Common External Tariff will cripple Nigeria pharma industry –PMG
• ‘Impose 20 % Import Adjustment Tax, 0% raw materials imports to save us’ The ailing Nigerian health sector may be heading for another brouhaha if the Economic Community of West African States (ECOWAS)) and the Nigerian government do not jettison the recently adopted Common External Tariff (CET), the Pharmaceutical Manufacturers Group, an affiliate of the Manufacturers Association of Nigeria (PMG-MAN) has warned. In view of this, the PMG-MAN weekend raised an alarm over what it perceived as the dangerous implications of CET among other government policies, which it also said has dire consequences for the industry, national security and access to essential medicine. Fidson Healthcare Plc, Fidelis Ayebae, Managing Director/CEO; Sam Pharm Ltd, Ashwin Sagir; Former Managing Director, NEIMETH Pharm Plc, Sam Ohuabunwa; Chairman, Pharmaceutical Manufacturers group (PMG) Manufacturer Association of Nigeria (MAN) and MD, SKG Pharm, Okey Akpa and Vice President, PMG-MAN as well a