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."




Cloud Tag: What's trending

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

Al-Ilory     Umar Ahmed Gunu     Ajase-Ipo     Abdulazeez Arowona     Maja     Isapa     Atunwa     Saidu Kawu     Na'Allah     Saka Saadu     Funke Adedoyin     Segun Olawoyin     Kwara State Coalition Of Business And Professional Associations     Salary     Oke-opin     Abdulkadir Remi Hawawu     Lafiagi     Haruna Tambiri Mohammed     Mohammed Abdulahi     Nurudeen Mohammed     SUBEB     Mufutau Olatinwo     Akeem Lawal     Kwara Polytechnic     AbdulHamid Adi     Abdul-Rasheed Na 'Allah     Alabi Lawal     George Innih     Onilu     Minister     Unilorin     John Dara     Jebba     Kwara Restoration Project     Segun Abifarin     Saraki     Amuda Aluko     Oba Sulaiman Asude     Abdulrahman Iliasu     Oniye     Florence Saraki     Bolakale Ayo     Kunle Okeowo     Taofeek Sanusi     Medview Airlines     Abdulrazak Shehu Akorede     Ilorin South     Yoruba     Oba Abdulkadir La'aro     Veterinary Teaching Hospital     Babatunde Ajeigbe     Computer Based Test     Oye Tinuoye     Abdullahi Imam Abdullahi     Arca Santa     Ishaq Oloyede     Apaola     Quareeb Islamic Association     Christopher Odetunde     Ahmed     College Of Education     Ijagbo Health Centre     Yusuf Amuda Gobir     SGBN     CCB     Alaiye     Makama     Afolayan     Awodun     Muhammadu Buhari     Abdulrasheed Na'Allah     Hijab     Dairo Kunle Paul     Kayode Ibrahim     Adesoye     Zaratu Umar     Alimi Abdulrazaq