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Tag: Beyond Import Tax Reduction on Pharma Raw Materials

Beyond Import Tax Reduction on Pharma Raw Materials

Beyond Import Tax Reduction on Pharma Raw Materials

Editorial Opinion
It was indeed a New Year present as the pharmaceutical health sub sector awoke to the news of duty slash on imported pharma raw materials in January. One would recall that during the last Annual National Conference of the Pharmaceutical Society of Nigeria (PSN) which took place in Minna the Niger State capital in November of 2016, the body of pharmacists reeled out a number of points in a communiqué, to the government of the day regarding how to move the health sub sector forward. Prior to this event however, the PSN had made a high powered representation to government when it among other issues earnestly requested the president Muhammadu Buhari-led federal Government to see to it that every visible impediment on the way of local manufacturing as well as importation of pharmaceutical raw