President Bola Tinubu is expected to sign executive orders in the coming days aimed at lowering pharmaceutical prices, according to Tunji Alausa, the minister of state for health.
The president’s special adviser on information and strategy, Bayo Onanuga, revealed this on Wednesday in a post on X.
Alausa claims that Nigerians will receive instant assistance from the presidential directives.
This event occurs one month after Health Minister Ali Pate stated that executive measures were now necessary to guarantee Fair pricing of essential medicines had become imperative due to the withdrawal of large international pharmaceutical companies.
“With regard to the government’s response to the exorbitant expense of medications, the President has requested that we come up with a series of Executive Orders that he is going to sign to provide immediate succour to Nigerians about the high cost of pharmaceuticals,” the minister said.
“And these executive orders will get to the President’s table in the next few days. And that is the short-term solution to bringing down the cost of high pharmaceuticals and medical consumables that the citizens are experiencing currently.
“We are also working on medium-term solutions and long-term solutions.
“For us at the ministry of health, we are collaborating with the ministry of industry, trade and investment, and others to develop medium and long-term plans so that the situation we suddenly find ourselves in will not be here ever again.
“This cost of high pharmaceuticals that we are noticing now is due to inadequate planning in the past, but we are working on plans and solutions that will be durable and sustainable.”
Alausa added that the president is very committed to getting to the “end of this problem very quickly”.
“As we know, the president made a lot of campaign promises to revamp, improve, and put the healthcare system of Nigeria on a sustainable pathway,” he added.
“As we can see, Mr. President is meeting a significant chunk of his campaign promises, and he is going to meet all of his promises. The healthcare budget for 2024 is the biggest ever that we have had in the history of Nigeria.”
