May 13, 2020

COVID-19: CBN ready to support domestic vaccine production with N100b — Emefiele

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CBN Governor, Godwin Emefiele

CBN Governor, Godwin Emefiele

THE Governor, Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has announced that the apex bank is ready to support researchers, science-based institutions and biotechnology firms with N100 billion grant in the quest for a homegrown vaccine to fight Corona Virus (COVID-19) in Nigeria.

The apex bank governor, who spoke at the commissioning of ThisDay Dome Testing, Treating, Tracing and Isolation Centre in Abuja, said the pandemic has had an unprecedented effect on the global economy, impacting all nations big and small.

According to him, so far, the Coalition Against COVID-19, (CACOVID) has raised over N27billion to fund this initiative.

He said the donation received so far is being used to build well-equipped isolation centres across the 36 states of the federation.

Emefiele stated: ‘’’The ThisDay Dome Testing, Treating, Tracing and Isolation Centre being launched today, represents a part of the support being provided by the CACOVID alliance. So far, CACOVID has equipped and handed over isolation centres in Rivers, Enugu, Kwara, Ondo and Borno.

READ ALSO: COVID-19: CBN ready to support homegrown vaccine – Emefiele

‘’It is expected that other isolation centres will be handed over in the other states of the country including FCT, by May 23rd 2020. As part of measures put in place to cushion the effect of the COVID-19, CACOVID has provided food items to poor and Indigents Nigerians’’.

He said Nigeria’s economy is exposed to triple shock following the spread of the disease.

The minister of health, Dr. Osagie Ehanire, who also spoke at the event said it takes all hands on deck to tackle the worst single public health emergency of our generation.

‘’The nature of this virus makes the identification and isolation of infected persons and their contacts a public health imperative and the importance cannot be over-emphasized’’ he said.

Vanguard News Nigeria