The President, Pharmaceutical Society of Nigeria, Ahmed Yakasai, says the country has enough human resources and raw materials to produce pharmaceutical drugs locally as seventy percent of drugs are imported into the country.
Yakasai while addressing a press conference at the Pharmaceutical Society of Nigeria House, Ilorin, the Kwara State Capital, said only thirty percent of the drugs are produced locally.
The President of the Society explained that at least seventy percent of drugs consumed in Nigeria are supposed to be sourced for locally, attributing the challenges to poor or decayed infrastructure, and exorbitant taxes as the factors hindering local production of drugs.
He said with the coming on board of Dangote Petrochemical Company at the end of this year, pharmaceutical industries would be able to source for chemicals locally and improve local production of drugs in the country.
As the custodian of drugs, the President of the Society believed in quality of drugs and service to humanity, assuring Nigerians that the circulation of illicit drugs would be checked.