Nigeria - Nigeria: Covid-19 Response Support Program (C19RSP) - Appraisal Report

Management submits the following Report and Recommendations on a proposed loan to the Federal Republic of Nigeria (FRN) in the amount of USD 288,500,000 (Two hundred eighty-eight million five hundred thousand United States Dollars) from the African Development Bank resources under the COVID-19 Rapid Response Facility (CRF) to finance the COVID-19 Response Support Program (C19RSP),designed as a Crisis Response Budget Support (CRBS) Operation. The program results from a request of the Federal Government of Nigeria (FGN) dated March 25, 2020. The design of the program took into account good practice principles on conditionality (Appendix V).