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Ex-Im Bank considers US $250 million-loan for medical purchases

    ABIDJAN

    The Export-Import Bank is considering lending Nigeria up to US $250 million annually to buy US medical equipment and services, the bank said in a statement on 26 August.

    The equipment and services are to go to potential private sector buyers in Nigeria under a contract with the country's Ministry of Health. The National Hospital Abuja and Federal Medical Center Gombe stand to benefit through a long-term contract for the management of the two hospitals.

    The Ex-Im Bank also announced that it would support the state government of Jigawa, in northern Nigeria, to purchase US $6 million of US-manufactured broadband wireless Internet access equipment, which will in part be used for health care services. The equipment also is to be used for education, training and commerce. It is Ex-Im Bank's first medium-term guarantee approved in Nigeria in almost 10 years.

    "This telecommunications project is going to bring vital services to Jigawa, leading to more economic opportunity," James Harmon, the bank's chairman, said.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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