General Health

Forum praises Tinubu’s initiative on local drug production

President Bola Tinubu, signing Executive Order on local production of Pharmaceutical products

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From Our Correspondent

The Tinubu Stakeholders Forum (TSF) has applauded President Bola Tinubu for issuing an Executive Order to enhance local production of pharmaceutical products in the country.

TheNewsZenith reports that the political group described the President’s initiative as a reflection of his visionary leadership.

In a statement signed by its Chairman, Ahmad Sajoh and Secretary Afolabi Josiah, the group noted that it was a significant milestone towards self-reliance in the pharmaceutical sector.

“Like many Nigerians, we are enthused by the new Executive Order, which seeks to reduce Nigeria’s dependence on imported drugs.

“It will also foster innovation and create job opportunities within the pharmaceutical industry.

“It is no surprise that stakeholders, including the National Agency for Food and Drug Administration and Control (NAFDAC), have praised this decisive action.

“NAFDAC recognised its potential to transform the healthcare landscape in Nigeria.

“We fully support this progressive initiative and urge the relevant government agencies to expedite its implementation. Our commendation is based on several key points,” TSF stated.

According to the group, Nigeria can significantly reduce its reliance on imported medicines by boosting local pharmaceutical production.

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“This will also ensure a more secure and sustainable supply of essential drugs.

“It will equally improve accessibility and affordability for all Nigerians.

“The Executive Order will catalyze the growth of the local pharmaceutical industry, creating numerous jobs and fostering economic development.

“For us, this will boost local production and enhance Nigeria’s pharmaceutical sector export potential.

“Encouraging local production will drive innovation within the pharmaceutical industry, leading to the development of new and improved medications, the group said.

TSF further asserted that the process would check the illegal importation of fake and adulterated drugs by some unpatriotic elements.

The group called on the business community to take advantage of the executive order to key into the project.

It added that no country could develop without the combined efforts of the government and the private sector.

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