Afrexim Bank to deliver 40m doses of J&J vaccines to Nigeria by 2022

The African Export-Import Bank (AFREXIM) has disclosed the plan of the bank to deliver 40 million doses of the Johnson & Johnson COVID-19 vaccines to Nigeria over a short period of time. Prof. Benedict Oramah, CEO of the bank, disclosed this when he visited Vice-President Yemi Osinbajo at the presidential villa in Abuja. He said […]

The African Export-Import Bank (AFREXIM) has disclosed the plan of the bank to deliver 40 million doses of the Johnson & Johnson COVID-19 vaccines to Nigeria over a short period of time.

Prof. Benedict Oramah, CEO of the bank, disclosed this when he visited Vice-President Yemi Osinbajo at the presidential villa in Abuja.

He said the bank was committed to ensuring that the continent achieved herd immunity by vaccinating about 60% of Africa’s population against the disease.

According to Oramah, AFREXIM is investing in trade and health infrastructure, and is also involved in the procurement and distribution of COVID-19 vaccines to African countries.

He said the bank is also planning to establish National Quality Assurance Centres in parts of the country in order to support and upgrade export of commodities from Nigeria.

Speaking after receiving a brief on the bank’s activities as well as ongoing projects in the country, the Vice President expressed satisfaction with the work done by the bank and the interest shown in areas such as health infrastructure, trade facilitation and tourism, among others.

Referencing the planned establishment of quality assurance centres across the country, the VP said it is important because “one of the problems we have had with our exports is really this problem of quality assurance and making sure that we have the facilities to test our export products and get all of our agencies working together. I am sure that you have SON, NAFDAC, and all of our agencies working with you on this project.”

While thanking the bank for its support, Osinbajo noted that the Federal Government’s programmes in the Micro, Small and Medium Enterprises (MSMEs) sector, particularly in the Shared Facility Initiative under the National MSMEs Clinic, are important and deserving of AFREXIM’s backing.

He said the initiative which is implemented in collaboration with state governments and aimed at developing manufacturing clusters across the country, could be enhanced through partnership with the bank.