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President Bola Ahmed Tinubu has initiated a move to crash the price of drugs in Nigeria. This is as he signed an Executive Order to introduce zero tariffs, excise duties, and Value Added Tax on specialized machinery, equipment and pharmaceutical raw materials to bolster local production of essential healthcare products. The announcement was made by the Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, on his official X page. According to him, the initiative focused on pharmaceuticals, diagnostics, medical devices such as needles and syringes, biologicals, and medical textiles, po…

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