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.

Simeon Ajibola     KSIRS     Akeem Olatunji     Oro Grammar School     ER-KANG Mining Nigeria Company Limited     Rice Farmers Association Of Nigeria     Jeunkunu-Malete-Bani     Jumoke F. Ajao     Toyin Saraki     Rotimi Samuel Olujide     Kumbi Titilope     George Innih     Nurudeen Muhammed     Harrison Osauwagboe     CUTI     Kwarareports     Emir Of Ilorin     Kale Ayo     Ilorin Innovation Hub     Ganiyu Abolarin     Trader Moni     Mary Kemi Adeosun     Muhammad Fawaz Abubakar     Umar Sanda Yusuf     Dunmade     Road Transport Employers Association Of Nigeria     National Democratic Congress     Adedeji Onimago     Okin High School     SAPZ Project     Sulu Babaita Isiaka     Oko Erin     Ilesha-Baruba     Ibikunle Ogunleye     Saraki     Adijat Adebiyi     Toyin Falola     Muslim Stakeholders Of Kwara State     Baba-Isale     Nigeria Governors\' Forum     Bello John Olanrewaju     Alabi Olayemi Abdulrazak     Ekweremadu     Saliu Ajibola Ajia     Opaleke Bukola Iyabo     Laduba     Shehu Alimi Foundation For Peace And Development     AbdulHamid Adi     Eleyele     Abdulkadri Ahmad Alaiye     Ethical College     NITDA     Ilorin Descendants Progressive Union     Balogun-Ojomu     Tsaragi-Share     Sardauna Of Ilorin     Quarry Royal Valley     Kwara State Council Of Chiefs     Mohammed Jimoh Faworaja     Olusola Saraki     Sheikh Ridhwanullah El-ilory     Ghali Muhammed     Jamiu Oyawoye     Rafiu Olasile     Sunset Workers     UNIFEMGA     General Hospital     International Vocational Centre     Alliance For Democracy     Ilorin Anchor Men And Women     Olabimpe Olani     Kayode Oyin-Zubair     Fatai Garuba Labaka     Justina Oha     Nigerian Correctional Service     Abdulmajeed Abdullahi     Idris Amosa Oladipo Saidu    

Cloud Tag: What's trending

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

Gbugbu International Market     Mahe Abdulkadir     Olatinwo     Sabitiyu Grillo     Oluranti Idowu     Yusuf Lanre Badmus     Oke Sunna     Musa Abdullahi     Salman Alada     Chief Imam Of Offa     Memunat Monsuma     Gobirawa     Esinniobiwa Quareeb     Kwara Polytechnic     Computer Based Test     Kwara North     Abdulmumin Yinka Ajia     Kwara State Polytechnic     Mahee Abdulkadir     Offa Poly     Sidikat Alaya     Ahmed Bayero     Ilota     IsDB     Muhammad-Mustapha Suleiman     National Pilot     Irepodun     Emmanuel Bello     James Kolo     Olaoye B. Felix     IPSAS     Muideen Olaniyi Alalade     Na\'Allah     Odo-Owa     Sun Qing Rong     Kumbi Titiloye     08001000100     Metro Park     Kwara State Television (KWTV)     Marafan Shonga     Budo Egba     Oluwarotimi Boluwatife Adenike     Yemi Sanni     Kwara State Television     AbdulRasaq Abdulmajeed Alaro     AGM Professional Services     Quran     Yusuf Babatunde Abdulwahab     Valsolar-Kwara Company Limited     Salmon Babatunde Salmon     Park     Monthly Sanitation Exercise     Ajibike Katibi     Yahaya Seriki     Valsolar Consultoria     Opolo Global Innovation Limited     Bello Oyebanji     Rashidi Yekini     Monthly Sanitation     Muhammed Danjuma     Igbomina     NIPR     Suleiman Alege Kuranga     Ilesha-Baruba     Ita-Nmo Market     Kayode Issa     Allocation     National Association Of Nigerian Students     Aliyu Kora-Sabi     NURTW     Modupe Oluwole     Babatunde Idiagbon     Ubandoma     Ibrahim Labaika     Bisi Oyeleke     Obasanjo     Umar Danladi Shero