The Niger Delta Development Corporation has inaugurated the Governing Board of the NDDC Professorial Chair on Malaria Elimination and Phyto-medicine Research at the University of Port Harcourt (UNIPORT) Rivers State.
This was disclosed today by the Managing Director/ Chief Executive Officer of the NDDC, Mr. Nsima Ekere.
The endowment fund, which is worth N50 million, will help reduce cases of malaria through strategic control, curtailing breeding, transmission, as well as help reduce cost of treatment.
The fund will be redeemed in two instalments of N25 million per annum for an initial period of two years. Ekere said the corporation has already released the first tranche of N25 million for the Malaria Chair Research Program.
He said, “Considering the prevalence of the malaria in tropical Africa and particularly the Niger Delta region, the importance of this research fund cannot be over emphasised. A healthy Niger Delta will help the NDDC in its mandate and determination to build a wealthy region.”