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.

Kishira     Mutawalle     Umar Bayo Abdulwahab     Iyabo Adisa Ibiyeye     Jimoh Akani     Olayinka Are     Hassan Taiye Salam     Alabi Lawal     Lithium Deposit     Park     Ibikunle Ogunleye     Roheemat Hammed     Local Government     Lateef Fagbemi     Oyedun Juliana Funke     Standard Organization Of Nigeria     Samuel Adedoyin     Muazam Nayaya     Jide Oyinloye     Gamji Members Association     Musa Abdullahi     Yusuf Abubakar     Senior Ibrahim Suleiman     Ilorin.Info     New Nigeria People’s Party     Abiodun Abdulkareem     Tunji Folami     Abioye Bello     Wahab Kunle Shittu     JMK Construction Company Limited     Abdulmumini Jawondo     Abdulmumini AbdulRazaq     Shaykh Luqman Jimoh     Gbugbu     Amuda Bembe     Marafan Shonga     Adesoye College     FERMA     Sulu Gambari     KW-GIS     Fola Consultant     Sebastine Obasi     Kwara State Governor     Gbadeyan Gbadura Yomi     Shuaibu Yaman     Wahab Isa     Oke-opin     Photo News     Tunji Oyawoye     NIPR     Elese Of Igbaja     Fatai Olodo     Saka Onimago     Abdulganiyu AbdulAzeez     Lafia Aliyu Korasabi     Aremu Bose Deborah     Gaa Olobi     IF-K     NURTW     ER-KANG Mining     Bolaji Nagode     Abdulkadir Remi Hawawu     Ayinke Saka     Yekini Adio     Elesie Of Esie     Mohammed Katsina Ahmed     Code Of Conduct Tribunal     Edret Sabi Abel     Igbomina     Tosin Saraki     Association Of Kwara State Online Media Practitioners     Firdaos Amasa     Freshvine Nigeria Limited     Oke-Ero     Oyawoye     KWASAA     Ayobami Akanbi    

Cloud Tag: What's trending

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

Toyin Saraki     Kayode Bankole     Ahmed Bolaji Nagode     General Hospital     Ope Saraki     Amuda Musbau     Yaman     Micheal Imoudu     Hydroelectric Power Producing Areas Development Commission     Bola Magaji     Sabitiyu Grillo     KWIRS     Abdulraheem Olesin     Ahmed Ayinla Jimoh     Garuba Alikinla Shittu     Roheemat Hammed     Salaudeen Oyewale     Cornelius Fawenu     Bureau Of Lands     Omar Gambari     Dunmade     Baba Isale     Mahmud Ayinla Giwa     Ishak Mohammed Sabi     Omoniyi Ayinla     Aminu Ado Bayero     Suleiman Ajadi     Innocent Okoye     Lucky Omoluwa     Amuda Bembe     Ridhwanullah Al-Ilory     Jimoh Saadudeen Muhammed     PAACO-PCL Consortium     Saduki Lafiagi     Wale Oladepo     Omupo     Alaiye     Yakubu Mohammed Abdullahi     Garba Ado Sanni     Rashidi Yekini     Abdulkareem Alabi     Muhammed Abdullahi     Folorunsho Erubu     Gafaru Olayiwola Olorisade     Pius Abioje     Taofeeq Olateju     Ilorin Emirate Staff Association     Ayobami Akanbi     Kola Bukoye     ASMAU PLAZA     Amusa Bello     Oloriegbe     Emir Of Lafiagi     Kwara Poly     Tinubu Legacy Forum     Arinola Lawal     AIT Ilorin     Dele Belgore     Aisha Gobir     IHS     Olomu     Dankaka     Ayinke Saka     All Confederation Of Principals Of Secondary Schools     Abdulkarim Adisa     Rasaq Jimoh     Kunle Suleiman     Mohammed Yahaya Barki     Seun Bolaji     NYSC     Saka Onimago     Hijab     Aisha Abodunrin Ibrahim     Ajayi Okasanmi     Adedipe     Kwara State Fire Service     Mogaji Aare