Unless the Federal Government adopts a holistic approach to addressing all major factors of production, Nigerians will continue to suffer from the high cost of essential medicines.
This was the submission of the president, Pharmaceutical Society of Nigeria, Ayuba Ibrahim Tanko, at a media briefing in Lagos State
Ayuba, who said the holistic intervention has become necessary, urged the Senate to fast-track the Bill that proposes stiffer punishment for merchants of substandard medicines across the country.
Since major multinational pharmaceutical giants stopped local production of medicines in Nigeria citing paucity of foreign exchange, macro economic pressures like high cost of energy, and fuel subsidy removal as reasons, Nigerians have been suffering from the high cost of essential medicines .
The federal government, in line with its intervention policies, introduced some short-term measures to cushion the effect on the masses.
it’s over three years since the intervention took effect, yet the cost of these medicines are not felt.
To tackle the incessant circulation of substandard medicines,the PSN President called for stiffer punishment options to serve as a deterrent for the merchants of death
With the theme of the PSN national Conference tagged ” one health,One Pharmacy: bridging knowledge, practice and policy for national impact coming up in Anambra State from 1st November 2026, The PSN President wants Professionals in the health sector to support Collaborations that would work for the best interest of Nigerian Patients.
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(Editor: Ebuwa Omo-Osagie)
