The Federal Government has disbursed a total of N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base and boost local production of medicines and medical consumables.
President Muhammadu Buhari announced this while receiving the new Executive Members of Nigerian Medical Association (NMA).
The President explained that the loan was extended through the Central Bank of Nigeria’s support to the private pharmaceutical sector.
He said the Health Sector Reform Committee chaired by Vice-President Professor Yemi Osinbajo, is currently exploring models for revitalizing the nation’s healthcare system, in ways that improve quality of care and the benefit package to care providers.
