FG urged to address exit of pharmaceutical coys from Nigeria
A former President of the Association of National Accountants of Nigeria (ANAN), Samuel Nzekwe, has appealed to the federal government to create a conducive environment for the pharmaceutical industry to thrive.
Mr Nzekwe appealed on Monday in Ota, Ogun, while speaking on a report that pharmaceutical companies are leaving the country in droves.
He urged the federal government to take a critical look at the industry and address its challenges.
The ex-ANAN president identified naira devaluation as one of the factors responsible for the exodus of pharmaceutical companies from the country.
He said the immediate effect of the exodus is the astronomical increase in the prices of drugs and sometimes their non-availability.
“The federal government needs to look at some of these critical areas, especially the pharmaceutical industry.
“Nigerians are finding it difficult to access healthcare and necessary drugs for their existence,’’ he said.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
Uba Sani compensates residents over road projects
The governor inaugurated the distribution of cheques in Basawa, Sabon Gari Local Government Area, on Friday.
Lagos
Disengaged soldier arraigned for allegedly stealing motorcycle
The magistrate adjourned the case until August 13 for mention.
Agriculture
FG distributes 20,160 bags of fertilisers to Lagos farmers
The initiative is being implemented through the National Agricultural Development Fund (NADF) under the Federal Ministry of Agriculture and Food Security.
Heading 1
Oyo School Abduction: FG arraigns three suspects on terrorism charges
The defendants were charged with a 10-count charge of terrorism, kidnapping, concealment, incitement and illegal mining.
States
Company drivers arraigned over alleged diesel, petrol theft
They were charged with conspiracy and theft, to which they pleaded not guilty.
Economy
Tinubu signs executive order on virtual assets, currency regulation
The order establishes a virtual assets council, chaired by the CBN, with the NRS and the SEC serving as vice-chairmen.
