The Nationwide Company for Meals and Drug Administration and Management has lauded President Bola Tinubu’s Government Order granting particular waivers on pharmaceutical inputs, APIs, excipients, and different important uncooked supplies.
The Director Common, NAFDAC, Prof. Mojisola Adeyeye, in an announcement she signed on Saturday, mentioned that the Order which might exempt specified pharmaceutical equipment, tools, items, and equipment from tariffs and excise duties, would “set the stage for a sustainable and high-quality healthcare system for all Nigerians.”
She mentioned the initiative, as part of the Nigeria Well being Sector Renewal Funding Initiative, “addresses longstanding challenges and goals to enhance well being outcomes for Nigerians.”
She added that the President’s Order would remodel Nigeria’s healthcare sector by rising native manufacturing of healthcare merchandise, decreasing prices of healthcare tools and consumables, and selling native investments.
The EO, as printed by the Workplace of the Coordinating Minister of Well being and Social Welfare, has the next provisions:
Zero Tariffs and Excise Duties: Exempting specified pharmaceutical equipment, tools, items, and equipment from tariffs and excise duties to scale back manufacturing prices and make healthcare merchandise extra reasonably priced.
Particular Waivers on Pharmaceutical Inputs: APIs, excipients, and different important uncooked supplies, together with these for Lengthy-lasting Insecticidal Nets (LLINs) and Fast Diagnostic Kits, will profit from zero tariffs, excise duties, and VAT, decreasing the worth of important medicines and medical provides.
Market Shaping: Establishing framework contracts and quantity ensures to stabilise the native manufacturing market.
Regulatory Harmonisation and Expedited Approvals: Creating a Harmonised Implementation Framework to information regulatory companies in streamlining approval processes.
Implementation and Compliance: Businesses just like the Nigeria Customs Service, NAFDAC, SON, and FIRS are mandated to make sure swift implementation. The waivers and exemptions are legitimate for 2 years from the efficient date.
Additionally, the Order, it was famous, would tackle key points, together with:
Decreasing the Excessive Price of Medicines: By decreasing tariffs and offering particular waivers, the EO goals to scale back the prohibitive prices of medicines and different pharmaceutical merchandise, making healthcare extra reasonably priced for Nigerians.
Boosting Native Business: Encouraging native manufacturing will create jobs, stimulate financial progress, and scale back dependence on imports, guaranteeing a dependable provide of important healthcare merchandise.
Enhancing High quality and Innovation: Regulatory harmonisation and market shaping will drive innovation and high quality enchancment within the native healthcare trade.
Strengthening Well being Methods: By addressing underinvestment and regulatory challenges, the EO will strengthen Nigeria’s well being system, bettering service supply and well being outcomes, and enhancing resilience to future well being crises.
Lauding the initiative, the NAFDAC DG mentioned within the assertion that the President’s EO “underscores his administration’s dedication to reworking Nigeria’s well being sector.”
“It aligns with the broader aims of the NHSRII and the Presidential Initiative on Healthcare Worth Chain (PVAC), permitted in October 2023. By addressing core challenges and offering a transparent path for enchancment, this EO units the stage for a sustainable and high-quality healthcare system for all Nigerians,” Adeyeye added.
She lauded the Coordinating Minister of Well being and Social Welfare, Prof. Mohammed Ali Pate, and the Coordinating Minister of State for Well being and Social Welfare, Dr. Tunji Alausa, who, based on him, “put the curiosity of the 200 million plus Nigerians earlier than their very own curiosity.”