Unless the Federal Government intervenes urgently in the matter concerning the ECOWAS Common External Tariff and the challenges it is posing for the pharmaceutical manufacturing sector, about one million workers in that industry may lose their jobs before the year runs out. This was disclosed in a statement issued by the Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria.
Economic recession notwithstanding, practitioners in the pharmaceutical industry have identified the imperative of new investments as driver of real development in the pharmaceutical manufacturing sector in Nigeria and Africa. They said that with growing reduction in foreign direct investment, stakeholders must re-strategise efforts at attracting home-grown investments to keep the sector robust and meeting the needs of the citizens.
The Pharmacists Council of Nigeria (PCN) has sealed off 46 pharmacies and 213 patent medicine stores in Lagos State for non-compliance with operational standards. The Deputy Director and Head of Enforcement of the council in Abuja, Stephen Esumobi, made this known during a press conference in Lagos at the end of its one week monitoring exercise.
Worried by increasing level of drugs maladministration and abuse, the National Council of Pharmaceutical Society of Nigeria (PSN) has called for review of laws pertaining to drugs and drug administration in the country. At its second meeting held at Tahir Guest Palace Hotel, Kano; the PSN President, Pharmacist Ahmed Ibrahim Yakasai, said the Council would come up with suggestions and other recommendations on how to effectively manage, administer and control drugs in the country.
The deputy Vice Chancellor of the Nasarawa state University, Keffi, Prof. Yakubu Boyi Ngwai, has called on National Agency for Food and Drug Administration and Control (NAFDAC) and Pharmacists Council of Nigeria (PCN) to extend their regulatory activities to the rural areas to curb the menace of sharp practices in drugs administration which endangers the lives of the rural populace.