CBN To Give Grants To Scientists, Researchers To Develop COVID-19 Vaccine


THE governor of Central Bank of Nigeria, CBN, Godwin Emiefiele has challenged Nigerian Scientists across the world to develop a Nigerian vaccine to check corona virus. 

The CBN governor said this today at the unveiling of the THISDAY Dome Testing, Tracing & Treatment Centre in Abuja,

He said the apex bank has developed a framework for grants and long-term facilities to researchers, science institutions and biotechnology firms to develop Nigerian Vaccine for Corona Virus.

Emefiele said CBN will support development of vaccine ONCE validated by the Health Authorities. 

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Here are his words: “In order to encourage greater research and development in Nigeria of drugs and vaccines that would help prevent the spread of the virus, the CBN is developing a framework under which grants and long term facilities will be provided to researchers, science institutions and biotechnology firms to develop the Nigerian Vaccine.

“Needless to state that if we are to wait for foreign countries to develop their own vaccines, we will be the last in the queue to receive curative remedies for our teeming population.

”The Central Bank of Nigeria today challenges Nigerian scientists at home and in the diaspora to go back to their laboratories and develop a Nigerian vaccine.

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” Once validated by the Health Authorities, the CBN will step in and do the needful for the sake of over 200 million Nigerians now confronted by COVID-19.”



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