As part of efforts to revitalise Nigeria’s health sector, President Bola Tinubu has signed an Executive Order aiming to boost local production of healthcare products and reduce costs.
The targeted healthcare products include pharmaceuticals, diagnostics, devices such as needles and syringes, biologicals, and medical textiles, among others.
The new order, according to the Coordinating Minister of Health and Social Welfare, Muhammad Pate, has introduced zero tariffs, excise duties and VAT on specified machinery, equipment and raw materials.
