President Bola Ahmed Tinubu has signed an executive order to increase local production of healthcare products.

The order introduces zero tariffs, zero excise duties, and VAT on specified machinery, equipment, and raw materials, aiming to reduce production costs and enhance our local manufacturers’ competitiveness. Specified items include active pharmaceutical ingredients (#APIs), excipients, other essential raw materials required for the manufacturing of crucial health products such as drugs, syringes and needles, long-lasting insecticidal nets (#LLINs) and rapid diagnostic kits.

The Minister of Justice and Attorney General of the Federation, Prince Lateef Fagbemi, will now take the next steps by codifying the new Order.

https://thenationonlineng.net/tinubu-signs-executive-order-to-slash-pharmaceutical-prices/

more cocaine in ASO ROCK..

We should be more concern about how to enforce the order on those who refuse to comply

Nice development👍💯

You should have stopped pharmaceutical companies from paying tax.

Why did you make policies to crumble pharmaceutical companies at first

Okay

We Yoruba Muslims are very comfortable with this Tinubus govt, Igbos are hungry and angry

Create an environment where no one gets sick. It is better than slashing prices of drugs. When no one gets sick there will be less demand for drugs.
Reduce price of energy. This includes electrical tariffs and that of PMS, AGO and DPK.
Everything will fall in line.
The money budgeted to be shared to poor families use to import agricultural machineries and support mechanised farming. Nigerians will have food in surplus.
Thanks.

The Lagos he built has been heat hard by cholera, reason why he's signing the executive bill.
Peter Obi's criticism is taking effect tho

I thought Zombies said the exit of pharmaceutical multinationals is a good thing and new players will come in
Zombies are enemies of the country

Killerofpigs:
more cocaine in ASO ROCK..

AqualinaXYZ:



They think he’s talking about paracetamol and the rest
Werey wey wan reduce his import duty on white powder

You two have never dropped a reasonable post in a year

You comment like you're being paid to be dumb

Any Good news about Nigeria excites my soul

As a man with a 100% positivity, I rejoice at all times. I will never wail where others are happy

Forward Ever Nigeria

You encourage foolishness by your dumb statements

DevilsEqual:





You two have never dropped a reasonable post in a year

You comment like you're being paid to be dumb

Good job Mr President... I ove you

Mekus68:
The Lagos he built has been heat hard by cholera, reason why he's signing the executive bill.
Peter Obi's criticism is taking effect tho

Obi, the arm - chair critic. Has he done anything for Abia the only LP state. Obidients and hypocrisy are like 5 and 6. Even minimum wage of #30000 Oti has not paid and they are preoccupied with advising the president. When will he advice Oti to pay the old #30000 minimum wage and the new #60k plus minimum wage. Charity should begin at home.

His day just dey break, yeye man

COMRADES, tinubu your government chased almost all the pharmaceutical companies in Nigeria, what are trying to do now?

Mekus68:
The Lagos he built has been heat hard by cholera, reason why he's signing the executive bill.
Peter Obi's criticism is taking effect tho

Always finding ways to smûggIe Lienus into the affairs.

Always sounding stupid just because of cheap likes

AqualinaXYZ:



They think he’s talking about paracetamol and the rest




Werey wey wan reduce his import duty on white powder

Nice one from Mr President.

Good job Mr politician ...o love you

in Nigeria Great news for Nigerians! Tinubu is tirelessly working to improve healthcare accessibility and affordability for all.

, ensuring affordable healthcare for all Nigerians.

Tinubu is committed to improving the lives of Nigerians through practical measures, not just political rhetoric.

Innovative leader Tinubu once again proves his commitment to improving the lives of Nigerians through his latest executive order to lower medicine costs.