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Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp - Politics (4) - Nairaland

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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 Sleekfingers: 4:40pm On Jun 29
helinues:
Good

Government should also go after those who sell fake drugs. They are too many in Nigeria


Men, you made a valid point. Fake drugs everywhere.

That's why I only by drugs from a reputable pharmacy in Nigeria.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Twoclans(f): 4:42pm On Jun 29
I hope it will reflect on the prices of pharmaceutical products and female sanitary wears .The prices are currently off the hock.

Long overdue
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Sleekfingers: 4:42pm On Jun 29
ClearFlair:
Good...but we need companies to ramp up production, and companies need an enabling economic environment to do that. Zero tax is only a temporary half solution.



But it is better than non......
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by nsesam(m): 4:47pm On Jun 29
This is the best news from this government

1 Like

Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DUNDEEmoderatos: 4:48pm On Jun 29
SpatialKing:


Same people like You tag local manufacturers fake
Rubbish talk and inconsiquantal assumption!
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by SpatialKing(m): 4:53pm On Jun 29
DUNDEEmoderatos:

Rubbish talk and inconsiquantal assumption!

Lol
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Nairalander248: 4:59pm On Jun 29
Paraman:
Good move by the president

God bless Tinubu

God bless the south west and the south south

God bless the north

God bless Nigerians

God bless Nigeria.

Producing and importing, which one is better?
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Kobojunkie: 5:00pm On Jun 29
RepoMan007:
That one industry with almost zero local capacity.
And now we want to make certain by this that there will be absolutely no capacity to speak of? undecided
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Talaqua: 5:00pm On Jun 29
Great move by Mr president , this will grow our economy.
More good policy from Mr president, Salary upgrade, more accesible long and short term loan for private and small enterpreneurship
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by firearcher: 5:05pm On Jun 29
Good. But will the sellers bring down their prices as a result or try to capitalise on the gesture to increase their profit?
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by efighter: 5:10pm On Jun 29
helinues:
Good

Government should also go after those who sell fake drugs. They are too many in Nigeria

You want Tinubu to arrest all Igbos? If they don't manufacture and sell fake demand other products, how will they survive?
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DMerciful(m): 5:25pm On Jun 29
If you like shout God bless the plant, the pipes...if you continue to vote in criminals like Tilumbu, your country will continue its decline.

God cannot be mocked
Paraman:
Good move by the president

God bless Tinubu

God bless the south west and the south south

God bless the north

God bless Nigerians

God bless Nigeria.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Bluntemperor: 5:25pm On Jun 29
President Tinubu should know by
now that Nigerians will react Positively,when they see good things, irrespective of their opinions on what you are doing before.
-This is a good step in the right direction.👍
-Let the Drugs being Imported and Local Products by these Pharmacies , begins to reduce in Prices,so that -Nigerians can begin to feel the Positive Impacts of the Govt-in Power.
We hope the Customs Dept can read the Instructions so as not to Constitute debacles at the various Nigerian Ports.
•Good decisions from Tinubu's Govt.
•President Tinubu should also allow Importations-the Various Foodstuffs into the Country ( Free Of Taxes)- so as to lessen the High Prices due to the High Inflation.
God bless Nigeria.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Meti99(m): 5:25pm On Jun 29
Kobojunkie:
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. lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed lipsrsealed
Now that the import tax is high, how has the local products benefitted Nigerians..
What impacts have they made that would have pushed the foreign products out finally, none.
They are all after their profits and not
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by DMerciful(m): 5:27pm On Jun 29
Tinubu has no capacity. He will continue to destroy Nigeria if he is not stopped
VillagePipu:



I have noticed something about you Ipob Obidients. You are in the lower rung of life and you are children of people without economic standing.

Look at Kanu for instance. How many industries did his father have in Igboland? How many plaza does his father have? Even he himself, what was his occupation? Which business does he have in Igboland?

This singular policy will benefit Emzor, Orange Drugs, Neimeth, all owned by Igbos, but one child of a pauper is calling Tinubu callous. The other failure is calling it nonsense. I can't blame you, after all, your fathers don't have any business.

Go and say this nonsense before Tony Ezenna or Stella Okoli and see if they won't remove your father's teeth. Ewu Biafra.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by just2endowed: 5:29pm On Jun 29
phobia2002:
Good move but Sadeast will still be sad about this News

Most of the pharmaceutical companies had left
. If he had implement this policy and think true when he was removing subsidy and floating the naira, some hard side effects effect won't be much like this and this would have persuaded most exited companies to stay. It's more like it's too late
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Ubanz: 5:34pm On Jun 29
Broke guys a here cursing each other's tribe.
Main guys don dey review the new policy and how it's going to benefit them.
Before you wake up tomorrow morning for another hating spree, many importers don already place orders waiting for shipment.
Idleness and joblessness = poverty.
Only poor people dey talk about tribe.
As Davido marry Chioma did you see or hear anyone talk about tribe.
The guy no send . He is Yoruba and the wife is Igbo.He made his wife the most expensive Bride in Africa.

And it's only the low lives that are bitter about it.
You guys should grow up and try to get engaged in something meaningful.

No one who have a skill or business would be busy denigrating other tribes because they constitute your clientele.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by VillagePipu: 5:36pm On Jun 29
DMerciful:
Tinubu has no capacity. He will continue to destroy Nigeria if he is not stopped

Your papa wey get capacity, how many plaza he get for Igbo land?
Kanu and Ekpa, mention a single business owned by their fathers in Igboland. You dey craze.

Igbos will never allow poor Igbos like you lead the narrative. Those with economic stake in Alaigbo will now lead, not children of failures.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by PHAYOL81: 5:46pm On Jun 29
Islie:
Tinubu signs executive order to introduce zero tax on imported pharmaceutical inputs




https://www.thecable.ng/just-in-tinubu-signs-executive-order-to-introduce-zero-tax-on-imported-pharmaceutical-inputs/amp/

Not a bad idea
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by WhizdomXX(m): 5:48pm On Jun 29
BigDawsNet:
Tinubu for 2027
Or
Nasir El-Rufai for 2027


Pick 1
Easy pick, Tinubu.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Bluntemperor: 5:51pm On Jun 29
just2endowed:


Most of the pharmaceutical companies had left
. If he had implement this policy and think true when he was removing subsidy and floating the naira, some hard side effects effect won't be much like this and this would have persuaded most exited companies to stay. It's more like it's too late

Nothing is too late in Business!
Those you claimed that left are being substituted by the Indians and Asian -Business People.
Besides,how has the so called Western Countries helped Nigeria,when they were just after the FOREX( Foreign Exchange Currencies-) and those of their Representatives in Nigeria,have Sold Big Lies on their Companies - to their Foreign Headquarters abroad and that is why they are leaving or threatening to leave!
•These Multinationals and their Local Representatives are part of Corruption in Nigeria,as they are Not Truthful to former Govts.
•Let Nigerian Federal Govt-called for Face To Face Meetings -e.g with Headquarters of Lever brothers,PZ,etc
and explain what their Representatives were doing - how they have formed Clique with Local Corruption People,but we are trying to iron out on how things should be.
•The Whites will understand that Nigeria , will with Over 200 Millions- Population Is In business,Not as their Representatives would make their Headquarters Falsely believed because of their exposure to Corruption,here .
In fact,the Indians,Coming to Nigeria in the Area of Pharmacy and Medicine is a Welcome Development,as they are doing fantastically well in Science and Technology.

1 Like

Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Kobojunkie: 6:05pm On Jun 29
Meti99:
Now that the import tax is high, how has the local products benefitted Nigerians.. What impacts have they made that would have pushed the foreign products out finally, none. They are all after their profits and not
Do a google search of companies that left Nigeria in 2023 and in 2024. On that list you will find many of the very same manufacturing companies who will now be able to produce their same goods outside of Nigeria and flood Nigerian markets with pharmaceutical products at zero tax
More than 10 major companies left in 2023, notably
▶ Unilever Nigeria PLC, Procter & Gamble Nigeria,
▶ GlaxoSmithKline Consumer Nigeria Ltd,
▶ ShopRite Nigeria,
▶ Sanofi-Aventis Nigeria Ltd,
▶ Equinox Nigeria
▶ Bolt Food & Jumia Food Nigeria.
These companies fired their Nigerian workers, so Nigerian workers lost out here. The same companies now produce the very same products outside of Nigeria's borders and are to pay zero Vat when they import them into Nigeria. Are you certain the Nigerian people and economy gain anything from all of this? undecided
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Kobojunkie: 6:13pm On Jun 29
Bluntemperor:
■ Nothing is too late in Business!
Those you claimed that left are being substituted by the Indians and Asian -Business People.
Besides,how has the so called Western Countries helped Nigeria,when they were just after the FOREX( Foreign Exchange Currencies-) and those of their Representatives in Nigeria,have Sold Big Lies on their Companies - to their Foreign Headquarters abroad and that is why they are leaving or threatening to leave!

•These Multinationals and their Local Representatives are part of Corruption in Nigeria,as they are Not Truthful to former Govts.
•Let Nigerian Federal Govt-called for Face To Face Meetings -e.g with Headquarters of Lever brothers,PZ,etc
and explain what their Representatives were doing - how they have formed Clique with Local Corruption People,but we are trying to iron out on how things should be.
•The Whites will understand that Nigeria , will with Over 200 Millions- Population Is In business,Not as their Representatives would make their Headquarters Falsely believed because of their exposure to Corruption,here .
In fact,the Indians,Coming to Nigeria in the Area of Pharmacy and Medicine is a Welcome Development,as they are doing fantastically well in Science and Technology.
Please stop telling yourselves these lies for Pete's sake! The companies that packed up and left were not just Western companies. That you would paint them as such reveals the level of disconnect baked deep into your ability to reason things. undecided
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by lereinter(m): 6:18pm On Jun 29
DUNDEEmoderatos:

Whatever mistake Tinubu might have made will never make me wish my country to fail.
Even if Tinubu did not make any mistake IGBOS will still wish him and their country to fail because of hate.
What makes you think that I am Yoruba because I called out IGBOS? Be guided!

Be guided - u a funny dude

1 Like

Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Realtruth2023: 6:25pm On Jun 29
DUNDEEmoderatos:

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!

Why are you being so stupid?
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Realtruth2023: 6:27pm On Jun 29
DUNDEEmoderatos:

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.

Name the pharmaceutical companies that left before APC. Keep lying in HD.

1 Like

Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by MDK777: 6:27pm On Jun 29
Pablo is talking about drugs
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by Realtruth2023: 6:28pm On Jun 29
VillagePipu:


The idiot I responded to is a fellow Mkpummiri youth like you. I pointed out drug makers from his place to shut him up. It's unfortunate that I have to spell everything out for you as if you have stroke of the brain.

Bro stop projecting what you are doing.
Re: Tinubu Signs Executive Order Introducing Zero Tax On Imported Pharmaceutical Inp by caracas: 6:29pm On Jun 29
Tjra:


The always angry and bitter souls won't like this prayers ooo

Their own na to dey curse their fatherland.

God so good, as dem dey curse Nigeria, the country sef dey curse dem 😂

No wonder they are always wailing.
Yet they are the ones enjoying n making their money like nothing happened while you and your mothers are shouting EBIN KPA WA OOOO…..

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