Besides hydroxychloroquine, the prices of other drugs used in COVID-19 treatment were hiked at the margins between 66 per cent and 89 per cent, the government said.
one drug store in Port Harcourt, Rivers state, Ebus Pharmacy Limited, was selling hydroxychloroquine at an exorbitant price of N50,000.
It was sold at about N3,000 as of March in Nigeria during the outbreak of the novel Coronavirus, PREMIUM TIMES learnt. Federal Competition & Consumer Protection Commission said in a press statement on Tuesday, “Between 10.00AM and 6.00PM today, the Commission conducted simultaneous on-site investigations on Ebus and Avis Pharmacy, both in Port Harcourt; multiple locations of HealthPlus Limited in Lagos and Abuja, Tonia Pharmacy, H-Medix and New Health pharmacies, all in Abuja.
The FCCPC said putting “unreasonable, unjust, and irrational” prices on products is a criminal offence in Nigeria under a federal law which protects consumers.
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