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Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts - Politics - Nairaland

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Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Adenugay(m): 9:39am On Apr 23
The rising price of malaria, antibiotics, anti-diabetes, hypertension drugs and other pharmaceutical products have heightened the fears of increased mortality and reduced life expectancy among Nigerians.

The danger becomes more ferocious as retail prices for commonly used drugs in Nigeria have risen by at least 300 per cent daily untamed.

Apart from food inflation, which stood at 40.01 per cent in March, the inflation rate in pharmaceuticals has witnessed an exponential surge in the last four months.

A recent Market Survey conducted by the DAILY POST in Abuja showed that the prices of antibiotics and malaria drugs such as Tavernic surged to N25,735 from N11,370 in January, Levofloxacin SGS sold for N1,200 from N550.

Also Terivid tablet 200mg (N10,320 from N4,460), Coartem 80/480( N6,500 from N1,750), Amatem soft gel (N3500 from N1,375), Lonart 80/480 (3500 from 1,700), Ventolin inhaler is sold at N9,000 as against N2,000, while Seretide inhaler goes for N31,950 as against N8,000, Augmentin 625mg from N14,200 to N25,000.

The fate of most Nigerians who battle to feed with N30,000 minimum wage now lies in the balance.

In an interview last month, Prof Cyril Usifoh, president of the Pharmaceutical Society of Nigeria, blamed the rising prices on the foreign exchange crisis, dependence on medicine imports and rising energy costs.

The Naira closed at N1,234.49 per dollar at the FMDQ market on Monday, and the recent 240 per hike in electricity tariff poses more danger.

According to the National Bureau of Statistics, drug imports surged by 68 per cent in the third quarter of 2023.

The development comes amid the exit of GlaxoSmithKline (GSK) in August last year.

According to a Community Pharmacist, Blessing Adams, the increase in the prices of medicine would lead to many Nigerians dying of chronic diseases.

She said patients now go after alternatives like herbs due to the high cost of prescribed drugs.

“It is pathetic. A patient in my hospital died because of an inability to afford an inhaler.

“Also, a hypertensive patient died because he could no longer afford ARB, CCB and diuretics antihypertensive drugs,” she lamented.

A patient in the National Hospital, Abuja, Isaac Adebayo, lamented that his family is contemplating alternatives due to the high prices of drugs.

“We can no longer afford drugs due to high prices. As I speak to you, my family are looking at alternative treatment outside the hospital”, he said.

Meanwhile, the Minister of Health, Ali Pate, reiterated in February that President Bola Ahmed Tinubu is targeting an Executive Order as a short-term measure to reduce the surge in prices of pharmaceutical products; however, this has not come to light.

In an exclusive interview with DAILY POST on Monday, Dr Uche Ojinmah, the President of the Nigerian Medical Association, said the surge in prices of drugs had led to a rise in death rate and a reduction in life expectancy in Nigeria.

He noted that the country was currently facing high prices of medications and a surge in fake drugs.

Ojinmah urged the government to declare an emergency in Nigeria’s health sector to avoid further collapse.

He added that the Nigerian government should look at tax waivers for the imports of medicines and pharmaceuticals and intervention in the local production of drugs.

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“We are in a country where for a hypertensive patient, a drug that used to be sold for N2,000 to N4,000 a few years ago is now selling for N39,000 for a monthly dose, and the minimum wage is N30,000.

“Antibiotics are now within the range of N8,000 and above. The cheapest drug now is maybe Paracetamol, within N400 per pack.

“In this country, there will be dual disease burdens. Infection disease and lifestyle disease.

“In the Western world, they are mainly suffering from diseases of lifestyle such as diabetes, hypertension and others, but in Africa, it is a dual disease burden.

“Now patients can’t afford antihypertensive drugs, anti-diabetes drugs, not to mention those with kidney and renal failure. Dialysis is now way out of the reach of many people.

“Those who get infections- young people under five years old are more prone as their parents cannot afford antibiotics. It is not unexpected that the death rate will be high. If we are honest with our data, life expectancy will drop.

“Going to the hospital is one thing, diagnosis is another and getting treatment is another.

“In this discussion, we are not talking about the rise of fake drugs in Nigeria and others that are made with lower ingredients. Some of them are just chalk. All these put together, only God knows how Nigerians are surviving.

What doctors are suffering now is that you battle with patients who cannot afford drugs due to high prices.

“You give patients a prescription, and they go and come back two to three days later to tell you that they can’t afford it, asking for a cheaper option.

“When a patient returns without taking the prescribed drugs two or three days later, what do you expect?

“Amid the high prices of drugs, some of them are fake. Some are produced with fewer ingredients. You can even verge on the quality of the drug despite the high cost.


“We should declare an emergency in the health sector. We need to set things right. No matter what we do, if we don’t control the cost of drugs, we will soon have a problem in our hands.

“I think the government should agree with local pharmaceutical industries to help them facilitate the production of generic types of these drugs. India did it. When anti-HIV drugs became a problem in India, the government gave funding to local manufacturers to produce them.

“Nigeria’s government can do the same, and local pharmaceutical companies do it.

“Remove taxation on medical and pharmaceutical equipment so they can be procured and produced generically.

“We can’t kill our people because of Patency. Our people should be able to produce locally what they can use locally to care for themselves. That is the fastest solution”,
he told DAILY POST.

Dailypost: https://dailypost.ng/2024/04/23/drugs-price-hike-life-expectancy-reduction-imminent-in-nigeria-experts/

4 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Namaster: 9:44am On Apr 23
The inflation in price of drugs is bad enough.

But what is even more WORRISOME is the pervasiveness of FAKE DRUGS. Imagine shelling out almost #26,000 to buy Tavernic just to find out it's fake. And it doesn't work.

Perhaps the most EVIL thing of all is the fact that drugs you buy at USURIOUS prices to make you healthier could end up causing more problems for you.

Government and it's relevant agencies need to swing into action and get their shiit together.

18 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by 3exe3: 10:49am On Apr 23
inflation + heat + mosquito + no light = short life

32 Likes 1 Share

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Adenugay(m): 10:50am On Apr 23
It's well about the current price of stuff

1 Like

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Day169: 10:52am On Apr 23
It's a sad reality that may come to be.
With poor regulation, quacks, alternative medicine practitioners, and faith healers are about to have an even greater field day, and you know what accompanies these are more sad 'eventualities'! undecided
Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by CodeTemplar: 10:53am On Apr 23
Hmmmmm.

Lagos to Calabar is the agenda on ground, others can wait.

15 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Vinnie2000(m): 10:56am On Apr 23
This USELESS and evil APC Regime of Tinibu has already reduced the Life Expectancy of Nigerians. sad sad

With a Govt where Nigerians complain of prices of Basic food items such as Garri, Indomie, Beans,etc
The Lifespan of Many will definitely be Shortened. embarassed undecided

Even BREAD and FANTA which People used to call BrickLayers Food,
One can't Buy them at ease again. undecided

23 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by CodeTemplar: 10:57am On Apr 23
Namaster:
The inflation in price of drugs is bad enough.

But what is even more WORRISOME is the pervasiveness of FAKE DRUGS. Imagine shelling out almost #26,000 to buy Tavernic just to find out it's fake. And it doesn't work.

Perhaps the most EVIL thing of all is the fact that drugs you buy at USURIOUS prices to make you healthier could end up causing more problems for you.

Government and it's relevant agencies need to swing into action and get their shiit together.
thats the political equivalent of doing fake projects at a time when alternative that can be improved exists. Lagos - Calabar is no pressing issue.

3 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Mindlog: 11:00am On Apr 23
Life expectancy on the decline.

4 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by OkpaNsukkaisBae(m): 11:05am On Apr 23
Awa l'okan..


Here in Ogbomosho price of Antibiotics and malaria drugs are very affordable.. ₦570 is more than enough.

3 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by bet9ja(m): 11:07am On Apr 23
Vinnie2000:


This USELESS and evil APC Regime of Tinibu has already reduced the Life Expectancy of Nigerians. sad sad

With a Govt where Nigerians complain of prices of Basic food items such as Garri, Indomie, Beans,etc
The Lifespan of Many will definitely be Shortened. embarassed undecided

Even BREAD and FANTA which People used to call BrickLayers Food,
One can't Buy them at ease again. undecided

This is it, we are here because someone grab power by force but cannot run with it. It is a shame that we are here in 2024 trying to survive when other nation are thinking of eGovernment. Tinubu and those supporting his policy are really wicked.

10 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by IceLip: 12:56pm On Apr 23
I wonder y things keep getting higher even wen the new elected officials promise to make things easier and affordable


The system keeps f*cking doing there best for us every year and the mass are dying slowly

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by slaawomirr: 12:56pm On Apr 23
Damnnn niggar

Isoright
Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by ugodson(m): 12:56pm On Apr 23
Sentiments apart this is the worst government ever, even to the sick?

12 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by SpecialAdviser(m): 12:56pm On Apr 23
I had expected the president to perform creditably well on DRUGS

Why is he failing?

8 Likes 1 Share

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by ClearFlair: 12:57pm On Apr 23
Meaning more people may die because of high costs

4 Likes 1 Share

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Meti99(m): 12:58pm On Apr 23
The rate at which drug prices jump scales in Nigeria now I fear what this man said is very true

5 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by sofeo(m): 12:58pm On Apr 23
Alright
Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Offpoint1: 12:58pm On Apr 23
Thanks APC

2 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Emeskhalifa(m): 12:59pm On Apr 23
A family man rushed into a store to buy Garri and sugar when he was told there was no sugar of N50, his eyes became teary.
Time was 9pm.
Garri at 9pm.
Omoor I don't know what exactly is the crime of Nigerians to deserve these set of politicians but we seriously need to beg God for forgiveness so we can have good leaders cry

2 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by tiswell(m): 12:59pm On Apr 23
Let me laugh for just no reason,😄😄😄😄😄😄😂😂





Na SW e go begin from

3 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by ecomalchemistt(m): 1:00pm On Apr 23
We are our own problem
Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Willie2015: 1:00pm On Apr 23
ClearFlair:
Meaning more people may die because of high costs

People should embrace NHIS...
45k/year for 3 members is affordable....
Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by adioolayi(m): 1:03pm On Apr 23
Loads of deaths already being recorded..


Prices of essential medicines is over the roof top...

Anticancer....big wahala..

Antihypertensives...big wahala

Anti-diabetics ...big wahala

Anti-depressants...big wahala

Every where na death...when 30 Tablets of essential medicines dey cross over #100,000 ..no be death be that

Where the money

1 Like

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Tijani009: 1:04pm On Apr 23
3exe3:
inflation + heat + mosquito + no light = short life
Low purchasing power, I never sell since last week , I come get malaria unto coughed out 7k for malaria drugs e pain me reach bone

2 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by adioolayi(m): 1:06pm On Apr 23
Willie2015:


People should embrace NHIS...
45k/year for 3 members is affordable....

NHIS go give anti-cancer

Go cover dialysis

grin grin grin

1 Like

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by Nice2023(m): 1:11pm On Apr 23
Yarimo and Helinues this is for ur consumption.

3 Likes

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by onuman: 1:12pm On Apr 23
It's gonna be reduction of Nigeria's population by more than half.
Worse Issue is that most of the Nigerian population don't understand that there is centrifugal forces from the major ethnic groups of Nigeria acting on the country; it's the forces that make Nigeria the most dysfunctional country in the world. The bourgeois groups of the two major ethnic groups in the south stick their people together with the northern region which practices sharia criminal laws and don't aspire for modern innovations.

1 Like

Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by DMerciful(m): 1:13pm On Apr 23
Lamidi Amoda Sangodele killing Nigerians
Re: Drugs Price Hike: Life Expectancy Reduction Imminent In Nigeria – Experts by AcadaWriter: 1:14pm On Apr 23
Life expectancy on the decline.

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