CBN disburses N85bn as credit support to 80 health projects, says Director

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By Kadiri Abdulrahman

The CBN says it has disbursed over N85 billion to no fewer than 80 projects, under its Healthcare Credit Support scheme, the bank’s Director of Development Finance, Mr Yila Yusuf, has announced

In an interview with News Agency of Nigeria (NAN) on Wednesday, in Abuja, Yusuf said that the projects cut across medical, pharmaceutical, herbal and other related products, and a funeral home.

He spoke against the backdrop of the apex bank’s award of N253.54 million Healthcare Sector Research and Development Intervention Scheme (HSRDIS) grants to five researchers on Tuesday.

“In the healthcare credit support scheme, we have disbursed over N85 billion to more than 80 projects, mainly to reposition and enhance capacity of hospitals and pharmaceutical companies. We even financed a funeral home,’’ he said.

He said under the HSRDIS,  an empanelled body of experts, chaired by Prof. Mojisola Adeyeye, Director General of National Agency for Food and Drug…



Source: News Agency of Nigeria