PSN Kwara Commends Tinubu for Tax Waivers on Pharmaceutical Sector
The Chairman of the Pharmaceutical Society of Nigeria (PSN), Kwara Chapter, Mr Abdulmalik Baba, has praised President Bola Tinubu for approving tax waivers for the sector.
Baba said during an interview with newsmen in Ilorin on Sunday that the policy would significantly reduce medicine costs nationwide and ease pressure on consumers.
He noted that the two-year tax relief for pharmaceutical firms would lower production and importation costs amid high foreign exchange rates.
"Importation of Active Pharmaceutical Ingredients is very expensive, and exchange rates have driven up drug costs. With this waiver, we expect a drastic price reduction," he said.
He described the policy as timely, saying it would improve access to essential medicines for Nigerians across the country.
Baba also commended Governor AbdulRahman AbdulRazaq for health sector reforms, particularly improved welfare for healthcare workers in the state.
"The governor ensured pharmacists in the civil service are paid in line with federal counterparts through the Consolidated Health Salary Structure.
"This move has boosted morale and helped retain skilled professionals despite rising emigration," he said.
He added that better remuneration had reduced the impact of the 'Japa' trend within the sector. On inter-professional relations, Baba said pharmacists in Kwara enjoyed cordial relationships with doctors, unlike tensions reported elsewhere.
"Our relationship with doctors in Kwara is smooth. We collaborate on programmes and support one another professionally," he said.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Ahmad Ali Sidikat Uthman Ajibola Transition Implementation Committee Suwa-Arabs Nigeria Association Of Women Journalists Ibrahim Abiodun NULGE AbdulRazaq Jiddah Funmi Salau Sidikat Akaje National Party Of Nigeria Association Of Kwara State Online Media Practitioners Owu Fall Mufutau Gbadamosi Esuwoye Jani Ibrahim Abdulwaheed Musa Sarafadeen Kayode Akorede Tuesday Assayomo Femi Agbaje Olatunji Ayeni Undergraduate Bursary Gbenga Awoyale Agor Forgo Battery Oja-Oba Ibrahim Taiwo Ijakadi Alabere Majlis For Sadaqah, Zakat And Waqf Oro Grammar School Stephen Fasakin Saheed Popoola Oladimeji Thompson Sarah Alade Emir Of Lafiagi Micheal Imoudu Mopelola Abdulmaliq-Bashir Abdulraheem Yusuf Quareeb Islamic Association Ishola Abdullahi Wasiu Onidugbe Ike Ekweremadu Babaita Offorjama Aliyu Adebayo Aishatu Ahmed Gobir Isiaka Yusuf Mamatu Abdullahi Borgu Jimoh Saadudeen Muhammed Fatai Garuba Labaka Muhammad Mustapha Suleiman Wakilin Mata Lafiagi GGDSS Pakata Jimoh Bashir Oyelere Oyinloye Suleiman Yahya Alapansapa Tunji Ajanaku Adam Abdullahi Al-Ilory Centre For Digital Economy Sambo Murtala International Vocational Centre Omar Bolaji Gambari Yahaya Muhammad Olupako Abubakar Kawu Baraje Al-Adaby SSA Youth Ibraheem Adeola Katibi Abdulkareem Alabi Aliyu Kora Sabi Bolaji Gambari Saliu Oluwole Ilorin Firdaos Amasa 20 Billion Bond Kwara State Geographic Information Service

