Nigeria imports drugs worth $1b from Pakistan

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Highlights - Corporate News

Approximately US$1.1 billion worth of medicines were imported by Nigeria in the year 2012, said a Pakistan diplomat in Nigeria, Ahmed Ali Sirohey. Addressing a reception hosted by Chairman South, Pakistan Pharmaceutical Manufacturers Association (PPMA) Nadeem Chandna, he said it was the most appropriate time for PPMA to expand market for their pharmaceutical products in Nigeria. The reception was hosted in honour of leading Nigerian pharma industrialists led by Ahmed Ibrahim Yakasai.

Ahmed Ali Sirohey said that the people of Nigeria rated Pakistani pharma products equal to European products and that even the Indian origin doctors prefer to prescribe Pakistani medicines. “The environment is extremely conductive and our country’s drug and pharmaceutical manufacturers must take advantage of it,” said the Pakistan diplomat in Nigeria.

He asked the PPMA members to visit Nigeria and witness the magnitude of the opportunity awaiting them. Sirohey said that a large number of Indian and Chinese companies were doing business and now European companies had also stepped into the market.

He on the occasion also mentioned that in Nigeria, a National Agency for Food and Drug Administration and Control (NAFDAC), functional under the central ministry of health, was responsible for regulating and controlling the manufacturer, import, export, advertisement, distribution, sale and use of food, drugs, cosmetics, medical devices, chemicals and packaged water. The Pakistan diplomat, on behalf of the embassy, assured all assistance and services to Pakistani exporters.

In reply to a suggestion to include PPMA Recommendation letter for getting visa, he replied that he would see the possibility of doing the needful and suggested ointment of a PPMA focal person for liaisons. Nigerian industrialist, Ahmed Ibrahim Yakasai on the occasion invited Pakistani exporters to do business with Nigeria. He also invited Pakistani exporters to market their products in Nigeria.

Yakasai expressed gratitude to PPMA for providing the occasion to meet important personalities that would be helpful to strengthen business relationship between Pakistan and Nigeria. The event was also addressed by Nadeem Ahmed Chandna and former chairman of PPMA Dr. Kaiser Waheed.

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