What is the funding situation on vaccine production?Look at the total landscape of RIA (routine immunisation activities) in Nigeria in terms of funding. One thing is that government alone cannot continue to fund routine immunisation vaccine in this country. We agree with stakeholders that it is important that private sector contributes to vaccine finance so we can meet the total vaccine requirement, how much it takes to fund vaccine requirement in this country: between now and 2020, it will cost about $420 million. This year alone we will be spending about $150m to fund routine immunisation vaccines.
What about local production of these vaccines?Government is looking at the local production of these vaccines. There is a joint-venture agreement with Bio Vaccine, which is an arm of May & Baker. Already the minister of health is leading that discussion, and as soon as it is finalized, Nigeria will commence local production of vaccine. It will create job, conserve our foreign reserve and bring in hard earned currency because the entity producing vaccines will also be servicing the West African sub-region.
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