BUA REPLIES CACOVID – Don’t Play Politics With Nigerian Lives [EVIDENCE OF PAYMENT ATTACHED]

BUA REPLIES CACOVID – Don’t Play Politics With Nigerian Lives [EVIDENCE OF PAYMENT ATTACHED]—BUA receives with utter shock, reports allegedly attributed to CACOVID, disowning its earlier payment through CACOVID for 1 million AstraZeneca doses for Nigeria via the AFREXIM vaccine platform.

At the cacovid steering committee meeting held today February 8, 2021 (of which BUA is a member), members were informed by the CBN Governor that CACOVID had been given the opportunity through the Afrexim Platform to access and pay for 1million doses, provided payment was made today or tomorrow – failure which the opportunity to get those doses next week may be lost.

After extensive deliberations, there was no agreement reached and despite members being offered the opportunity to donate funds towards procuring the doses, none offered. BUA then took it upon itself to offer to pay for the 1million doses at the agreed rate of US$3.45 per dose totaling US$3.45million which translates to 1.311billion Naira.

The Chairman of BUA also requested through the CBN governor that the Naira equivalent be paid to the relevant account with CBN, and that CBN forward the dollar payment to Afrexim on CACOVID’s behalf.

This payment was made immediately after the meeting and BUA transferred the money to the CBN (see payment confirmation attached) in order to meet the deadline. However, with this development by the CACOVID operations committee, we now have just cause to believe that some members of CACOVID were not happy that BUA took this initiative in the interest of Nigeria and to ensure that the deadline was met to receive the 1 million doses of the vaccine next week.

BUA did this gesture in good faith as it has done with its interventions throughout the pandemic.

We will however like to state clearly that we are aware that a prominent member of CACOVID is not happy that BUA took the initiative to pay for the vaccines – fulfilling our pledge just as we said during the meeting. Now they want to scuttle it by this action because they were unable to take the initiative.

We find this release by CACOVID to be very petty and unbecoming of seemingly serious corporate citizens because it is tantamount to playing politics with the lives of Nigerians. This is no time for politics. It is time for us to come together to help Nigerians and it does not matter who is helping or paying.

We stand ready to keep supporting and despite this petty action, we have decided to let the money remain in the CACOVID Account with the CBN pending when they are ready to utilize the funds for Nigerians to access the vaccines.

Signed: BUA GROUP

Report Header
Application:			Alliance Message Management
Report type:			Instance Search – Detailed Report
Operator:			SN024658
Alliance Server Instance:			SAA Prod
Date – Time:			2021/02/08 18:27:14
Report Content
	Reprint From MFA-0000-000000
				Possible Duplicate Delivery
	Network:			APPLI
	Session Holder:			MT103
	Session:			3140
	Sequence:			000002
	Delivery Status:			Network Ack
	Instance Type and Transmission
	Original Priority/Delivery :	Normal
	Message Header
	Swift Input:	FIN 103 Single Customer Credt Transfer
	Sender :	FBNINGLAXXX FIRST BANK OF NIGERIA LTD LAGOS			NG
	Receiver :	CBNINGLAXXX CENTRAL BANK OF NIGERIA LAGOS NG
	FIN Copy Service :	NGR
	UETR :	b4643cc2-8516-4142-98d8-82cbeea617f9
	Message Text

F20: Sender’s Reference

FBNRTG10448422

F23B: Bank Operation Code

CRED

F23E: Instruction Code

Instruction Code:         SDVA

F26T: Transaction Type Code

001

F32A: Value Date/Currency/Interbank Settled Amount

         Date:         210208         2021 Feb 08

         Currency:         NGN         NAIRA

         Amount:         311000000,00         #311000000,00#

F50K: Ordering Customer – Account – Name and Address           Account:

/2001*****4

Name and Address:         BUA INTERNATIONAL LTD

F53A: Sender’s Correspondent – Party Identifier – Identifier Code           Party Identifier:

/D/3000024749           Identifier Code:

FBNINGLA

FIRST BANK OF NIGERIA LTD

 

LAGOS NG

F57A: Account With Institution – Party Identifier – Identifier Code           Party Identifier:

Page 1 of         2

/D/NGN149250001           Identifier Code:

CBNINGLA

CENTRAL BANK OF NIGERIA

 

LAGOS NG

F59: Beneficiary Customer – Account – Name and Address           Account:

/1000*****0

Name and Address:         COVID19 RELIEF FUND ACCOUNT

F71A: Details of Charges

OUR

F72: Sender to Receiver Information

Line1: Line 1

Code:         /CODTYPTR/

Narrative:         001

Lines2to6: Lines 2-6

Lines2to6: Lines 2-6:         Code – Narrative

Code:         /BNF/

Narrative2: Narrative:         BUA INTERNATIONAL LT

Report Footer

Number of Entities:                                      1

End of report       Page 2 of   2

eport Header
Application:			Alliance Message Management
Report type:			Instance Search – Detailed Report
Operator:			SN024658
Alliance Server Instance:			SAA Prod
Date – Time:			2021/02/08 18:26:33
Report Content
	Reprint From MFA-0000-000000
				Possible Duplicate Delivery
	Network:			APPLI
	Session Holder:			MT103
	Session:			3140
	Sequence:			000001
	Delivery Status:			Network Ack
	Instance Type and Transmission
	Original Priority/Delivery :	Normal
	Message Header
	Swift Input:	FIN 103 Single Customer Credt Transfer
	Sender :	FBNINGLAXXX FIRST BANK OF NIGERIA LTD LAGOS			NG
	Receiver :	CBNINGLAXXX CENTRAL BANK OF NIGERIA LAGOS NG
	FIN Copy Service :	NGR
	UETR :	b3f8dace-8dda-4d9a-ba18-a17b70b4b0a0
	Message Text

F20: Sender’s Reference

FBNRTG10448420

F23B: Bank Operation Code

CRED

F23E: Instruction Code

Instruction Code:         SDVA

F26T: Transaction Type Code

001

F32A: Value Date/Currency/Interbank Settled Amount

Date:         210208         2021 Feb 08

         Currency:         NGN         NAIRA

         Amount:         1000000000,00         #1000000000,00#

F50K: Ordering Customer – Account – Name and Address           Account:

/2001*****4

Name and Address:         BUA INTERNATIONAL LTD

F53A: Sender’s Correspondent – Party Identifier – Identifier Code           Party Identifier:

/D/3000024749           Identifier Code:

FBNINGLA

FIRST BANK OF NIGERIA LTD

 

LAGOS NG

F57A: Account With Institution – Party Identifier – Identifier Code           Party Identifier:

Page 1 of         2

/D/NGN149250001           Identifier Code:

CBNINGLA

CENTRAL BANK OF NIGERIA

 

LAGOS NG

F59: Beneficiary Customer – Account – Name and Address           Account:

/1000*****0

Name and Address:         COVID19 RELIEF FUND ACCOUNT

F71A: Details of Charges

OUR

F72: Sender to Receiver Information

Line1: Line 1

Code:         /CODTYPTR/

Narrative:         001

Lines2to6: Lines 2-6

Lines2to6: Lines 2-6:         Code – Narrative

Code:         /BNF/

Narrative2: Narrative:         BUA INTERNATIONAL LT

Report Footer

Number of Entities:                                      1

End of report       Page 2 of   2