CACOVID, BUA fight over N1.3bn payment for vaccine


Published February 10, 2021

Ted Odogwu , Kano
The BUA Group on Tuesday insisted that it had acquired one million doses of AstraZeneca vaccine , saying a statement by the Coalition Against COVID – 19 ( CACOVID ) , disowning the acquisition was shocking.
CACOVID had denied BUA ’ s earlier claim on the purchase of vaccines for Nigerians , emphasising that no individual had the capacity to strike such a deal .
But the BUA Group faulted the CACOVID ’s denial .
It explained that at the CACOVID steering committee meeting on February 8 , 2021 , members were informed by the CBN that CACOVID had been given the opportunity through the Afrexim platform to access and pay for one million doses .
According to a statement by BUA , there was no agreement reached and despite members being offered the opportunity to donate funds towards procuring the doses , no member offered .
“ Thereafter BUA offered to pay for the one million doses at the agreed rate of US $ 3 .45 per dose, totalling US$ 3 ,450 , 000, 000 .00 , which translates to N 1. 311 bn . ’’
The firm said the payment was made after the meeting and BUA transferred the money to the CBN .
“ However, with this development by the CACOVID operations committee , we now have a just cause to believe that some members of CACOVID were not happy that BUA took this initiative in the interest of Nigeria .
“ BUA ’ s gesture is in good faith , as it has done with its interventions throughout the pandemic .
“ We find this press release by CACOVID to be very petty and unbecoming of seemingly serious corporate citizens because it is tantamount to playing politics , with the lives of Nigerians . This is no time for politics ,” the statement added .

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