The Chief Executive Officer, of Neimeth International Pharmaceuticals Plc, Matthew Azoji, said, “First of all, the effect of substandard medicines on the health of Nigerians is not only that there would be failure in the treatment – some of those substandard also have the tendency of destroying the health of the individual who is taking them. They may not be able to know what they are taking and at the end of the day, the health of the person is worsened.
Also, those drugs can cause organ damages, for example, kidney failure which will essentially require more money to be spent for the person to survive.”Famuyiwa was of the view that substandard drugs could lead to extra expenses. “The person being treated will end up spending more to achieve a cure because when those substandard fail to work, patients will still have to spend more money again to buy genuine drugs to be able to achieve a cure.
“Not only are they damaging the health of the individuals, they are taking the market from genuine companies, thereby affecting the economy of the country. The genuine companies that pay taxes and support the employment structure will have their market taken away. If their markets are taken away, their businesses will go down, and the more their businesses go down, the more their contribution to the GDP of the country is reduced significantly.
According to the PMGMAN scribe, Muonemeh, “For me, these things are bound to happen because we know the purchasing power. You are very aware of the current dollar rate, that the purchasing power of people is no more strong.”“It’s tough for manufacturers.
Onye Igbo
Let's stop importing what we can produce. Different pain killer in the market from overseas. Let's use ours. Let's make naira strong.
Wait till we have the Drug Lord President.