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Nairaland Forum / Nairaland / General / Politics / Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp (16074 Views)
President Bola Tinubu Signs Executive Orders To Ease Tax Burden On Businesses / President Tinubu Signs Student Loan Bill Into Law (Pictures) / President Tinubu Signs Electricity Act 2023 Into Law (2) (3) (4)
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Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by adioolayi(m): 3:35pm On Jun 29 |
Why not imported pharmaceutical products ![]() Give waivers to finished pharmaceutical products.. that's the real deal. Let patients have access to essential medicines..most are not manufactured in Nigeria...we know this! 3 Likes |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Besuccesful: 3:36pm On Jun 29 |
Inasmuch as I don't support any Nigeria Politicians but I think this is a very good one from President Tinubu. At least if they stop tax on drugs all this medicine people are relying on for their health can come in freely and the price will drop drastically. Thank you Mr President. You do this one make we no lie. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Besuccesful: 3:36pm On Jun 29 |
. At least if they stop tax on drugs all this medicine people are relying on for their health can come in freely and the price will drop drastically. Thank you Mr President. You do this one make we no lie. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by adioolayi(m): 3:37pm On Jun 29 |
Besuccesful: Don't mind the President...he signed for inputs and not finished products. What he signed is only for raw materials 1 Like |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DUNDEEmoderatos: 3:39pm On Jun 29 |
Tjra:A beg mention their name....no dey fear! Na IGBOS dey do am .....they always pray for Nigeria to fail yet they want to rule. Hateful tribe! 2 Likes 1 Share |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Amah70: 3:40pm On Jun 29 |
Funkyswagzz:Another of the policy somersaults. Before #hellenius calls you an IPOB miscreant. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Antoeni(m): 3:41pm On Jun 29 |
This will bring some relief in the medical circle, which would make it affordable for the needy. It is empirical that some people life's depends on the intake of medication, considering the inflation that has blemished the present state of affair of the country. 3 Likes |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by lereinter(m): 3:41pm On Jun 29 |
Oh dis is cool. He should do for legumes and cereals too atleast till December 1 Like |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by VillagePipu: 3:42pm On Jun 29 |
adioolayi: The idea is to give support to indigenous manufacturers. Emzor, Neimeth, Orange drugs are beneficiaries of this policy because it stimulates local production. 2 Likes |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Kobojunkie: 3:42pm On Jun 29 |
Ezewuzie01:Would it equally be zero VAT on locally manufactured pharmaceutical goods as well? ![]() |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DUNDEEmoderatos: 3:43pm On Jun 29 |
adioolayi:I sometimes wonder if some of you attended primary school at all or is it so much hate that has blindfolded most of you? If raw materials are easy to get and at good price the price of the end products will surely be low and affordable for people to buy. Do you need a baby to tell you that? SMH! |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by VillagePipu: 3:43pm On Jun 29 |
Antoeni: We village people are not responsible for this ones stupidity. He got or from both parents. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by adioolayi(m): 3:44pm On Jun 29 |
VillagePipu: I agree..this should be a long term thing and is a welcome development. But, what will solve the immediate burden on patients as at today is massive reduction on the price of essential medicines. This is very key, people are dying ..they cannot afford their medication. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by VillagePipu: 3:45pm On Jun 29 |
adioolayi: You're a blockhead without exposure or common sense. They want to increase attractiveness of local drug production, you are here talking trash. Some of you type as if you lack basic commonsense. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Krankhead: 3:45pm On Jun 29 |
VillagePipu:Allow them to cry. We will continue pressing their Neck until they receive sanity 1 Like 1 Share |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by SpatialKing(m): 3:45pm On Jun 29 |
Tjra: Is this the solution After APC has used bad policies to frustrate all the pharmaceutical companies to leave the country.. Most of those drugs should easily be manufactured in Nigeria.. 1 Like |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by VillagePipu: 3:45pm On Jun 29 |
adioolayi: Local manufacturers to the rescue. If you want to criticise, do so with sense. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Kobojunkie: 3:46pm On Jun 29 |
VillagePipu:Stimulate ke? These foreign companies are competitors and if the playing field is not leveled, we are likely to see local manufacturers go out of business as a result of this. ![]() ![]() ![]() ![]() ![]() ![]() |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DUNDEEmoderatos: 3:46pm On Jun 29 |
Besuccesful:Children of hate and those ones that has no knowledge of economics are already complaining about it. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by lereinter(m): 3:46pm On Jun 29 |
DUNDEEmoderatos: You people aren't circumspect If tinubu had done dis and similar signing before removing fuel subsidy and naira devaluation Is typical yoruba enjoying now that a yoruba is ruling 4 Likes |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by complet: 3:46pm On Jun 29 |
GOOD, LET HIM DO SOMETHING ON EDUCATIONAL SECTOR TOO QUICKLY, NO ONE WANT TO BE A TEACHER ANYMORE, FOOD SECURITY TOO VERY IMPORTANT |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Amah70: 3:46pm On Jun 29 |
VillagePipu:Are there no pharmaceutical products manufacturers from your Villagepipu? Man from Interior village of Oyo State who sees Lagos as London and his hometown. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by eteba(m): 3:47pm On Jun 29 |
Thanks Mr President. The Pharmaceutical Industries should reciprocate by bringing down their prices accordingly. Naija must be better, MUST! |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Krankhead: 3:47pm On Jun 29 |
adioolayi:cry cry |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by lereinter(m): 3:47pm On Jun 29 |
Kobojunkie: This your comment is junkie |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DUNDEEmoderatos: 3:49pm On Jun 29 |
SpatialKing:A lot of phamacitical industries left Nigeria before APC and it too bad that you don't understand that the policy is to help local manufacturers. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Mamayam: 3:49pm On Jun 29 |
Hopefully my antidepressants become cheaper... 🙏🙏 |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by adioolayi(m): 3:49pm On Jun 29 |
VillagePipu: You know nothing about this field ..stay clear! As at today, major pharmaceutical companies in Nigeria do not have WHO pre-qualified plants...majority import their branded generics! That said, the move by the government is laudable...but what happens to immediate relief on skyrocketing prices of essential medicines that are not manufactured in Nigeria ![]() Why not remove import duty completely on finished pharmaceutical products and also their raw materials and APIs ![]() If you do this...many Nigerians with terminal illness will have huge relief from prices of these medicines. That's the argument. Next time...don't jump into what you know nothing about. 3 Likes |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Ijoba85: 3:50pm On Jun 29 |
Ok, I pick 1 BigDawsNet: |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DUNDEEmoderatos: 3:50pm On Jun 29 |
Amah70:What incoherent gibberish is this one saying? |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by lereinter(m): 3:50pm On Jun 29 |
SpatialKing: When those international pharm coys were in manufacturing in nigeria, their drugs were not cheap. |
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by adioolayi(m): 3:50pm On Jun 29 |
VillagePipu: Local manufacturers don't manufacture essential medicines...some that sells them actually import to rebrand |
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