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

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.

Share

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles
Faith & Inspiration

‎Pastor Bola Odutola says nothing is ‘now now’ with God‎

• ‎A Lagos pastor says a 25-year-old woman who left a comfortable...

Entertainment & Culture

‎Rita Bon releases new Twi gospel song ‘Emmanuel’ on Audiomack‎

‎• Gospel singer Rita Bon releases her new Twi praise song “Emmanuel”...

Health  

NCC marks cancer awareness month with message of hope

…As 𝗡𝗖𝗖 𝘀𝘁𝗮𝗳𝗳 𝘄𝗲𝗮𝗿 𝗽𝗶𝗻𝗸 𝗮𝗻𝗱 𝗲𝗺𝗲𝗿𝗮𝗹𝗱 𝗴𝗿𝗲𝗲𝗻 𝗳𝗼𝗿 𝗰𝗮𝗻𝗰𝗲𝗿 𝗮𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀‎‎· ‎The...

Business & Economy

‎𝗖𝗕𝗡 𝗵𝗼𝗹𝗱𝘀 𝗕𝗲𝗶𝗷𝗶𝗻𝗴 𝗿𝗼𝘂𝗻𝗱𝘁𝗮𝗯𝗹𝗲 𝘁𝗼 𝘀𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻 𝗡𝗶𝗴𝗲𝗿𝗶𝗮-𝗖𝗵𝗶𝗻𝗮 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗰𝗼𝗿𝗿𝗶𝗱𝗼𝗿‎

‎𝗖𝗮𝗿𝗱𝗼𝘀𝗼 𝘀𝗲𝗲𝗸𝘀 𝗳𝗶𝗿𝘀𝘁𝗵𝗮𝗻𝗱 𝗶𝗻𝗽𝘂𝘁 𝗼𝗻 𝗰𝗿𝗼𝘀𝘀-𝗯𝗼𝗿𝗱𝗲𝗿 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 𝗹𝗶𝗻𝗸𝘀‎‎• ‎The Central...