CBN finances 82 projects worth N85.89b

The Central Bank of Nigeria (CBN) says it has financed 82 projects, valued at N85.89 billion through its Healthcare Sector Intervention Facility.

The projects comprised 26 pharmaceutical and 56 medical projects across the country.

Also on Tuesday in Abuja, the CBN gave out grants valued at N253.54 million to five researchers to develop vaccines and drugs for communicable diseases, including Coronavirus.

CBN Governor Godwin Emefiele, who spoke at the award ceremony in Abuja, stated that “over 286 proposals from the general public were received and so far, 68 proposals have been evaluated, out of which five proposals with significant merits valued at N253.54 million were recommended by the experts for financing”.

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