• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 31, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Zero VAT For Pharmaceutical Manufacturers To Commence

by Leadership News
10 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

The Federal Ministry of Health and Social Welfare said it had finalised the Executive Order Harmonised Implementation Framework, which has now been cleared for gazetting.

Advertisement

The ministry said this would ensure that the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service can implement zero VAT and excise duties on pharmaceutical products and medical devices.

The ministry’s head of information and public relations, Alaba Balogun, disclosed this in a statement on Wednesday in Abuja.

He described the development as a significant milestone, as it opens the door for the local pharmaceutical and medical device manufacturers to begin fully benefiting from the relief measures outlined by President Bola Ahmed Tinubu in the Executive Order.

“With the implementation of this Executive Order, we anticipate a notable reduction in the prices of essential pharmaceutical products and medical consumables. This development aligns with the Ministry’s unwavering commitment to reducing the physical and financial pain faced by millions of Nigerians who depend on these critical health supplies,” he added.

RELATED

Reclaiming Benue’s Pride Of Place In Agriculture

Sokoto Gov’t Begins Sale Of N5.3bn Fertilizer To Farmers

6 hours ago
MTN Doles Out N290m In Ongoing Mega Promo

MTN Doles Out N290m In Ongoing Mega Promo

6 hours ago

Balogun further stated that the gazetting of the Harmonized Implementation Framework represents the realisation of the third pillar of the Ministry’s 4-point agenda, which focuses on unlocking the healthcare value chain.

“By creating an environment that supports local manufacturers, we are fostering a healthier, more self-reliant nation and ensuring that quality healthcare becomes more accessible and affordable for all.

The gazetted copies of the Harmonized Implementation Framework will be distributed to the relevant government agencies, including FIRS and Customs, for immediate action.

Today is another great day for our country and a massive win for the health sector. We are grateful to President BAT for his continued commitment to improving the healthcare sector and supporting our local industries,” he added.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: VAT
SendShareTweetShare
Previous Post

Kano Accident: IGP Approves N12.5m Compensation

Next Post

Nigeria, Japan To Deepen Trade, Development, Food Security

Leadership News

Leadership News

You May Like

Reclaiming Benue’s Pride Of Place In Agriculture
News

Sokoto Gov’t Begins Sale Of N5.3bn Fertilizer To Farmers

2025/07/30
MTN Doles Out N290m In Ongoing Mega Promo
News

MTN Doles Out N290m In Ongoing Mega Promo

2025/07/30
There Is Nothing Unusual Visiting Tinubu – Gov Diri
News

Bayelsa Gov’t Donates N100m To Support Adamawa Flood Victims

2025/07/30
BREAKING: Federal Gov’t Reverses 18-yr Entry Age For Varsity Education
Education

JUST-IN: Federal Gov’t Increases Scholarship Grants By 50%

2025/07/30
Benue Governor Launches Security Outfit, Donates Vehicles
News

JUST-IN: Gov Alia Sacks Cabinet, Appoints New Chief Of Staff

2025/07/30
CAS Tasks 30 New Pilots On Integrity, Commitment To Professionalism
News

CAS Tasks 30 New Pilots On Integrity, Commitment To Professionalism

2025/07/30
Leadership Conference advertisement

LATEST

Tinubu Meets Kwankwaso’s Ally Jibrin Amid Defection Rumour

Sokoto Gov’t Begins Sale Of N5.3bn Fertilizer To Farmers

MTN Doles Out N290m In Ongoing Mega Promo

Bayelsa Gov’t Donates N100m To Support Adamawa Flood Victims

JUST-IN: Federal Gov’t Increases Scholarship Grants By 50%

Coalition Not About Atiku’s 2027 Ambition — ADC

JUST-IN: Gov Alia Sacks Cabinet, Appoints New Chief Of Staff

CAS Tasks 30 New Pilots On Integrity, Commitment To Professionalism

IAWPA Inducts Amb Calvaliereh As Africa’s ‘Most Peaceful Man 2025’ In Ethiopia

INEC, NOA Close Ties To Strengthen Voter Education, Mobilisation

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.