EDITORIAL: High drug costs: declare a state of emergency before many people die
Nigerians with health challenges are In fall hazard as THE prices of drugs are NOW beyond THE reach of most people. Regularly, THE depreciation of THE Naira against THE WE dollar And other major global currencies, Since President Bolas Tinubu assumed desk, And THE deregulation of THE stranger exchange walk, sets off A chain of economic crises, In which health care delivery has become A of THE major victims. THE concern do not request THE usual Governments symbolism, but A effective emergency response.
THE situation East more creepy with major medicine manufacturing companies folding up their operations In Nigeria as THE environment For business becomes more difficult. There East Also THE underlying issue of THE mass Exodus of medical doctors, nurses And other paramedics has Europe, THE United States, Canada And Saudi Arabia For better pay And functioning environment. This period East Really A difficult A has autumn sick In Nigeria. THE prices of antibiotics, painkillers, hypertensive And anti-diabetic drugs, among others, to have flew has between 400 And 500 by hundred. Augmentin, A popular antibiotic that used has cost 3,500 naira, NOW go For on 30,000 naira. This means that For THE poor – minimum salary employees And THE on 133 million Nigerians WHO to have has been identified as multidimensionally poor – fall I will becomes THE END time.
Most pharmaceutical some products used In Nigeria are imported either Since China, India Or Europe. THE unavailability of drugs East on THE path has to get worse with THE exit of GlaxoSmithKline (GSK) Since Nigeria In October, After 51 years. THE British farm has Express It is desire has transition has A product distribution model In THE Nigerian walk. We seriously doubt THE plausibility of This business model Since THE easy repatriation of income Since sales In stranger exchange has THE House countries of multinationals East not Currently feasible due has Nigeria tax enigma.
THE economy, according to has Reuters, "has about $7 billion In Forex ahead that to have matured, A major concern For investors as stranger currency shortages continue has to weigh down THE Naira currency." THE Central Bank of Nigeria, (CBN) said he has erased A back of about $2 billion of these ahead through THE aviation, oil And manufacturing sectors. Stranger Airlines companies are of $792 million, out of which $65 million was paid. A few of them to have suddenly stopped their operations here.
In addressing Nigeria medicine crisis, part of THE to focus should be on Why most local pharmaceutical companies prosper on marketing And distribute some products made abroad, instead of be manufacturers themselves. A few pharmaceutical some products do below their business brands are In fact made by Indian And Chinese businesses. This unfortunate situation East illustrated In THE 70 by hundred of drugs used In Nigeria be imported, as THE Pharmaceutical Company of Nigeria affirms. This East Why fake And bad quality some products easily get In THE walk, help by weak regulation, porous borders And corrupt customs personal.
Data Since THE International Trade Center put Nigeria medicine import In 2020 has $2.4 billion, which has has been in decline Since SO due has Forex pressures. In 2021, he was $1.37 billion And $1.05 billion In 2022. THE down orient yourself keep on going as Forex rarity intensifies. Citizens shaken every day by hunger, with food inflation has 33.93 by hundred as of December, can't pay health care costs, SO they avoid treatment with quality drugs. This East A most terrible double Wow!
ALSO READ: NAFDAC destroy fake, expired drugs, food value N500 millionHowever he has stood up on THE government that major drugs are No longer affordable has most Nigerians, THE Coordination Minister of Health And Social Well-being, Ali Skull, has said A Executive Order Since THE President East In THE on the way has improve THE situation. A Federal Executive Advice meeting on THE issue, penultimate week, would have sealed packages that will TO DO medicine manufacturing prosper, regulate THE prices of drugs, release funds has THE Medical And Dental Advice of Nigeria (MDCN), And Cancel waivers In THE recruitment of health workers, has be door out by THE Ministry of Health, free of any charge by THE bureaucratic bottlenecks of THE Civil...
Nigerians with health challenges are In fall hazard as THE prices of drugs are NOW beyond THE reach of most people. Regularly, THE depreciation of THE Naira against THE WE dollar And other major global currencies, Since President Bolas Tinubu assumed desk, And THE deregulation of THE stranger exchange walk, sets off A chain of economic crises, In which health care delivery has become A of THE major victims. THE concern do not request THE usual Governments symbolism, but A effective emergency response.
THE situation East more creepy with major medicine manufacturing companies folding up their operations In Nigeria as THE environment For business becomes more difficult. There East Also THE underlying issue of THE mass Exodus of medical doctors, nurses And other paramedics has Europe, THE United States, Canada And Saudi Arabia For better pay And functioning environment. This period East Really A difficult A has autumn sick In Nigeria. THE prices of antibiotics, painkillers, hypertensive And anti-diabetic drugs, among others, to have flew has between 400 And 500 by hundred. Augmentin, A popular antibiotic that used has cost 3,500 naira, NOW go For on 30,000 naira. This means that For THE poor – minimum salary employees And THE on 133 million Nigerians WHO to have has been identified as multidimensionally poor – fall I will becomes THE END time.
Most pharmaceutical some products used In Nigeria are imported either Since China, India Or Europe. THE unavailability of drugs East on THE path has to get worse with THE exit of GlaxoSmithKline (GSK) Since Nigeria In October, After 51 years. THE British farm has Express It is desire has transition has A product distribution model In THE Nigerian walk. We seriously doubt THE plausibility of This business model Since THE easy repatriation of income Since sales In stranger exchange has THE House countries of multinationals East not Currently feasible due has Nigeria tax enigma.
THE economy, according to has Reuters, "has about $7 billion In Forex ahead that to have matured, A major concern For investors as stranger currency shortages continue has to weigh down THE Naira currency." THE Central Bank of Nigeria, (CBN) said he has erased A back of about $2 billion of these ahead through THE aviation, oil And manufacturing sectors. Stranger Airlines companies are of $792 million, out of which $65 million was paid. A few of them to have suddenly stopped their operations here.
In addressing Nigeria medicine crisis, part of THE to focus should be on Why most local pharmaceutical companies prosper on marketing And distribute some products made abroad, instead of be manufacturers themselves. A few pharmaceutical some products do below their business brands are In fact made by Indian And Chinese businesses. This unfortunate situation East illustrated In THE 70 by hundred of drugs used In Nigeria be imported, as THE Pharmaceutical Company of Nigeria affirms. This East Why fake And bad quality some products easily get In THE walk, help by weak regulation, porous borders And corrupt customs personal.
Data Since THE International Trade Center put Nigeria medicine import In 2020 has $2.4 billion, which has has been in decline Since SO due has Forex pressures. In 2021, he was $1.37 billion And $1.05 billion In 2022. THE down orient yourself keep on going as Forex rarity intensifies. Citizens shaken every day by hunger, with food inflation has 33.93 by hundred as of December, can't pay health care costs, SO they avoid treatment with quality drugs. This East A most terrible double Wow!
ALSO READ: NAFDAC destroy fake, expired drugs, food value N500 millionHowever he has stood up on THE government that major drugs are No longer affordable has most Nigerians, THE Coordination Minister of Health And Social Well-being, Ali Skull, has said A Executive Order Since THE President East In THE on the way has improve THE situation. A Federal Executive Advice meeting on THE issue, penultimate week, would have sealed packages that will TO DO medicine manufacturing prosper, regulate THE prices of drugs, release funds has THE Medical And Dental Advice of Nigeria (MDCN), And Cancel waivers In THE recruitment of health workers, has be door out by THE Ministry of Health, free of any charge by THE bureaucratic bottlenecks of THE Civil...
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