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President Tinubu Signs Executive Order To Introduce Zero Tax On Imported Pharmaceutical Inputs

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has signed an executive order to introduce zero tariffs, excise duties and value added tax (VAT) on imported pharmaceutical inputs.

Muhammad Ali Pate, coordinating minister of health and social welfare, in a statement on Friday, said the order is aimed at revitalising the Nigerian health sector and increase production of healthcare products.

“In a transformative move to revitalize the Nigerian health sector, His Excellency President Bola Ahmed Tinubu, GCFR @officialABAT, has signed an Executive Order aiming to increase local production of healthcare products (pharmaceuticals, diagnostics, devices such as needles and syringes, biologicals, medical textile, etc.),” Pate said.

“The Minister of Justice and Attorney General of the Federation @FedMinOfJustice, Prince Lateef Olasunkanmi Fagbemi SAN, @LOFagbemi, is to now take the next steps towards codifying the new Order.”

Pate said the order is crucial to the success of the initiative for unlocking the health care value chain (PVAC_NG), which was approved in October 2023 by the president.

“The Order introduces zero tariffs, excise duties and VAT on specified machinery, equipment and raw materials, aiming to reduce production costs and enhance our local manufacturers’ competitiveness,” he said.

“Specified items include Active Pharmaceutical Ingredients (APIs), excipients, other essential raw materials required for manufacturing of crucial health products like drugs, syringes and needles, Long-lasting Insecticidal Nets (LLINs) and Rapid Diagnostic Kits, among others.

“The Order also provides for establishing market shaping mechanisms such as framework contracts and volume guarantees, to encourage local manufacturers.”

According to the minister, the order mandates collaboration among the ministers of health, finance, as well as industry, trade and investment, to develop a harmonised implementation framework — expediting regulatory approvals and reducing bottlenecks.

Pate said agencies including the Nigeria Customs Service (NCS), National Agency for Food and Drug Administration and Control (NAFDAC), Standard Organisation of Nigeria (SON), and Federal Inland Revenue Service (FIRS) “will ensure swift implementation, with special waivers and exemptions effective for two years”.

“The implication of this order is pivot towards market-based incentives to encourage medical industrialization, reducing costs of medical products through import substitution over time, creating and retaining economic value and enabling job creation in the healthcare value chain,” the minister said.

Pate thanked Tinubu for his courage and commitment to ensure Nigeria is put back on the path to prosperity.

He also expressed gratitude to everyone who contributed to the ideas that culminated in the consensus that resulted in the significant milestone.

The development follows an appeal sent by TheCable on May 23 to Tinubu and other political leaders in the country for policy and legislative actions on the escalating cost of medications, also known as “drugflation”.

The publication identified key proposals from its webinar — which was held in April 2024 — in the appeal and requested the approval of an unambiguous executive order to tackle the identified health sector issues, and encourage patronage of local manufacturers.

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Lagos Government Calls For Calm From Residents As State Experiences Over 9hrs Torrential Rainfall

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Lagos State Government on Wednesday called for calm from residents over the flash flood which the incessant rainfalls experienced throughout the state since the early hours of the day had caused.

In a statement signed by the State Commissioner for the Environment and Water Resources Tokunbo Wahab, he explained that Lagos has experienced about 9 hours of non stop rainfall since the early hours of today.

He added that this is coupled with heavy rainfall which the state has been experienced on a daily basis since last week resulting in the level rise of the Lagos lagoon.

Wahab explained that the flash floods which inundated areas like Iyana Oworo linking the Third Mainland and several other areas will recede once the rains abate and the level of the lagoon goes down.

The Commissioner added that the State has also deployed officials of the Emergency Flood Abatement Gang to major black spots including Iyana Oworo which has been cleared of all blockages.

He urged all those in low lying areas to as a matter of necessity relocate to higher grounds at this period to safeguard lives and properties.

He also urged residents to desist from wading through floods with their vehicles as it takes only a feet of flowing water with high tide to sweep away a vehicle irrespective of the number of occupants.

The Commissioner also urged all residents to avail themselves of daily weather reports as issued by the State Ministry of the Environment and Water Resources as it serves as a guide to daily itinerary.

He reminded that Lagos is a coastal city with almost one third of its landmass under water, as such necessitating a genuine reason for every resident to be more responsive to the state of the environment.

He reiterated that the State Government on its part has embarked upon a year long maintenance and cleaning of all its secondary and primary collectors to be able to contain runoffs that may come from heavy rainfalls.

He added that residents on their parts are expected to regularly clean and maintain the tertiary drains in front of their tenements and refrain from dumping refuse in the drains for the collective good of everyone .

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Ghanaian Chef Smith Arrested For Forging Guinness World Record In Cooking Marathon [PHOTOS]

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Ebenezer Smith, a Ghanaian chef known as Millennium Chef Smith, has been taken into custody at the LA Police Station for allegedly falsifying a Guinness World Record for marathon cooking.

Smith had earlier presented a certificate to his fans at a press conference, claiming to have set a new world record for cooking non-stop for 820 hours and 25 minutes, from February 1 to March 6, 2024.

The event was attended by several celebrities, including Praye Tietia, Yaw Tog, Amerado, Kofi Jamar, and the Asakaa Boys.

However, it appears that Smith’s achievement has been called into question, leading to his arrest and detention.

During the briefing, which was held at La Palm Royal Beach Hotel in Accra, the chef said, “Today is the day that I will forever remember. I am incredibly humbled and honoured to stand before you today as the Guinness World Record holder.”

Earlier, the Ghanaian chef wrote in a social media post, “It is with great pleasure and honour that we inform the general public and the media about Millennium Chef Smith’s press conference.

“He will be announcing his results from the Guinness World Record for the longest cooking marathon by an individual. The event will take place at La Palm Royal Beach Hotel on Tuesday, July 2, 2024, at 2:00 pm. Thank you for your cooperation.”

Confirming the invalidity of his certificate to BBC, the PR Executive for GWR, Alina Polianskaya, said, “No, this is not true at all. He does not hold the GWR title, and that is not our certificate.

“The current and true record holder is: The longest cooking marathon (individual) is 119hr 57 min 16 sec and was achieved by Alan Fisher (Ireland) in Matsue, Shimane, Japan, from 28 September to 3 October 2023,” he added.

It was gathered that Smith had gotten money from many of his sponsors to attempt a cook-a-thon that he did not properly file in for GWR and was arrested by a sponsor identified as the owner (name withheld) of the Amadia Shopping Mall who donated about 350,000 cedis to the course.

Every attempt to contact the LA Police for a comment proved abortive. Their number was unreachable, and the mail was not delivered to the address provided on their website.

Irish chef Alan Fisher is the record holder for the longest cooking hours, having clocked in 119 hours and 57 minutes.

His feat is 24 hours more than the previous record held by Nigeria’s Hilda Baci.

“Alan Fisher (Ireland), an owner and chef of a restaurant in Japan, has broken two cooking-related Guinness World Records titles.

“First up, he’s claimed the longest cooking marathon (individual) after clocking in a time of 119 hours 57 minutes. That is more than 24 hours longer than the previous record held by Nigerian chef Hilda Baci.”

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South-East Governors To Meet President Tinubu Over Nnamdi Kanu’s Release

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The South-east Governors’ Forum has decided to meet with President Bola Ahmed Tinubu to request the release of Nnamdi Kanu, the leader of the Indigenous People of Biafra (IPOB), who is currently in detention.

This resolution was announced by Imo State Governor Hope Uzodinma, who is also the chairman of the forum, after a meeting in Enugu on Tuesday.

The meeting was attended by the governors of Abia (Alex Otti), Anambra (Chukwuma Soludo), Ebonyi (Francis Nwifuru), and Enugu (Peter Mbah).

Additionally, a delegation consisting of former President Olusegun Obasanjo, Emeka Anyaoku, Nnaemeka Achebe, and the Obi of Onitsha paid a solidarity visit to the forum.

Uzodinma said the forum has resolved to meet with the federal government to discuss the “pressing issues” in the south-east zone.

“The forum commiserated with the government and people of Abia state, Ebonyi state, Imo state, south-east Nigeria, and Chief Ogbonnaya Onu’s family on the demise of His Excellency, Dr. Ogbonnaya Onu,” the Imo governor said.

“The forum received the delegation of the former President Chief Olusegun Obasanjo GCFR, Chief Emeka Anyaoku, GCON, and His Royal Majesty Igwe Nnaemeka Achebe CFR, Obi of Onitsha, who came on a solidarity visit to the forum.

“The forum deliberated on the reviewed report of the south-east security and economic summit held in Owerri on the 28th of September 2023 and agreed to implement the aspects of the report pertaining to security and economic integration and affirmed its desire to put actionable plans on the key issues agreed.

“The forum resolved to visit Mr. President to discuss pressing issues concerning the south-east region.

“The forum also resolved to interface with the federal government to secure the release of Mr. Nnamdi Kanu.”

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