Nigeria To Pay N78.2 Million For Madagascar’s COVID-19 Herbal Cure

Reports reaching us indicates that Madagascar has billed the Federal Government of Nigeria to pay 170,000 Euros equivalent to 78,200,000 Naira as payment for the herbal COVID-19 drug sent to the country.

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An invoice was sent along with the consignment which was delivered by Guinea Bissau President Umaro Sissoco Embalo, according to reports from The Nation.

Unlike the general speculation that the drugs were given to Nigeria for Free, The Nation reported otherwise.

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“For our consignments in Guinea Bissau, Madagascar has asked Nigeria to pay over €170,000. We have received the invoice because the African country has made us to realise that the drugs are not being given out free.

“We are being asked to pay for the drugs yet to be validated. Since the AU directed the supply of the drugs to African countries, we may have no choice than to pay for it.

This payment may, however, be one-off because mass importation of the drugs from Madagascar will not be cost effective. By the time we take into account the cost of freight, the amount will be too high.” the report said.

SOURCE: AfricaCelebrities.Com