Home Business Why CBN is developing framework for funding COVID-19 vaccine
BusinessNews

Why CBN is developing framework for funding COVID-19 vaccine

Share
CBN Governor, Godwin Emefiele
Share

As part of efforts to fight the coronavirus pandemic, the Central Bank of Nigeria (CBN), Nigeria’s apex monetary authority has disclosed that it is developing a framework to provide financial support to aid the fight against Coronavirus disease in the country.

Confiance News gathered from Twitter on Wednesday.

“#CBN develops framework for grants and long-term facilities to researchers, science institutions and biotechnology firms to develop Nigerian Vaccine for Corona Virus.”

“#Emefiele challenges Nigerian Scientists across the world to develop a Nigerian vaccine to check coronavirus,” CBN tweeted.

Moreover, the Central Bank governor, Godwin Emefiele noted that the fund would be released as soon as the vaccine is validated by the health authorities.

“#Emefiele says CBN will support development of vaccine ONCE validated by the Health Authorities,” the bank revealed on Twitter.

Nigeria recorded the index case of the coronavirus pandemic on February 27, 2020, since then it has spread to all the parts of Nigeria with 5,162 confirmed cases except Cross River and Kogi States.

Although scientists globally have been engaged in the research of a vaccine against the COVID-19 disease, there are still no certified vaccine for the disease.

Hence, the need for more funding of the coronavirus vaccine research.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

Why NCC plans to unveil incident reporting guidelines

W Please follow and like us:

Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

Related Articles

Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been...

In four photos, NCC reacts to Executive Order on Critical National Information Infrastructure

By Chioma Obinagwam The infrastructure of the Nigerian Communications Commission (NCC) has...

10 men that changed the face of banking in Nigeria

The Nigerian banking sector has undergone significant transformations over the decades, thanks...

Denmark’s Consul General, FC4S Lagos, others collaborate for enhanced access to dairy products

By Chioma Obinagwam For Nigeria to achieve its nutritional goals, its teaming...

Advertisements