RED ALERT TO IMMINENT RISE IN DRUG PRICES

Written by on January 30, 2020

PHARMACISTS UNDER THE AEGIS OF THE PHARMACEUTICAL SOCIETY OF NIGERIA (PSN) HAVE ALERTED TO IMMINENT RISE IN PRICES OF ESSENTIAL AND NON-ESSENTIAL DRUGS.

THEY BLAMED THE SITUATION ON NATIONAL INFLATION, CLOSURE OF LAND BORDERS, INCREASE IN VALUE ADDED TAX (VAT), LACK OF INCENTIVES FOR LOCAL MANUFACTURE, AND POOR FUNDING FOR RESEARCH.


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