Skip to content
July 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • COVID-19 PANDEMIC: VACCINE DISTRIBUTION SHOULD BE ACCESSIBLE TO ALL, NOT ON THE BASIS OF HIGHEST BIDDER – OSINBAJO
  • National News

COVID-19 PANDEMIC: VACCINE DISTRIBUTION SHOULD BE ACCESSIBLE TO ALL, NOT ON THE BASIS OF HIGHEST BIDDER – OSINBAJO

Admin September 5, 2020
mass literacy

Prof. Yemi Osinbajo

In order to effectively contain the spread of the Coronavirus disease across the globe, the deployment of the COVID-19 vaccine should be done in an equitable and affordable manner rather than on the basis of the highest bidder, according to Vice President Yemi Osinbajo.

The Vice President stated this on Friday at the virtual 2020 EURAFRICA Forum themed “Towards a realistic Euro-African partnership during and beyond the COVID-19 era”.

The EurAfrican Forum aims to foster stronger collaboration between Europe and Africa, and better promote a shared green and inclusive growth, among other objectives.

Speaking on the need for an equitable distribution of vaccines to contain the COVID-19 pandemic, Prof. Osinbajo said the first thing that comes to mind “is to ensure widespread and equitable access to a COVID-19 vaccine.”

According to him, “Europe should work closely with Africa to ensure that when a vaccine is finally deployed it should not be on the basis of the highest bidder but rather be made available at an affordable and in an accessible manner.

“This is a matter that should not be taken for granted. We saw during the height of the COVID-19 pandemic, in richer parts of the world, that orders for test kits and reagents by African countries were deemed too small and tended to be ignored.”

Further stressing the point in support of Africa and developing countries in general, the Vice President called on the European Union to support the initiatives aimed at promoting vaccine access to poorer countries.

He said “although Nigeria does not have the resources or means to pre-pay for a COVID-19 vaccine, we are fortunate to be a GAVI supported country and we urge the EU to lend support to GAVI’s effort to ensure equitable global access to COVID-19 vaccines under the COVAX initiative. This way, poorer countries and their citizens will get the vaccines that they need at the same time as the rest of the world.”

Emphasizing the need to review the state of partnership between Africa and Europe, the Vice President said the summit offered an opportunity for both continents to share perspectives on matters of mutual interest.

According to him, “A global crisis calls for global partnerships. If COVID-19 exists in any part of the world, it remains a significant threat to every part of the world.

“The partnership between Africa and the European Union is good platform for both sides to work together on economic recovery and rebuilding of health systems. It is also equally important that we become even stronger advocates for closer international cooperation to tackle the fall out of COVID-19.”

Osinbajo
COVID-19: Race for Vaccine

Prof. Osinbajo also spoke about Nigeria’s efforts in mitigating the impact of the COVID-19 pandemic on the economy, noting that Nigeria’s “priority is to ward off a deep recession.”

He said “we developed an Economic Sustainability Plan consisting of measures to support local businesses, retain and create jobs and to improve the circumstances of the most vulnerable.

“The Plan bolsters our health interventions and promotes the use labour-intensive methods in key areas like agriculture, light manufacturing, housing, and facilities management.”

The summit featured presentation from notable global leaders including the Secretary-General of the United Nations, Mr Antonio Guterres, the Prime Minister of Cape Verde, Mr Ulisses Correia Silva, among others speakers.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: COVAX GAVI Yemi Osinbajo

Post navigation

Previous Nigeria @60: FG calls for ideas on anniversary branding
Next Debt relief for Africa without commercial debt not sustainable – Osinbajo

Related Stories

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
Court sentences 2 Ansaru commanders to life imprisonment Federal High Court
  • National News

Court sentences 2 Ansaru commanders to life imprisonment

July 20, 2026
Reps Committee commences consideration of revised State Police establishment bill spokesman
  • National News

Reps Committee commences consideration of revised State Police establishment bill

July 20, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Fire destroys 17 shops in Lagos market
  • Metro News

Fire destroys 17 shops in Lagos market

July 21, 2026
World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings
  • Sports

World Cup: 10 African nations receive a base $100m from FIFA’s $15bn earnings

July 21, 2026
Mambilla fraud trial: EFCC should serve Agunloye with prosecution witness statement, court says
  • Crime and Justice

Mambilla fraud trial: EFCC should serve Agunloye with prosecution witness statement, court says

July 21, 2026
Olisa Agbakoba to chair GOCOP 2026 conference in Lagos
  • National News

Olisa Agbakoba to chair GOCOP 2026 conference in Lagos

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.