Only 25% of medicines used in Nigeria are manufactured locally - Pharmacists

Date: 2018-04-16

NIGERIAN industrial Pharmacists weekend, decried absence of medicine security in the country, saying "only 25 percent of the total medicines used in the country are indigenously manufactured despite government policy that 70 per cent of medicines should be manufactured in the country.

Announcing its forthcoming 21st Annual National Conference billed to hold in Kwara, 17th April through 20th April, 2018, the industrial pharmacists under the auspices of Association of Industrial Pharmacists of Nigeria, NAIP, urged government to enact policies that would guarantee medicines security.

Speaking, the National chairman, Pharm. Ignatius Anukwu who described the environment in which they practice as 'strangulating' said water was the only local content that goes into medicines produced in Nigeria while other materials are imported.

Anukwu who noted that Nigeria depends largely on imported medicines for about 80 per cent of medicinal needs, declared that government has failed to give adequate protection to indigenous pharmaceutical companies.

He said: "The government has not given the industry reasonable patronage over the years. Where they did, the companies have been owed for months, or even years. As we speak, some of the companies have been owed for five years for supplies made to government.

"Notwithstanding, Nigeria Pharmaceutical industry has a potential market value of between U$800 million and more than U$2billion annually."

Source

 

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ajeigbe     Ahmed Bayero     High Court     Kwara Coalition Of Business And Professional Associations     Alikinla     Olugbense     Rafiu Ibrahim     Surajudeen Akanbi     Amos Sayo     Ilorin West/Asa Federal Constituency     GRA     Akeem Olatunji     Amina Susa'a De Ahmed     Buhari     Arandun     Bureau Of Lands     Saliu Alamoyo     Isau     Lawyers Unite Against Corruption     Abdulfatah Ahmed     Adamu Atta     Veterinary Teaching Hospital     Valsolar-Kwara Company Limited     Goodluck Jonathan     Abikan     Kazeem Adekanye     Valsolar     Abdulkadir Remi Hawawu     NURTW     Patigi Regatta     Ezekiel Yissa Benjamin     Lukman Adeloyin     Abegunde Goke     Oju Ekun Sarumi     Idris Garuba     Oye Tinuoye     Jimoh Olusola Imam     Local Government Pension Board     Kwara Hotel     Yoruba     Jaigbade Alao     Ahmad Lawan     Adamu Attah     Opobiyi     Ekiti     Tunde Saad     Sa'ad Alanamu     Manzuma     Yusuf Abdulwahab     Odogun Olushola Gabriel     Eleyele     Odo-Owa     Ibrahim Bio     Sabi     Ilofa     Abdulraufu Mustapha     Valsolar Consortium     Yekeen Alabi     Reuben Paraje     Agbarigidoma     Kola Bukoye     Oja-Oba     Onilorin Of Ilorin     Abdulraheem Olesin     Bahago     Biliaminu Aliu     Taofik Abdulkareem Babaita     Bamikole Omishore     Haliru Dantoro     Muhammadu Buhari     Ramat Oganija     Mohammed Yahaya Barki     Medview Airlines     Rex Olawoye     Laduba     Ojo Fadumila     Saka Abimbola Isau