The Central Bank of Nigeria, CBN, has awarded N253.54 million grants to five researchers in support of research and development in Nigeria’s health sector.
The fund, according to the apex bank in a statement on Wednesday, was disbursed under its Healthcare Sector Research and Development Intervention Scheme (HSRDIS).
It said the HSRDIS Body of Experts (BoE) evaluated 68 proposals out of 286 submissions made by researchers across the country.
The CBN Governor, Mr. Godwin Emefiele, urged corporate institutions to support research and development for the overall good of Nigeria.
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Emefiele, Secretary to the Government of the Federation, Boss Mustapha; and Minister of State (Health), Dr. Olorunnimbe Mamora drum support for R & D in Nigeria’s health sector.
Emefiele restated the bank’s commitment to supporting the growth of Nigeria’s health sector and assured researchers of more grants based on recommendation of HSRDIS Body of Experts (BoE).
