Okonjo-Iweala claims that Nigeria must improve its ability to produce vaccines
According to the World Trade Organization (WTO), in order to produce vaccines, Nigeria and Africa must improve their manufacturing capabilities.
As a follow-up to the 12th WTO ministerial meeting that took place in Geneva, Switzerland, Ngozi Okonjo-Iweala, director-general of the World Commerce Organization (WTO), said this on Tuesday while visiting the ministry of industry, trade, and investment in Abuja.
Okonjo-Iweala argued that the fact that 95% of pharmaceuticals and 99% of vaccinations in Africa are imported is not good.
She went on to say that affected nations should be made aware of the limits placed on vaccines traveling to developing countries by industrialized nations.
Okonjo-Iweala added that the TRIPS agreement had provided provisions for any nation with the ability to circumvent patent restrictions and produce the COVID-19 vaccine, pushing Nigeria to take advantage of the chance.
“We ought to be able to produce our own vaccines. We’re also considering expanding it to cover diagnosis and therapy, she added.