PSN says FG hasn’t effect zero tariff on pharmaceutical inputs
President Bola Tinubu had in June signed the executive order to introduce zero tariffs on excise duties and value added tax (VAT) on imported pharmaceutical inputs.
Pharmaceutical Society of Nigeria
Read More
Emzor Sees Pharmaceuticals Drug Imports Falling by 70%
Emzor Pharmaceuticals Industrial Limited, says that the trend of manufacturing only 30 percent and importing 70 percent of drugs by pharmaceutical companies in the country , will soon end. Funke Asiru, the company’s Director of Strategy, anticipated this development in the industry, following the federal government’s recent executive order which introduced zero tariffs, excise duties and value-added…
Pharmaceutical Manufacturers Applaud Tariffs Removal on Pharma Imports
The President of the Pharmaceutical Society of Nigeria (PSN), Prof Cyril Usifoh, has conveyed the gratitude of the operators in the sector, to President Bola Tinubu for haven granted zero tariffs, excise duties and VAT specified on pharmaceuticals, machineries, equipment and raw materials. In a statement, Prof said that the tariffs removal will encourage local…