Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,148,709 members, 7,802,149 topics. Date: Friday, 19 April 2024 at 09:52 AM

Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant (617 Views)

Gov Soludo Signs Mou With AFREXIM Bank, Others To Develop Anambra (Photos) / Buhari Seeks $30m Loan From World Bank To Build Vaccine Plant / Nigeria Approaches UK Over Proposed #endsars Sanctions. (2) (3) (4)

(1) (Reply) (Go Down)

Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by Emergingnation1(m): 2:40pm On Nov 21, 2021
Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant In Nigeria
Buhari, represented by Vice-President Yemi Osinbajo, made this known in Jos on Saturday during the graduation of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies.

President Muhammadu Buhari says his government is in talks with the World Bank to obtain $30 million to build a vaccine plant in Nigeria.
Buhari, represented by Vice-President Yemi Osinbajo, made this known in Jos on Saturday during the graduation of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies.



The President said he hoped that the vaccine plant to be built in collaboration with May & Baker Nigeria Plc would commence next year.
He said, “Nigeria is in talks with the World Bank’s private lending arm and other lenders to raise about $30 million to help finance a vaccine plant – Biovaccines Nigeria Ltd, (with 49 per cent of the company owned by the Nigerian government and the balance held by May & Baker Nigeria Plc), plans to begin construction of the plant in the first quarter of next year.
 “The plant will initially ‘fill and finish,’ which means importing the raw materials for the vaccines and then packaging them for distribution. Full manufacturing is expected to follow.”
Buhari said but for providence and the good policies of his government, the COVID-19 pandemic would have wreaked unimaginable havoc on the Nigerian economy.
In September, the Peoples Democratic Party (PDP) lamented the reckless borrowing by the Buhari-led government.
The opposition party noted that the All Progressives Congress-led government had already accumulated N33.107 trillion debt, noting that the government had nothing to show but decayed infrastructure and a depressed economy.


http://saharareporters.com/2021/11/21/buhari-approaches-world-bank-others-30million-loan-build-vaccine-plant-nigeria

1 Like 1 Share

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by Emergingnation1(m): 2:42pm On Nov 21, 2021
All this debts na who go pay am grin grin

3 Likes

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by sapientia(m): 2:44pm On Nov 21, 2021
Is that the most pressing need of Nigeria right now?
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by Otuegbe: 2:46pm On Nov 21, 2021
The rate Buhari take dey borrow too much oo.
I hope he is aware of all this borrowing

2 Likes

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by JAMO4REAL1(m): 2:46pm On Nov 21, 2021
Another loan haaaaa what is going on in this country
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by clarocuzioo(m): 3:05pm On Nov 21, 2021
Osibanjo the green snake in a green grass. Later he will want to be President to continue the disaster where Buhari stopped.

Nonsense and ingredients

1 Like

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by LordviccoDaGuru(m): 3:11pm On Nov 21, 2021
clarocuzioo:
Osibanjo the green snake in a green grass. Later he will want to be President to continue the disaster where Buhari stopped.

Nonsense and ingredients

Go hug transformer

gringrin grin grin grin grin grin

We're in power
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by LordviccoDaGuru(m): 3:12pm On Nov 21, 2021
Emergingnation1:
All this debts na who go pay am grin grin

Na ur unborn children

gringringrin grin gringringringringringrin

Na we dey on power, Nigeria belongs to we Northerners

1 Like

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by LordviccoDaGuru(m): 3:14pm On Nov 21, 2021
Emergingnation1:
Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant In Nigeria
Buhari, represented by Vice-President Yemi Osinbajo, made this known in Jos on Saturday during the graduation of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies.

President Muhammadu Buhari says his government is in talks with the World Bank to obtain $30 million to build a vaccine plant in Nigeria.
Buhari, represented by Vice-President Yemi Osinbajo, made this known in Jos on Saturday during the graduation of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies.



The President said he hoped that the vaccine plant to be built in collaboration with May & Baker Nigeria Plc would commence next year.
He said, “Nigeria is in talks with the World Bank’s private lending arm and other lenders to raise about $30 million to help finance a vaccine plant – Biovaccines Nigeria Ltd, (with 49 per cent of the company owned by the Nigerian government and the balance held by May & Baker Nigeria Plc), plans to begin construction of the plant in the first quarter of next year.
 “The plant will initially ‘fill and finish,’ which means importing the raw materials for the vaccines and then packaging them for distribution. Full manufacturing is expected to follow.”
Buhari said but for providence and the good policies of his government, the COVID-19 pandemic would have wreaked unimaginable havoc on the Nigerian economy.
In September, the Peoples Democratic Party (PDP) lamented the reckless borrowing by the Buhari-led government.
The opposition party noted that the All Progressives Congress-led government had already accumulated N33.107 trillion debt, noting that the government had nothing to show but decayed infrastructure and a depressed economy.


http://saharareporters.com/2021/11/21/buhari-approaches-world-bank-others-30million-loan-build-vaccine-plant-nigeria

It's a welcome development grin Nice one Buhari till 2031
#iStandWithBuhari
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by FarahAideed: 3:26pm On Nov 21, 2021
Bambiala president ...always begging

1 Like 1 Share

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by AntiBMC(m): 3:30pm On Nov 21, 2021
Hehehe cheesy grin

A shameless borrow borrow bororo.

Wetin im know say vaccine be? Before talking of building d vaccine plant.

Aso Rock hospital no get bed. You still travel out for medical tourism. Even drugs are imported....yet you want to build vaccine plant. Eww.
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by joinnow: 3:44pm On Nov 21, 2021
Emergingnation1:
Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant In Nigeria
Buhari, represented by Vice-President Yemi Osinbajo, made this known in Jos on Saturday during the graduation of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies.

President Muhammadu Buhari says his government is in talks with the World Bank to obtain $30 million to build a vaccine plant in Nigeria.
Buhari, represented by Vice-President Yemi Osinbajo, made this known in Jos on Saturday during the graduation of Senior Executive Course 43 participants of the National Institute for Policy and Strategic Studies.



The President said he hoped that the vaccine plant to be built in collaboration with May & Baker Nigeria Plc would commence next year.
He said, “Nigeria is in talks with the World Bank’s private lending arm and other lenders to raise about $30 million to help finance a vaccine plant – Biovaccines Nigeria Ltd, (with 49 per cent of the company owned by the Nigerian government and the balance held by May & Baker Nigeria Plc), plans to begin construction of the plant in the first quarter of next year.
 “The plant will initially ‘fill and finish,’ which means importing the raw materials for the vaccines and then packaging them for distribution. Full manufacturing is expected to follow.”
Buhari said but for providence and the good policies of his government, the COVID-19 pandemic would have wreaked unimaginable havoc on the Nigerian economy.
In September, the Peoples Democratic Party (PDP) lamented the reckless borrowing by the Buhari-led government.
The opposition party noted that the All Progressives Congress-led government had already accumulated N33.107 trillion debt, noting that the government had nothing to show but decayed infrastructure and a depressed economy.


http://saharareporters.com/2021/11/21/buhari-approaches-world-bank-others-30million-loan-build-vaccine-plant-nigeria
This guys dey use Nigeria catch Cruise.
People that has the vaccine are protesting in Netherlands,France , Austria etc that they won't take.

1 Like

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by PROUDIGBO(m): 3:51pm On Nov 21, 2021
Otuegbe:
The rate Buhari take dey borrow too much oo.
I hope he is aware of all this borrowing

Of course he is! He’s aiming to max out on Nigerias’ credit allowance, so he can take as much of the projects and benefits to Daura as possible, before leaving Aso Rock!

1 Like 1 Share

Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by omowolewa: 3:53pm On Nov 21, 2021
My Oga like loans
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by LordviccoDaGuru(m): 3:56pm On Nov 21, 2021
[s]
AntiBMC:
Hehehe cheesy grin

A shameless borrow borrow bororo.

Wetin im know say vaccine be? Before talking of building d vaccine plant.

Aso Rock hospital no get bed. You still travel out for medical tourism. Even drugs are imported....yet you want to build vaccine plant. Eww.
[/s]
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by fourboys: 3:58pm On Nov 21, 2021
This man don over borrow oo.. pls nobody shld borrow this man one Kobo again embarassed embarassed embarassed
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by fourboys: 3:59pm On Nov 21, 2021
LordviccoDaGuru:


Na ur unborn children

gringringrin grin gringringringringringrin

Na we dey on power, Nigeria belongs to we Northerners
u don eat today
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by rayvelez(m): 4:05pm On Nov 21, 2021
Aso rock hospital didn’t have ordinary paracetamol yet the dullard want to borrow $30m to build vaccine plant lwkmd.
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by seunmsg(m): 4:06pm On Nov 21, 2021
This should have been our priority when COVID-19 broke out in 2020 but we raised billions of Naira through CACOVID and used everything to buy garri, rice and Indomie that ended up rotten away in warehouses owned by state governments.
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by Racoon(m): 4:31pm On Nov 21, 2021
What? Who will pay all these chronic borrowings for goodness sake?
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by LordviccoDaGuru(m): 4:32pm On Nov 21, 2021
fourboys:
u don eat today

I'll feed you and your family till the second coming of Jesus Christ, send me your account details lemme surprise u
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by LordviccoDaGuru(m): 4:33pm On Nov 21, 2021
Racoon:
What? Who will pay all these chronic borrowings for goodness sake?

Ur children will pay it grin
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by AntiBMC(m): 4:44pm On Nov 21, 2021
LordviccoDaGuru:
[s][/s]

Exactly how ur brain was cancelled when you were created. You obvs have no need for it.
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by AntiBMC(m): 4:47pm On Nov 21, 2021
rayvelez:
Aso rock hospital didn’t have ordinary paracetamol yet the dullard want to borrow $30m to build vaccine plant lwkmd.

My thoughts exactly. It's not as if world bank and all these countries lending them money, dunno what they use it for. They know very well that it would be massively looted...yet they keep giving him loans.
Re: Buhari Approaches World Bank, Others For $30million Loan To Build Vaccine Plant by DOTian: 4:49pm On Nov 21, 2021
The Borrower in Chief

(1) (Reply)

I'm Friends With Buhari’s Chief Of Staff, Others In Aso Rock – Ayu / Why Is Nigeria Not Making Progress? / Return Nigeria To Regionalism Before 2023 Polls — OPC Tells Buhari

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.