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CACOVID Attacks BUA Group

Private Sector Coalition Against COVID-19 (CACOVID) has reacted to the statement by BUA Group that it has purchased one million doses of COVID-19 vaccine for Nigeria.

CACOVID in a statement by the Operations Committee said;

“CACOVID is dismayed to learn of reports on social media today alleging that BUA is singlehandedly purchasing 1 million COVID-19 vaccine doses for Nigeria. Alhaji Rabiu Abdulsamad must have been misquoted because these claims are not factual as CACOVID operates on a collegiate fund contribution model. There is no agreement between BUA, CACOVID and Afreximbank.”

“During the CACOVID weekly call of February 8th, Governor Emefiele, relayed to the larger group a call that he held with Alhaji Aliko Dangote and Herbert Wigwe with Afreximbank President, Benedict Oramah, on Sunday February 7th, 2021 President Oramah briefed the 3 CACOVID leaders on the $2 billion facility the Bank has set up with the African Union Vaccine taskforce to purchase vaccines for the African Continent.”

“The allocation for Nigeria has been capped at 42 million doses. President Oramah explained that 1 million doses were ready for shipment to Nigeria in the next 2 weeks if a down payment was made by today, February 8th.”

“At today’s meeting, CACOVID leadership agreed to contribute $100 million to procure vaccines for Nigeria, these 1 million doses from Afreximbank worth $3.45 million, being the very first tranche. CACOVID will purchase vaccines through other credible and subsidised mechanisms such as COVAX.”

“The vaccines will be delivered to Nigeria and distributed through the National Primary Healthcare Development Agency (NPHCDA).”

“CACOVID would like the Nigerian public to understand that vaccine purchase is only possible through the Federal Government of Nigeria, and that no individual or company can purchase vaccines directly from any legitimate and recognised manufacturer.”

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