The Global Fund Board has approved an extension of an existing malaria grant to Nigeria as well as a new one-year grant with a new principal recipient (PR) – all at no extra cost. The extension and the new grant will be financed by reinvesting savings identified in Nigeria’s current malaria grants. This will allow Nigeria to maintain essential malaria services to the end of 2017.
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They will be funded using savings from the country’s existing malaria grants
Meanwhile, Nigeria risks forfeiting $45.7 million in incentive funding from 2014-2016