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Tinubu to address soaring cost of medicine

President Bola Tinubu is set to address the rising cost of medicine in the country.

This was made known by Coordiating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, on Arise TV.

He maintained that the president has approved an intervention that is constitent with the renewed hope agenda which will lead to affordable healthcare in the country.

He stressed that the president has begun to take “steps that will enable local manufacturers to thrive and deliver the basic commodities.”

The step is geared towards cutting down the price of high medical consumables which will pave way for the survival of local manufacturers.

Recall that due to the state of economy in the country, prominent companies have exited the country.

This followed the announcement of GSK, a French pharmaceutical multinational, which announced its exit from Nigeria in November.

The company, however, resolved to appoint a third-party distributor for its commercial portfolio of medicines from February, 2024.

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