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NAFDAC suspends new tariffs on pharmaceuticals, others

June 29, 2019
in Latest Nigeria News, Nigeria News
NAFDAC suspends new tariffs on pharmaceuticals, others
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The Governing Council of the National Agency for Food, Drug Administration and Control (NAFDAC), says it has suspended implementation of the new tariffs which came into effect on 1st June, 2019.

The move, NAFDAC says, is to douse tension and assuage the yearnings of stakeholders in the pharmaceutical, food and allied industries.

According a statement signed by the director, Public Affairs, NAFDAC, Dr. Abubakar Jimoh, the decision was reached after a marathon stakeholders forum and meeting of the Governing Council.

The board says the decision was reached by the governing council of NAFDAC at a stakeholders meeting held recently in Lagos, and was disclosed by the chairman of the council, Inuwa Abdul-kadir.

He said the suspension of the new tariff is borne out of NAFDAC’s avowed commitment to promotion of the growth of Micro, Small and Medium Enterprises (MSMEs) in the country.

Abdul-kadir said that the need to carry along stakeholders in decision making was in line with global best practices and that NAFDAC would continue to promote the manufacture, exportation and importation of good quality products.

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