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Home Business News Coronavirus

Peter Obi urges FG to beg manufacturers, rich nations for COVID-19 vaccines

Michael Ndu-Okeke by Michael Ndu-Okeke
March 2, 2021
in Coronavirus, Spotlight
Katsina Abduction, Recession: Economy should be redirected from wasteful-consumption to productivity — Peter Obi
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Former governor of Anambra State, Peter Obi has appealed to the Federal Government to take a second look at their stipulated Covid-19 budget and rather, consider begging drug manufacturers and rich nations for the vaccines.

The former Vice Presidential candidate while speaking in an interview on Channels Television, lamented on what he felt was an over-the-top and ludicrous budget for the Covid-19 vaccines and advised that the FG should instead, appeal to manufacturers for the vaccine.

Obi, speaking on the FG Procurement Budget for the Covid-19 vaccine explained that it makes little sense for Nigeria to apportion 80% of its health budget for the procurement of Covid-19 only. He also stated that sufficient Covid-19 vaccine for the country can be purchased for a price way below the figure being put forward by the FG.

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“They said they need N400bn. Our Budget for health this year is N547bn and you are saying that you need 80% of that for vaccine procurement. Assuming that’s what we are going to use the money for. I have checked the vaccine we need to have 70% which WHO has stipulated that if they receive it is okay. The quantity we need cannot cost us more than N150bn. It might be less because there are people who are willing to give vaccines for free,” Obi said.

Mr. Obi took it a step further by advising the FG on how to go about the quest to get Covid-19 vaccines at a much cheaper rate. He believes the country should own up to its poor status and demand for help unashamedly. This, he said, will reduce the amount the FG will pay for the Covid-19 vaccines.

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“Why don’t we beg manufacturers to donate, saying to them that we don’t have anything. We can go kneel and beg them saying please give us the vaccines. We are from a poor country. Give us a discount. There is nothing wrong with saying that you are poor. It is not a crime. Because you are poor,” Obi added.

Since pharmaceutical companies and drug manufacturers began discovering and manufacturing vaccines against the novel Covid-19, there have been concerns that the poorer nations might be left far behind in the race to acquire the vaccines.

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In case you missed it

  • Nigeria received its first batch of Covid 19 vaccines from India today. The first batch of Oxford AstraZeneca COVID-19 vaccines from India landed in the Nigerian capital Abuja on Tuesday.
  • About 3.94 million doses of the vaccines arrived at Nnamdi Azikiwe International Airport Abuja via an Emirates flight.

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Tags: Covid 19 budget.COVID-19 vaccinesOxford-AstraZenecaPeter Obi

Comments 2

  1. John says:
    March 2, 2021 at 6:21 pm

    But why should Nigeria be spending that huge money on vacines when there are local ways of producing ours. When are we going to be self independent from other countries. I am not in support of what Mr obi peter said here because this is the government that get money to negotiate with terrorists and bandits. Our priority is not set alright

    Reply
  2. Anonymous says:
    March 2, 2021 at 7:02 pm

    Imagine,MONKEYS AND SNAKES ARE SWALLOWING BILLIONS IN A POOR COUNTRY THAT IS ASKED TO GO TO IT’S KNEES TO BEG FOR COVID-19 VACCINE…

    Reply

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