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FG Targets 70% Local Pharmaceutical Production By 2030

The Coordinating Minister of Health and Social Welfare, Ali Pate, says the Federal Government, in line with the Presidential Initiative...

The Coordinating Minister of Health and Social Welfare, Ali Pate, says the Federal Government, in line with the Presidential Initiative for Unlocking the Healthcare Value Chain, seeks to increase local manufacturing of pharmaceuticals and medical devices to 70% by 2030.

Pate disclosed this on Sunday in a video post shared on his X (formerly Twitter) handle.

He also hinted that the initiative seeks to ensure that a large portion of the vaccines consumed in the country are also produced locally.

”This historic development would not have been possible without the critical work of the presidential initiative to unlock the healthcare value chain, PAC, undertaken since its establishment by the president in November 2023 under the leadership of its national coordinator Dr. Abdu Mukhtar , which has led to several high-value investment commitments and for the initiative that has the mandate to increase local manufacturing of pharmaceutical products in Nigeria to at least 70% of locally consumed pharmaceuticals and a large portion of the vaccines that we consume by 2030,” the minister said.

According to him, the initiative also aims to significantly increase the number of full-time employees working in life sciences manufacturing by tens of thousands, up from the current workforce of approximately 20,000

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