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.

Daud Adeshola     Alloy Chukwuemeka     Monsurat Omotosho     Halimah Perogi     Oladimeji Thompson     QuickWin     Alfa Modibo Belgore     Kumbi Titiloye     KWSUED     Onilorin Of Ilorin     Jimoh Olusola Imam     Prince Bola Ajibola     Marufat Oladosu     Eghe Igbinehin     Sunday Popo-Ola     Bibire Ajape     Vasolar Consultoria     Haleeman Salman     Abdullahi G. Mohammad     Quran     Tafida     Isiaka AbdulRazaq     General Hospital, Ilorin     Kamoru Kadiri     Ilofa     Olatunde Oyeyiola     Saduki Lafiagi     Taofik Mustapha     AbdulRaheem Ahmad Shayi     Laolu Saraki     AbdulKareem Yusuf Danhawa     HAMFAT Clinic And Maternity     Ramadan     Geri-Alimi Split Diamond Interchange     Volunteers Of Ilorin Community And The Emirate     Abdulkadir Akanbi-Oke     Abioye Bello     Rabiu Kwankwaso     EndSARS     Kwara State Council Of Chiefs     IEDPU     Emir Of Yashikira     Aiyedun     IPSAS     Moshood Bakare     Abdulkarim Adisa     Firdaos Amasa     Ilorin     Razak Atunwa     Olajumoke Monsura Gafar     Fatai Adeniyi Garba     MalHub     Kola Bukoye     Olatomiwa Williams     Federal Neuro-Psychiatric Hospital     Femi Gbajabiamila     Yusuf Amuda Aluko     Simon Sayomi     Musa Alhassan Buge     Chief Imam Of Offa     NTA Ilorin     Kwara     Abubakar B.M     REO CAKES     Dan Iya     Emmanuel Bello     Ilorin Innovation Hub     United Nigeria Congress Party     Bolaji Aladie     University Road     Aisha Ahman-Pategi     Kwara Consultative Forum     AGM Professional Services     Bola Sagaya     Yoonus Lawal     Otuka     Alimi Abdulrazaq    

Cloud Tag: What's trending

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

Tunde Mukaila Mustapha     Farouk Salim     Yaman     Shehu Alimi Foundation For Peace And Development     Waziri Yakubu Gobir     Lawan     Roheemat Hammed     Bolaji Nagode     Fatai Olodo     Olofa Of Offa     Law School Scholarship     Olateju Lukman     Magaji Erubu     Usman Rifun     Mogaji Aare     Muhammed Abdullahi     Jide Oyinloye     Taofeek Ibraheem     Nigerian Correctional Service     Garba Ado Sanni     Bukola Ajikobi     Abubakar Baba     Adebayo Salami     Pategi     Arca Santa     AGM Professional Services     Adebayo Mohammed Kamaldeen     Obayomi Azeez     Olupako     Chemiroy Nigeria Limited     Monsurat Omotosho     IHS     Allocation     SWAN     Lanre Issa Onilu     Ophthalmological Society Of Nigeria     Ahmad Olanrewaju Belgore     Abdulhakeem Amao     Government House     Risikat Lawal     Sabitiyu Grillo     Aliyu Muhammad Saifudeen     Oloje     Ibrahim Akaje     Dan Masanin     Ayobami Seriki     Shettima     Ibraheem Adeola Katibi     Hydro-electric Power Producing Areas Development Commission     Abdulwahab Ololele     Kwara University Of Education     Suwa-Arabs     Abubakar B.M     Ibrahim Jawondo     Ahmad Ali     Sadiq Umar     Al-Adaby     Yunus Oniboki     Oyedepo     Offa Metropolitan Club     Ayekale     Tunde Saad     Taofik Abiodun Ahmed     Freshvine Nigeria Limited     Olaitan Buraimoh     Garuba Alikinla Shittu     Bayo Ajia     Aso-ofi     Abdulazeez Uthman     Umar Saro     John Dara     Kawu Baraje     Talaka Parapo     Shade Omoniyi     M.Y. Abdulrahaman     Baboko     Tunde Oyawoye