The shortage of foreign exchange is gradually grinding drug manufacturing to a halt
The shortage of foreign exchange is gradually grinding drug manufacturing to a halt

Nigeria faces drugs crisis due to lack of foreign currency

15 September 2016

Nigeria is facing a medicine shortage that could lead to an “upsurge in disease, health complications and death” a medical association has warned.

The Pharmaceutical Society of Nigeria (PSN) has said the scarcity of foreign exchange (forex) in the country could cause and “absolute drought of raw materials” for the manufacturing of medicines because most of the industry imports key ingredients.

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