NAFDAC does not regulate drug prices — only local manufacturing can help, says DG

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Mojisola Adeyeye, director-general of the National Agency for Food and Drug Administration and Control , says the organisation does not regulate the price of drugs in the country.

The NAFDAC DG said having more local pharmaceutical companies would help to bring down the rising prices of drugs as foreign manufacturers exit the country.Advertisement“It is not a solution you can get overnight. There is nothing the multinationals are making that we cannot make in Nigeria. The one item we cannot make is the inhaler for asthma.

“NAFDAC does not control or regulate prices. We control access. We make sure that products are accessible. If local manufacturers’ prices are higher than those imported, the reality is that local manufacturers import everything. “The fact that the drug is cheap doesn’t mean it is of quality. The buyer must be careful. Don’t buy medicines from the street corners, buy from the pharmacies.”The NAFDAC DG warned that the country would continue to have “drug insecurity” if the government failed to focus on local manufacturing.

 

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