Tinubu signs new executive order to address rising cost of drugs, other consumables

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Mr Pate, who had hinted in February of the executive order, noted in a post on X Friday night that the new effort would reduce production costs and enhance local manufacturers’ competitiveness. “Specified items contained in the new Executive Order include Active Pharmaceutical Ingredients , excipients, other essential raw materials required for manufacturing of crucial health products like drugs, syringes and needles, long-lasting insecticidal nets and rapid diagnostic kits, among others,” he noted.

The minister pointed out that agencies including the Nigeria Customs Service, NAFDAC, SON and FIRS would ensure swift implementation, with special waivers and exemptions effective for two years. It noted that the applicants were at different stages in the registration stream as prescribed by extant NAFDAC’s guidelines on the establishment of pharmaceutical plants in Nigeria.

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