Naira Depreciation Drives Drug Import Costs to N900bn

The import prices of pharmaceutical products in Nigeria are expected to soar above N900 billion in 2024 due to the continuous depreciation of the naira. This anticipated increase in drug costs is poised to further burden Nigerians who already struggled with high drug prices throughout 2023. Data sourced from the International Trade Center (ITC) indicates … Continue reading Naira Depreciation Drives Drug Import Costs to N900bn