Government to Introduce Executive Order to Reduce Medicine Costs, Improve Healthcare Access

FG to issue executive order to slash medicine costs
FG to issue executive order to slash medicine costs

Nigeria’s federal government is on the brink of implementing an executive order aimed at mitigating the skyrocketing prices of pharmaceuticals and ensuring that essential medicines are within reach for all citizens. Ali Pate, the Coordinating Minister of Health, unveiled this plan to reporters following a Federal Executive Council (FEC) meeting chaired by President Bola Tinubu at the Presidential Villa.

Pate emphasized that the exorbitant costs of medications have rendered life-saving commodities unattainable for a large portion of the Nigerian population. The impending executive order is designed to not only foster the growth of local drug manufacturers but also to establish fair pricing mechanisms for vital medications.

The minister highlighted the context for this decision, citing the departure of major multinational pharmaceutical companies from the Nigerian market, which has effectively diminished competition and exacerbated the affordability issue.

In line with President Tinubu’s commitment to advancing healthcare access as part of the Renewed Hope Agenda, Pate underscored the significance of the executive order in addressing the pharmaceutical sector’s challenges. He asserted that the order reflects the administration’s dedication to placing the human capital, health, and social welfare of Nigerians at the forefront of its agenda.

One of the pivotal aspects of the order concerns the regulation of pharmaceuticals and medical devices, such as syringes and needles, to safeguard the well-being of citizens. Pate underscored the president’s directive for the Attorney General of the Federation to collaborate with the Ministry of Health in formulating this crucial executive order. This collaboration aims to assuage the burdensome costs of pharmaceuticals and medical devices that have burdened countless Nigerians.

Notably, the government’s efforts also extend to fortifying healthcare regulation and upholding citizens’ protection. Vital regulatory bodies, including the Medical and Dental Council, will continue to receive funding, exempt from the budget cuts affecting other professional associations. This decision underscores the government’s commitment to prioritizing the integrity of healthcare regulation, thereby affirming its pledge to serve and safeguard the nation’s populace.

Furthermore, in response to the pressing issue of healthcare worker shortages, the council has delegated the authority to approve recruitment waivers directly to the Health Ministry. This strategic move is set to expedite the hiring process and alleviate prolonged delays in addressing the scarcity of healthcare workers, notably streamlining the process to augment the healthcare workforce in Nigeria.

In conclusion, Pate reiterated the president’s steadfast determination to bolster the nation’s healthcare landscape, regain the trust of the Nigerian populace, and deliver tangible results in the new year. The government remains resolute in its commitment to safeguarding the health and well-being of all Nigerians, as evidenced by these decisive actions.

This executive order marks a watershed moment in Nigeria’s healthcare trajectory, promising to ameliorate the affordability of essential medicines and fortify the healthcare infrastructure, thus underpinning a transformative shift towards a more inclusive and accessible healthcare system.

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