The Federal Government has signed a Memorandum of Understanding (MoU) with Biovaccine Nigeria Limited (BVNL) for the production of locally made vaccines.
Dr Osagie Ehanire, Minister of Health, disclosed this in a statement by Mr Olujimi Oyetomi, Director, Media and Public Relations in the ministry on Thursday in Abuja.
BVNL is a Joint Venture company between May and Baker Nigeria Plc and the Federal Government aimed at resuscitating and advancing local production and development of vaccines.
Ehanire, who signed the MOU on behalf of the Federal Government, described the event as “a milestone in the nation’s desire for self-reliance in vaccine production.”
He said the COVID-19 pandemic brought the attention of the country to the need for domestic production capabilities of vaccines among other commodities.
The minister added that the pandemic also emphasised the need for support to home grown manufacturing of healthcare commodities.
He said that the MoU went through various appraisals and amendments by the Legal Unit of the ministry as well as the Federal Ministry of Justice before arriving at the final draft.
“The MOU will serve as an implementation framework for guaranteeing market access, which is conditional for transfer of technology to indigenous vaccine manufacturers.”
The minister added that BVNL had been working with the Federal Government to ensure that the moribund Federal Vaccine Manufacturing Laboratory in Lagos is resuscitated for the production of safe and affordable vaccines.
The Minister revealed that the Joint Venture Agreement which was signed on the 25th of July 2017 had the Federal Government owning 49 per cent shareholding being the value of Land and Real Estate assets of former Federal Vaccine Production Laboratory (FVPL).
He explained that May and Baker has a 51 per cent share.
The BVNL is charged with the mandate to attract technology, build and develop capacity for research and development and local manufacturing of vaccines.
Members of the board of the BVNL constituted in 2017 include: Prof. Oyewale Tomori as Chairman; Director, Food and Drug Services Department, FMoH as member; the Executive Director, NPHCDA also as a member amongst others. (
Edited By: Ismail Abdulaziz
- Haven Homes champions affordable luxury properties in Nigeria – MD Tayo Sonuga
- Canon’s “ African Frontiers of Innovation ” series in Central and North Africa explores the sounds of the future
- Urgent aid needed to tackle humanitarian crisis in Yemen, says FAO Director-General
- Yemen: IOM seeks funding to help five million people as situation in Ma’rib deteriorates
- UNHCR calls for urgent access to asylum seekers detained in Tanzania
- US $ 64 million to fight HIV, tuberculosis and malaria in Congo
- Coronavirus – Malawi: COVID-19 update (February 28, 2021)
- Coronavirus – Ethiopia: COVID-19 update (February 28, 2021)
- Coronavirus – South Africa: COVID-19 update (February 28, 2021)
- Coronavirus – Eswatini: COVID-19 update (February 28, 2021)