Close Menu
The Editor NGRThe Editor NGR
  • Homepage
  • News
  • Politics
  • Entertainment
  • Business & Economy
  • Opinion
  • About Us
  • Privacy Policy

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Ibadan Elders Caution Olubadan, Move To End Rift With Makinde

April 18, 2026

JAMB: How to check 2026 UTME results

April 18, 2026

Nafiu Bala Declares Mark-Led ADC Convention ‘Null and Void’

April 18, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Editor NGR
  • Homepage
  • News
  • Politics
  • Entertainment
  • Business & Economy
  • Opinion
  • About Us
  • Privacy Policy
The Editor NGR
You are at:Home»News»Nigeria: You’re Petty, BUA Slams CaCovid, Reveals Evidence of Vaccine Payment
News

Nigeria: You’re Petty, BUA Slams CaCovid, Reveals Evidence of Vaccine Payment

theeditorBy theeditorFebruary 9, 2021No Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

As the drama surrounding acquisition of a million doses of AstraZeneca vaccine continues, BUA Group has described the Coalition Against COVID-19, CACOVID, as “petty” for disowning its (BUA) earlier claims on the purchase.

CACOVID is a private sector initiative for the fight against COVID-19. BUA group, a member of the coalition on Tuesday accused the coalition of playing politics with the lives of Nigerians.

Earlier on Monday, BUA group announced that it will single-handedly purcase 1 million doses of the AstraZeneca COVID-19 vaccine through the Afrexim platform.

However, the coalition in a statement refuted the claim by BUA group, noting that the purchase of the vaccines cannot be done by an individual.

But in a counter-statement, BUA released evidence of its payment of 1 billion Naira to the Central Bank of Nigeria for the purchase of the vaccines.

BUA on Tuesday alleged that it is aware that some members of CACOVID were not happy the organization took the initiative before them but warned that politics should not be played with the life and health of Nigerians.

It will be recalled as earlier reported by theeditorng.com that BUA Group announced on Monday that it has paid for one million doses of AstraZeneca COVID-19 vaccines for Nigeria.

The firm said the vaccines are expected to be delivered next week and distributed at no cost to Nigerians through CACOVID.

However, there was a twist in the plot as CACOVID debunked the statement by the BUA group, as its operations committee denied that BUA would singlehandedly secure the doses.

The group added that purchase of the vaccine cannot be done by individuals or companies, but only through the federal government.

In a swift reaction, BUA has now explained how it paid for the vaccines through the Central Bank of Nigeria using the Afrexim Platform adding that the window of opportunity could have been lost if payment was not done within the timeframe.

 

According to BUA, it took it upon itself to make the move in the interest of Nigerians.

It explained: “BUA then took it upon itself to offer to pay for the 1million doses at the agreed rate of US$3.45 per dose totaling US$3,450,000,000.00 which translates to 1.311billion Naira.
“The Chairman of BUA also requested through the CBN governor that the Naira equivalent be paid to the relevant account with CBN, and that CBN forward the dollar payment to Afrexim on CACOVID’s behalf.”

The firm expressed shock that “some members of CACOVID were not happy that BUA took this initiative in the interest of Nigeria and to ensure that the deadline was met to receive the 1 million doses of the vaccine next week.

“BUA did this gesture in good faith as it has done with its interventions throughout the pandemic.”

Adding that: “We will however like to state clearly that we are aware that a prominent member of CACOVID is not happy that BUA took the initiative to pay for the vaccines – fulfilling our pledge just as we said during the meeting.
“Now, they want to scuttle it by this action because they were unable to take the initiative.

“We find this 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. It is time for us to come together to help Nigerians and it does not matter who is helping or paying.
“We stand ready to keep supporting and despite this petty action, we have decided to let the money remain in the CACOVID Account with the CBN pending when they are ready to utilize the funds for Nigerians to access the vaccines,” the statement reads.

1 billion Naira Afrexim Platform AstraZeneca COVID-19 Vaccine BUA Group CACOVID CBN Central Bank of Nigeria Coalition Against COVID-19 Coronavirus Federal Government
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleBREAKING: Nigerian Army Gets New Spokesman
Next Article Fani-Kayode reveals why he met with APC Chairman, Mala Buni, Gov Yahaya Bello
theeditor
  • Website

Related Posts

BREAKING: Traders Shut Lagos Int’l Trade Fair Complex Over Planned Govt Takeover

March 11, 2026

Rivers Assembly rejects four commissioners nominated by Fubara

March 9, 2026

Breaking: Protest hits northern Nigeria over k!lling of Ayatollah

March 2, 2026
Leave A Reply Cancel Reply

Demo
News

BREAKING: Governor Bala Mohammed Repotedly Fixes Date To Join APC

March 16, 2026 Politics

BREAKING: Traders Shut Lagos Int’l Trade Fair Complex Over Planned Govt Takeover

March 11, 2026 News

Rivers Assembly rejects four commissioners nominated by Fubara

March 9, 2026 Editor's Picks

Senator Yayi Sponsors 2000 Indigent Student’s WAEC Fee

March 5, 2026 Opinion

Breaking: Protest hits northern Nigeria over k!lling of Ayatollah

March 2, 2026 News

Ogun: I’m not in guber race to step down – Iyabo Obasanjo replies critics

March 1, 2026 News

INSECURITY: Zamfara State Adopts Colombia’s Strategic Model To Tackle Insurgency And Banditry

February 25, 2026 News

DSS to arraign El-Rufai on February 25

February 20, 2026 News
Don't Miss

Ibadan Elders Caution Olubadan, Move To End Rift With Makinde

By theeditorngrApril 18, 2026

The Balogun of Ibadanland, Oba Tajudeen Ajibola, has disclosed that Ibadan elders had intervened in…

North Carolina’s Lieutenant Governor Had Some MLK Day Thoughts on Race

January 25, 2020

Walmart raises starting hourly wage to $12 in 500 stores, as part of a test

January 25, 2020
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

About Us
At Theeditor NGR, we believe that journalism should inform, inspire, and empower. Founded with the vision of delivering accurate, timely, and engaging stories, we are committed to keeping our readers at the heart of every headline.
- Our Mission: To provide clear, fact-based reporting that cuts through the noise and helps our audience understand the world around them.
- Our Coverage: From breaking news and in-depth investigations to culture, technology, and lifestyle, we bring diverse perspectives to the stories that matter most.
- Our Values: Integrity, transparency, and community. We hold ourselves accountable to the highest standards of journalism while embracing innovation in digital storytelling.
- Our Promise: Whether local or global, we deliver news that is relevant, reliable, and accessible — because an informed society is a stronger society.

We're accepting new partnerships right now.

Email Us: info@theeditorngr.com
Contact: +2348132055844

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Ibadan Elders Caution Olubadan, Move To End Rift With Makinde

April 18, 2026

JAMB: How to check 2026 UTME results

April 18, 2026

Nafiu Bala Declares Mark-Led ADC Convention ‘Null and Void’

April 18, 2026
Most Popular

Ibadan Elders Caution Olubadan, Move To End Rift With Makinde

April 18, 2026

North Carolina’s Lieutenant Governor Had Some MLK Day Thoughts on Race

January 25, 2020

Walmart raises starting hourly wage to $12 in 500 stores, as part of a test

January 25, 2020
© 2026 TheeditorNGR
  • Homepage
  • News
  • Politics
  • Entertainment
  • Business & Economy
  • Opinion
  • About Us
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.