BUA reveals payment evidence for 1m vaccines, says CACOVID member envious

The acquisition of one million dose of AstraZeneca vaccine by BUA Group triggered controversy amongst corporate citizens, after the Coalition Against COVID-19, CACOVID, disowned (BUA) earlier claims on the purchase.

CACOVID had issued a rebuttal on BUA’s earlier claim on the purchase of vaccines for Nigerians, saying that no individual has the capacity to strike such deal.

However, BUA group has released details of what transpired at the CACOVID steering committee where the CBN governor, Godwin Emefiele announced that CACOVID had been given the opportunity through the Afrexim Platform to access and pay for 1million doses, provided payment was made today or tomorrow – failure which the opportunity to get those doses next week may be lost.

According to BUA, after extensive deliberations, there was no agreement reached and despite members being offered the opportunity to donate funds towards procuring the doses, but no one offered to.

“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 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.

BUA affirmed that the payment was made immediately after the meeting and transferred the money to the CBN in order to meet the deadline.

BUA said that the actions of the CACOVID team only meant 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.

Continuing, the statement from BUA reads:

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

“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.”

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