Saturday , 19 August 2017
Breaking News

Pharmaceutical Manufacturers Laud Executive Order On Security Of Medicines

THE Pharmaceutical Manufacturing Group of the Manufacturer’s Association of Nigeria, PMG-MAN, has lauded the recent Executive Order on support for Local Content in Public Procurement.

It would be recalled that on the 18th of May 2017, an Executive Order signed by Acting President, Prof Yemi Osinbajo mandated all MDAs of Government to grant preference to local manufacturers of goods and service providers in their procurement activities.

The Executive Order went on to direct that Made-in-Nigeria products should be given preference in the procurement of relevant items, mandating that at least 40 per cent of the procurement spending of all MDAs of the Federal Government must be expended to locally manufactured goods or services.

Locally made medicines were also expressly specified in Section 4F as a key category covered by the Executive Order.

In a statement, PMGMAN’s Chairman, Mr Okey Akpa, said industry analysis of the Executive Order showed it had potential to enable Nigeria achieve Medicines’ Security as well as boost National Self Sufficiency in Pharmaceuticals and related Health Commodities.

Calling for its faithful implementation, Akpa who said the  Executive Order represents the most expeditious and effective approach to guarantee Nigerians’ sustainable access to high quality and affordable medicines, said it had potential to stimulate massive employment in the sector, improve the economy and facilitate export of Nigerian medicines to neighbouring countries.

Also speaking, Executive Secretary PMG-MAN, Dr. Obi Adigwe, reiterated PMGMAN’s willingness to develop partnerships aimed at improving sustainable access to healthcare.

He said one of such strategic partnerships is the upcoming Pharma Forum at The Transcorp Hilton on the 25th of May aimed at integrating Local Drugs’ Manufacturing and Effective Supply Chain Management.

In 2017, PMG-MAN has partnered with the Private Sector Health Alliance of Nigeria. Prominent private sector leaders that sit on the Board  include Mr Jim Ovia and Mr. Aliko Dangote.

Source: Nigeria Today

Join Our BBM Channel; Swank Pharm on C002BF98F

About swankpharm

Check Also

Nigeria accounts for 2nd highest HIV/AIDS burden worldwide – NEPWAN

Share this on WhatsApp The Network of People Living with HIV/AIDS in Nigeria (NEPWAN) says ...

Herbal blood tonics for anaemic conditions

Share this on WhatsApp*Fluted pumpkin leaves, cowhage, fig, sorghum, others show promise, researchers find Nigerian ...

‘Osotimehin died watching television’

Share this on WhatsAppNMA, others mourn renowned doctor Professor Babatunde Osotimehin might have died of ...