the Gavi Matching Fund that was announced in January 2020.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp

Related Posts

Church of Nigeria Receives Over 35 Orthodox Anglican Church Bishops And Clergy Who Returned To The Fold

May 15, 2022

Bishop Kukah Calls For Calm, Seeks Punishment For Killers Of Female Student In Sokoto

May 12, 2022

Christian Female Student Killed, Burnt In Sokoto Over Alleged Blasphemy

May 12, 2022
Add A Comment

Leave A Reply Cancel Reply

Recent Posts

Statement By The Bishops Of Sri Lanka Following Civil Unrest Across The Country

May 27, 2022

Anglican Diocese of Sekondi Inaugurates Clinic at Tikobo

May 27, 2022

Osinachi: FG Slams 23-Count Charge Against Husband, Nwachukwu

May 27, 2022

A Small Town In Rural Texas Is Reeling After A Gunman Opened Fire At An Elementary School On Tuesday, Killing 19 Children.

May 26, 2022

A Message From Bishop Felix Orji : Ascension Day

May 26, 2022
Advent Cable Network Nigeria

ACNNTV is the Televangelism arm of the Church of Nigeria (Anglican Communion) with focus to keep the orthodox faith alive through development of inspiring and life changing broadcast products.

Facebook Twitter Instagram
Quick Links
  • About Us
  • AKIP
  • Board of Management
  • Contact
  • Privacy Policy
Quick Links
  • Our Programs
  • Program Rates
  • From GM’s Desk
  • Live TV

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

© 2022 Anglican Cable Network Nigeria,Abuja. Designed by Dominion Web.

Type above and press Enter to search. Press Esc to cancel.