COVID-19: CBN spends ₦26.27bn on healthcare, says Emefiele

278 billion have been funded under the ₦100 billion Central Bank of Nigeria credit support intervention for the healthcare industry, the Governor of the apex bank, Godwin Emefiele, said on Monday.

During the event, the Secretary to the Government of the Federation and chairman of the Presidential Task Force on COVID – 19, Boss Mustapha, raised the alarm that Nigeria would risk confrontation with another pandemic if the country failed to take advantage of the opportunities presented by Coronavirus to develop health infrastructure.

However, in his clarification, the CBN Director , Philip Yila Yusuf, said that the CBN has received over 27 proposals from researchers requesting for ₦67 billion grant. “This grant is different from the hundred billion naira health care sector intervention that is for manufacturers, pharmaceuticals, hospitals who want to take money from the Deposit Money Banks to either expand or revitalize the lines that they have.”

“If you travel the shores of this country, you will find out that we have over 10,000 public primary healthcare centres scattered in wards and villages across the country, ill-equipped, ineffective, and not being put into use but we keep building them.”

Source: Healthcare Press (healthcarepress.net)

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