The Pharmaceutical Manufacturers Group of Manufacturers Association of Nigeria, PMG-MAN, Association of Community Pharmacists in Nigeria, ACPN, and Association of Medical Laboratory Scientists, AMLSN, have expressed displeasure over delayed implementation of the Executive Order signed recently by President Bola Tinubu on pharmaceutiacls and...
•Maintain non-implementation hampering coys placing order on importation of raw materials, others •Say unless naira value was fixed, local drug manufacturing a mirageThe Pharmaceutical Manufacturers Group of Manufacturers Association of Nigeria, PMG-MAN, Association of Community Pharmacists in Nigeria, ACPN, and Association of Medical Laboratory Scientists, AMLSN, have expressed displeasure over delayed implementation of the Executive Order signed recently by President Bola Tinubu on...
Addressing journalists yesterday in Lagos on the forthcoming 7th Edition of Nigeria Pharma Manufacturers Expo, NPME, billed for September, PMG-MAN said it was not enough to make an executive order without a timeline, noting that “delays could lead to drug shortages.” ”If we keep delaying the things that companies should have placed order for, there will be scarcity. And if the implementation doesn’t start immediately, we’ll have a situation where you do not know where we’re going.
”Many companies will not be able to cope. So fixing our exchange rate is going to be the one single thing that will immediately reset where we are.” “The Indian government has provided financial and technical assistance to local manufacturers, and has even intervened to secure technology from other countries,” Ajah said.
“If you remember when the minister of social welfare released that order, there are things to be done by the Attorney General of the Federation and those things take a little while. I will just urge Nigerians to be patient with the federal government. ”It is not good that in our country we have an open drug market. That is a system that encourages hoarding and price hikes,” Oladigbolu added.
He said government could prioritise those who import medicines and give them special concessions of forex, rather than subject them to market-driven forex. “We expect that in no time from now, FEC, particularly the Coordinating Minister for Health, will work with the President to clarify when the order will kick in and other modalities and supportive framework for full implementation.
“It may be necessary that before the full operationalisation of the order, there might be need for some exemptions.”
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