Go To Desktop Site
Custom Search

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


Recent Posts

Saraki's dynasty became weak in 2011 - Issa-Onilu

Opinion: How Saraki escaped 10 year ban, forfeiture of assets.By Yusuph Olaniyonu

Hand over Structure to rAPC, Face Mass Defection, Kwara PDP Tells NWC

Kwara Sets Up Task Force On Tree Felling, Charcoal Production

Kwara dynasty not a threat to my gov’ship ambition - Yaman

Moji Makanjuola bags traditional title of Jakadiyan Lafiya of Uke in Nasarawa

Opinion : DR. ALI AHMAD: THE SPEAKING SPEAKER OF THE KWARA STATE HOUSE OF ASSEMBLY

Owoseni: My Desire is to Rescue Osun from Foreigners

We have lost confidence in your govt, Onaiyekan tells Buhari

Premium Times Challenges, Kemi Adeosun to Go to Court

NHIS boss tasks HMOs on proper treatment of enrollees

Offa Poly suspends SUG VP, other over cultism

Tomato sellers blame lack of irrigation, others, for price increase in Kwara


Most Popular

2019: It's our turn to produce next Gov - Kwara North APC Elders

Where does Ilorin really belong? ... As Ilorin elders brainstorm

Time will tell on my position in APC, says Saraki

OFFA ROBBERY: MATTERS ARISING

All Nigerian politicians sponsor thugs - Olofa of Offa

Muslim group faults CAN over Kwara mayhem

OPINION: The Challenge of Insecurity in Ilorin Emirate and the Role of the Community in Finding a Solution. By Abdullahi Imam Abdullahi

How Ilorin NBA election was won, lost

Who Prof. Sunday Otokiti is to me - Muritala Awodun

Why I want to establish university in my community - Ahman Patigi

Photo News The Sarakis' Wedding in Ilorin

Plat Tech, Iqra Books take Book Reading Promotion to Rural Areas

Yusuf Ali: A Lawyer with a Large Heart