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May 14, 2020 CBN Moves to Support Research for Home-grown COVID-19 Vaccine

The Central Bank of Nigeria (CBN) has said it is ready to support researchers, science-based institutions, and biotechnology firms with N100bn grant in the quest for a home-grown vaccine to combat COVID-19 in Nigeria.

CBN Governor, Godwin Emefiele announced this at the commissioning of ThisDay Dome Testing and Isolation Centre in Abuja.

He said the pandemic has had an unprecedented effect on the global economy, impacting all nations irrespective of size and capacity.

According to the CBN governor, so far, the Coalition Against COVID-19, has raised over N27billion to fund this initiative.

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