National Assembly Halt Release Of Funds For Production Of COVID-19 Vaccines

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The National Assembly has asked the Ministry of Health to suspend further action on the plans to utilize the 10 billion naira released to them by the Ministry of Finance, to fund the production of COVID-19 vaccines.

The National Assembly Joint Committee on Health took the decision on Wednesday , following its dissatisfaction with the explanation of the Minister of Health, Osagie Ehanire on how the funds will be utilized.

The Chairman, Senate Committee on Health, Ibrahim Oloriegbe said the money will not be spent until the Ministry can state clearly, what the money will be used for.

On his part, the Minister of Health, Osagie Ehanire said the money was part of an agreement between the Federal Government and a foreign partner, May and Baker PLC for the production of bio vaccines.

The Minister added that the ministry is acting on a Memorandum of Understanding between the Federal Government and the foreign partner for the production of the bio vaccines.

It would be recalled that the Federal Government had released 10 billion naira to fund the local production of COVID-19 vaccines followingthe second wave of COVID-19.

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