The situation is more terrifying with major drug manufacturing companies folding up their operations in Nigeria as the environment for business becomes more difficult. Nigerians with health challenges are in grave danger as the prices of medicines are now beyond the reach of most people.
Steadily, the depreciation of the naira against the US dollar and other major global currencies, since President Bola Tinubu assumed office, and the deregulation of the foreign exchange market, sparked a chain of economic crises, in which healthcare delivery has become one of the major casualties. The concern does not demand the usual government’s tokenism, but an effective emergency response. The situation is more terrifying with major drug manufacturing companies folding up their operations in Nigeria as the environment for business becomes more difficult. There is also the underlying problem of the mass exodus of medical doctors, nurses and other paramedics to Europe, the United States, Canada and Saudi Arabia for better pay and working environmen