Ogun State Government is expected to get a support from African Export-Import Bank (Afreximbank), a pan-African multilateral trade finance institution of infrastructural facilities worth $200 million to complete its hospital project, initiate vaccine production, among other developmental projects in the state.
This was made public in a statement issued by the chief press secretary to Governor Dapo Abiodun of Ogun State, Kunle Somonrin, on Wednesday.
The President and Chairman of the Board of Directors of the financial institution, Benedict Oramah, spoke to Somorin while leading his team on a courtesy visit to the governor in Abeokuta, the state capital, on Monday.
The statement quoted Mr Oramah as saying that the bank would partner the state in ensuring that the 250-bed specialist hospital, in Abeokuta, is completed and begins operations soon.
He added that the bank also pledged its readiness to collaborate with the state-owned Gateway Pharmaceuticals to develop vaccines and other drugs as it has invested largely in Africa’s health sector.
“We are willing to dedicate an envelope of $200 million for projects and initiatives here in Ogun State; we will also be happy to see the hospital project.
“We will be very pleased to look at this asset and see how we can partner with your government. I assure you that we will consider Gateway Pharmaceuticals in our plans to invest in the health sector,” Mr Oramah was quoted to have said.
