PSN Kwara Commends Tinubu for Tax Waivers on Pharmaceutical Sector

Date: 2026-04-20

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.

Kwara State Polytechnic     Plat Technologies Limited     Muhammadu Buhari     Rebecca Bake     Oluwarotimi Boluwatife Adenike     Bello John Olanrewaju     Joseph Yemi Ajayi     V.O. Abioye     Adesoye     Saliu Ajibola Ajia     Umar Adelodun     Muhammed Danjuma     Amule Elementary School     CCB     African Democratic Congress     Gbadeyan Gbadura Yomi     COEASU     Bayo Ojo     Bola Iyabo Ibiyeye Adisa     Kwara State Pension Board     Ibrahim Abduquadri Abikan     KWSUED     Elerin Of Erin-Ile     Sobi FM     Tsaragi/Share     Abdullahi Dasilva Yussuf     Kanu Agabi     Dankaka     Leke Ogungbe     Simeon Sule Ajibola     Ayotunde Emmanuel Alao     Kwara State Internal Revenue Service     Atunwa     Forgo Battery     Lawal Olohungbebe     Balogun Fulani     Ileloke     Ilorin Durbar     Kwara Consultative Forum     Oniwa     Yusuf A. Usman     SSUCOEN     Hamid Bobboyi     Mohammed Jimoh Faworaja     Elerin Of Adanla Irese     Katibi Ibraheem Adeola     Galland Marcias     Fatima Abolore Jimoh     Ndakene     Wahab Femi Agbaje     Majlis For Sadaqah, Zakat And Waqf     Henry Olaosebikan     Muftau Akanbi Oke     Labour Party     Osinbajo     Jawondo     Abdulrahman Abdulrazak     Mubarak Oladosu     Ogidi-Oloje     Ojo Isekuse     Tunji Folami     Apaokagi     Gbajabiamila     Igosun     Wahab Abayawo     Zulkifli Ibraheem     CELF     Ayedun     Yahaya Dumoye     TETFUND     Idris Amosa Saidu     Mustapha Olanipekun     Abdulganiyu Salahudeen     Iponrin     Suleman Abubakar     Akom Construction And Engineering Synergy Ltd     Kuliyan Geri    

Cloud Tag: What's trending

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

Wakilin Mata Lafiagi     Gbajabiamila     Ileloke     Ilorin Innovation Hub     Olaiya Zuberu     ITEM 7     Dele Momodu     Okin Biscuit     Marafan Shonga     Lola Ashiru     GANZY     Oluranti Idowu     LABTOP     Geri-Alimi Split Diamond Interchange     Ministry Of Women Affairs And Social Development     Amuda Bembe     SSA Youth     Lawal Arinola Kudirat     Musa Yeketi     School Of Nursing     Saliu Mustapha     Yunus Lawal     Jide Oyinloye     Soffiyyallah Kamaldeen     Aminat Ahmed     Oko-Erin     Abubakar Baba Sulaiman     Abubakar Bature Sulu-Gambari     Facemasks     Solomon Edoja     Abubakar Olusola Saraki     Olokoba Sulyman     Lanre Badmas     Muhammed Abdullahi     Baruba     Sarakite     Sobi FM     BECE     Kwara Consultative Forum     General Tunde Idiagbon International Airport Ilorin     Abdulrahman Abdulrazak     COEASU     Dar-Al-Handasah Consultants     Kale Ayo     Mahmud Durosinlohun Atiku     Neo Mundo Ltd     Binta Sulyman     Lai Gobir     Shuaib Jawondo     Idris Amosa Oladipo Saidu     Bayer AG     Tricycle Owners Association Of Nigeria     Kayode Yusuf     CBT     Mohammed Danjuma     Durbar Festival     Yahya Mohammed     Jumoke Gafar     Gwanara     Ayo Salami     Ilorin Emirate Stakeholders Forum     Gabriel Fashanu     Senior Special Assistant On Student Affairs     Garment Factory     Hauwa Nuru     Hassan Abdulazeez Elewu     Paul Odama     Ayo Opadokun     Magaji Nda     Babaloja-General     Abdullahi Biffo     Jelili Yusuf     S.O. Opowoye     Y.A. Abdulkareem     Christian Association Of Nigeria     Chief Of Staff     Akanbi-Oke