COVID-19: Nigerian drug stores hike hydroxychloroquine price to over N50,000

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COVID-19: Nigerian drug stores hike hydroxychloroquine price to over N50,000
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The Federal Competition & Consumer Protection Commission says it is investigating the matter.

Hydroxychloroquine, the controversial drug used in the treatment of COVID-19, is being sold in one drug store in Rivers State, South-South Nigeria, at an outrageous price of N50,000.

The drug, as shown in the photo, is Zentiva brand, with 60 tablets in a pack. The store selling it is Ebus Pharmacy Ltd, at Eastern bypass, Port Harcourt, Rivers State.Ebus Pharmacy said the retail price of the hydroxychloroquine was dependent on how much money they used in importing it. He said people were free to buy at other drug stores if they felt Ebus Pharmacy was selling their products at exorbitant prices.“Those things do not hold water,” he responded. “What we are saying now is: do you have it? How much is the price? Bring it.”

PREMIUM TIMES’ checks at three other drug stores in Port Harcourt showed that they were also selling hydroxychloroquine at about the same amount with Ebus Pharmacy.Some other stores in the city were selling between N15,000 and N18,000, another brand of hydroxychloroquine which contains 20 tablets in a pack, unlike the brand at Ebus Pharmacy which has 60 tablets.

The manager of Ebus Pharmacy was said to have declined to give information to operatives on the sales of hydroxychloroquine in the store.Mr Irukera said his agency has also received information about a location where hydroxychloroquine was being sold at N75,000 in Victoria Island, Lagos. The video, which many people believed was done to promote the U.S President Donald Trump’s political ambition, prompted a global discourse especially among medical experts on hydroxychloroquine, but it was quickly taken down by Facebook and Twitter on grounds that it was promoting unproven medical claims.

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