NewStats: 3,265,443 , 8,186,763 topics. Date: Sunday, 15 June 2025 at 01:23 AM 32w1w

Leaders in the pharmacy profession under the aegis of the Nigeria Academy of Pharmacy have raised the alarm that the few available medicines in the country are no longer affordable due to economic hardship.

The pharmacists expressed concern over the scarcity and persistent hike in the cost of essential medicines and urged the Federal Government to treat the availability of drugs as a security matter.

Stakeholders in the pharmaceutical sector have attributed the surge in drug prices to factors such as the devaluation of the national currency, unstable foreign exchange rates, reliance on imported active pharmaceutical ingredients, and heavy dependence on drug imports.

The senior pharmacists spoke at a press briefing in Lagos on Thursday ahead of the academy’s 10th anniversary and investiture of new fellows scheduled to be held on September 19 at the University of Lagos.

Vice President of NAPHARM, Ifeanyi Atueyi, said nine eminent pharmacists would be itted as fellows to the academy established in 2014, thereby bringing the total number of fellows to 133.

Atueyi said the investiture with the theme, “Healthcare Transformation & National Development,” would have the Executive Governor of Borno State, Prof Babagana Zulum, as the special guest of honour.

The pharmacist stated that healthcare was one of the most critical pillars of any society, serving as a foundation for individuals’ well-being and economic growth, hence the rationale for the theme of the investiture.

“When a nation invests in transforming its healthcare system, it invests in its people, the most important asset of a nation and, ultimately, its future,” he added.

On medicines availability and affordability in the country, the NAPHARM vice president said the academy was aware of the current difficulties encountered in the sourcing of medicines as required in the country.

Atueyi stated, “Medicines are not available as they used to be, and the few available ones are not affordable. It has always been the position of the Academy that the medicines availability should be treated as a security matter in the country.

“When people are sick, they need medicines for restoration to the normal state of affairs. The government must, as a deliberate and direct policy, ensure the growth and development of the pharmaceutical industry and sustain it with patronage.

“We are not unaware of the current moves by the government: waiver of customs duty through an executive order, continuous engagement with the pharmaceutical industry, etc.”

He, however, commended the government’s efforts in addressing the problem, especially the g of the executive order on pharmaceuticals by President Bola Tinubu.

“We commend and encourage the government to do these things sustainably to truly grow the pharmaceutical industry in Nigeria,” he said.

https://punchng.com/nigerians-can-no-longer-afford-to-buy-drugs-pharmacists/

You stole ......

ZaddyJ:
You stole ......

Yes he stole mandate

Since people don begin chop animal feed na to start drinking lasota and gumboro vaccine for any sickness o

Nokio2:
Since people don begin chop animal feed na to start drinking lasota and gumboro vaccine for any sickness o

The gbegiri people?

Baby steps of pain, adult steps still dey warm up.

Tinubu is taking hard decisions, it will soon yield fruits maybe not in lives of many Nigerians will the audio hard decisions yield fruits

Tinubu says that Nigerians should endure this baby steps of pain

Even the ones wey we try buy sef no dey work

FourQu:


Yes he stole mandate

let the one wey him MANHOOD got STOLEN continue dey look for his 2 balls/ EGGS 🥚 in 2027.

IAmHim1:
Most people don't need drugs if they understand the cause of all sickness is from IMPROPER COMBINATIONS OF FOOD which builds toxins and leads to all manner of sickness

carbohydrates (base) and protein (acid) should not be eaten together
Acid and base neutralizes!

https://nairaland.macsoftware.info/8212626/balanced-diet-health-scam-learn

Stop this rubbish talk.

Shameless professionals

The cost of drugs is on the high side because pharmacist refuse to produce drug locally with locally available raw materials.

Most of the drug in Nigeria are of low quality as ll from China and India.

Currency devaluation objective is to reduce and divert economy from import to export.

Modified,
Complaining about machines, power still boil down to the fact that Nigerian professional are lazy and shameless.

These are same people shouting production ooo, but they are the inporter of FAKE and substandard product. Yes very profitable

China and India where we import everything from now started from somewhere. They endured pain loss of profits and even resources.

When you import, you are depriving govt of tax, unemployment increased and infrastructural development is slowed

PATHETIC..It is true but we NIGERIANS are our own Enemies..I bought 900G of Peak Milk @900 each from a lady.Second day,she don top am with 500.Malta Guinness is sold @ 460(Bokku),Jendo(480),elsewhere 500,600.Wheat @1100.Elsewhere,it is 1400..Isn't that WICKEDNESS

No thanks to our drug lord president, he made it possible

Things fall apart

God help your children in this country.

Especially the Ronu they can buy drugs with Ronu cards

Disaster government

The clueless president left the group

Change the headings, It's medications, not drugs you moran!

Drugs are illegal for anyone to buy.

Na person wey don chop full will be able to buy or use drugs...

May we survive this hardship..

Freetech:
Shameless professionals

The cost of drugs is on the high side because pharmacist refuse to produce drug locally with locally available raw materials.

Most of the drug in Nigeria are of low quality as ll from China and India.

Currency devaluation objective is to reduce and divert economy from import to export.

You guys just open your big mouths on social media. Do you think production is as easy as eating moi-moi. Ordinary syringe factory Osinbajo and co. opened the other day has folded up.

Do you know what it costs to import all the machineries, power those machinery, transport them, pay import levies, pay staffs, pay regulators, import mould for plastics, pay state dues, signage, deal with unscrupulous marketers and suppliers?

Do you know how much it costs to a medical product at NAFDAC? It runs into millions. With serious bureaucratic bottlenecks and bribery.

Did government give them money to start production? The same government that will come for taxes immediately you put up a signboard?

Forget all the political grammar they speak on TV about Ease of doing business and ing local production. It's all noise. Go to their offices and see how they'll frustrate you with bureaucracies.

It is more profitable to just import the finished goods and sell at a lower overhead cost.

See, if you see any producer or manufacturer in Nigeria, don't envy them. Infact pity them. Some of them are battling with high blood pressure..

Go figure

Nigerians Una never seen anything yet. E ti ri nkan nkan..

.

Make your drugs affordable too

Coastal highway to nowhere and private jet are better than human health for the heartless leaders.

People have diverted to Agbo it's cheaper...

Nigerians need to demand electoral reforms

Direct polling unit transmission of results to a central server ... Cancel local government collection centres that's where rigging takes place

Until this is done this symptoms would only get worse

No be who chop finish fit buy drugs..
Where the food first?

Nigerians are very greedy set of human beings thats why we are not progressing as a nation

Tinubu is the worst thing to happen to Nigeria since independence.
Very incompetent mentally static being