Herbal medicine is capable of contributing about $500million to the Nigeria’s annual revenue, if properly harnessed, managed and funded, the Director-General, Nigeria Natural Medicine Development Agency, NABDA, Etatuvie Samuel, has said
The NABDA DG spoke during a two-day workshop organised for traditional medicine practitioners, manufacturers, small medium scale herbal medicine producers, interested members of the public and stakeholders in traditional medicine in Abuja.
“Government may not be able to discourage Nigerians from patronising Chinese and Indian herbal medicine until we fully develop ours. Locally made herbal medicine are capable of contributing no less than $500 million to the nation’s yearly earnings if properly harnessed, managed and funded,” he said.
Samuel said generating this money from locally made herbs is possible, given the vast nature of raw herbs available, the huge market and huge interested practitioners.
