The experts in the report noted that with the closure of the Middle East due to the conflict, importation of drugs from China and India will become difficult, driving up costs while funding shrinks. Chairman of the Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria, Oluwatosin Jolayemi, said the impact of the conflict on drug prices may initially be modest, as manufacturers are making efforts to cushion the effect of rising logistics and energy costs. Similarly, the National Chairman of the Association of Community Pharmacists of Nigeria, Ambrose Ezeh, said the surge in global oil prices and supply chain disruptions were already increasing the cost of pharmaceutical production and distribution.
Author: Punch Newspapers
Published at: 2026-03-18 23:20:39
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