Lower cost of drugs, health care expected, as Nigeria implements zero VAT on pharmaceutical products

The federal government has finalized the executive order to implement zero value-added tax (VAT) and excise duties on imported pharmaceutical products and medical devices, in a significant move to revitalize the Nigerian health sector. This development, announced by Tunji Alausa, Minister of State for Health and Social Welfare, on Wednesday, is expected to enhance the [...]The post Lower cost of drugs, health care expected, as Nigeria implements zero VAT on pharmaceutical products appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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