• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Friday, March 6, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home News Global News

EU Strengthens Nigeria’s Health Sector Through Vaccine and Medicine Manufacturing  

February 15, 2025
in Global News, News
Reading Time: 3 mins read
0
Massimo De Luca
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

In a bid to enhance Nigeria’s capacity to manufacture vaccines, medicines, and other essential health products, the European Union Delegation to Nigeria and the Economic Community of West African States (ECOWAS) convened a private sector meeting in Lagos. The initiative aims to bolster Nigeria’s health workforce, particularly in research and technical training, to ensure long-term sustainability in the sector.  

Speaking at the event, Massimo De Luca, Head of Cooperation at the EU Delegation to Nigeria and ECOWAS, emphasized the EU’s commitment to forming sustainable partnerships that promote access to quality and affordable health products. He highlighted that these efforts complement the Nigerian government’s strategies through grants, technical assistance, and investment in local manufacturing.  

The EU’s intervention is structured around five key areas: skills development through education and training, advancements in research and technology—including artificial intelligence and nanotechnology—digitalization of supply chain processes, improved procurement and distribution of medical products, and enhanced trade investments and customs facilitation. These strategies aim to create a more resilient and efficient health manufacturing ecosystem.  

Through its initiative, TEI MAV+, the EU collaborates with African partners to address systemic barriers to local vaccine and medicine production. The EU has committed €18 million to MAV+, focusing on three core areas: skills development, resilient supply chains, and expanded access to finance and markets for locally produced goods. The EU will also strengthen research collaborations between Nigerian institutions and European research centers.  

Furthermore, the EU’s digitalization efforts in the supply chain include supporting bioequivalence and bioavailability facilities, adherence to good manufacturing practices, and implementing tracking systems for pharmaceutical products. Access to finance for health-related businesses is also a major priority, with the Human Development Accelerator (HDX) financing instrument facilitating loans and investments, particularly for private-sector manufacturers involved in the production of Active Pharmaceutical Ingredients (APIs).  

To ensure sustained impact, De Luca stated that the EU will maintain close coordination with its Member States and private sector stakeholders through bi-monthly Health Partners Meetings in Abuja. He also mentioned that new financing instruments, including equity investments, debt guarantees, and blended finance models, will be leveraged to encourage private-sector participation.  

The EU’s investments in Nigeria’s health sector span various domains, including MAV+ (€18m for job creation and skill development), €4.2m support for public health institutes, €12.5m for sexual and reproductive health rights (SRHR), and €5.5m through UNICEF for supply chain digitalization. Additionally, €40m has been allocated to SRHR programs via UNICEF/UNFPA, €20m for the Safe Birth Africa project, €2.9m for digital health initiatives, and a €14m European Investment Bank (EIB) loan to Emzor Pharmaceuticals. The HDX initiative also serves as a dedicated financing instrument aimed at bolstering private-sector engagement in health product manufacturing.  

By fostering these strategic partnerships and investments, the EU aims to position Nigeria as a hub for local vaccine and medicine production while ensuring sustainable development in the health sector.

Join Our Telegram Channel For Instant Notification

telegram banner
Tags: EUHealthVaccine and Medicine
Share197Tweet123Share34
Previous Post

Rise in Digital Lenders Raises Concerns Over Unethical Practices

Next Post

Trump Dismisses Reports of Elon Musk’s White House Influence, Calls Media Tactics Ineffective

Related Posts

El-Rufai and ICPC logo

El-Rufai’s Family Demands Immediate Release

by Victor Haruna
March 6, 2026
0

The family of former Kaduna State governor Nasir El-Rufai has called for his immediate and unconditional release from the custody...

United States congressman, Riley Moore.

Again, US Lawmaker Raises Alarm Over Attacks on Christians in Nigeria

by Victor Haruna
March 6, 2026
0

A member of the United States House of Representatives, Riley Moore, has expressed concern over reported attacks on Christians in...

Sowore and Wives Of Detained Military Officers

Alleged Coup: Sowore, Detained Military Officers’ Wives Protest

by Victor Haruna
March 6, 2026
0

Human rights activist Omoyele Sowore and the wives of detained Nigerian military officers staged a protest in Abuja on Friday,...

Tinubu makes new appointment

Tinubu Approves Posting Of 31 Career, 34 Non-career Ambassadors (Full List)

by Gracie
March 6, 2026
0

Tinubu Approves Posting Of 31 Career, 34 Non-career Ambassadors (Full List) President Bola Tinubu has approved the posting of 31...

Photo of President Bola Tinubu

Tinubu Approves Postings for 65 New Ambassadors

by Victor Haruna
March 6, 2026
0

President Bola Ahmed Tinubu has approved the official postings of 65 ambassadors to represent Nigeria across several countries and at...

Load More
Next Post
Trump and Elon Musk

Trump Dismisses Reports of Elon Musk's White House Influence, Calls Media Tactics Ineffective

Nigerian Senate house

House of Representatives Urges Public to Rely on Verified Information Amid Binance Bribery Allegation

Xi Jinping

Xi Jinping Celebrates AU Summit, Strengthens China-Africa Cooperation

Aviation Minister Festus Keyamo

Nigeria to Enhance Aviation Sector with Advanced Technology for Greater Efficiency and Safety

NNPCL

NNPCL Deductions for Road Infrastructure Tax Credit Scheme Raise Concerns

Bellingham Red card

Bellingham Denies Insulting Referee After Controversial Red Card Against Osasuna

SERAP and CBN

SERAP Urges CBN Governor to Withdraw Increase in ATM Transaction Fees

Omotola

Omotola Jalade-Ekeinde Reflects on Confidence After Surgery Scars

Photo of Elon Musk

Elon Musk’s xAI to Unveil Grok 3, Its Most Advanced AI Chatbot Yet

Timini

Timini Egbuson Calls for Greater Support from Nigerian Musicians for Nollywood

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
us to deport 79 nigerians

Full List: US To Deport 79 Nigerians

February 11, 2026
FG (TInubu) To Stop Salaries Of Unverified Workers

Tinubu Makes 12 New Appointments

February 11, 2026
Rihanna

Rihanna: Vibrant Star Elevating Nigerian Fashion Trends

1
Markets

European Markets Fall as French Government Crisis Deepens, Trump Fires Fed Governor

1
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
Credit

FG Approves ₦250bn Credit Facility for Small Farmers

March 6, 2026
El-Rufai and ICPC logo

El-Rufai’s Family Demands Immediate Release

March 6, 2026
United States congressman, Riley Moore.

Again, US Lawmaker Raises Alarm Over Attacks on Christians in Nigeria

March 6, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp