2020-06-06 | 06/06/2020The Central Bank of Nigeria (CBN) has introduced the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to strengthen the public healthcare system by providing grants for research and development (R&D) in drugs, vaccines, and diagnostics for infectious diseases. The scheme aims to boost domestic manufacturing and reduce costs, with a focus on COVID-19 and other communicable and non-communicable diseases. The Body of Experts (BoE) will review and evaluate submitted research proposals and recommend projects for funding, with a maximum grant of N50.0 million for research activities and N500.0 million for development/manufacturing activities.