Nigeria termed big market for Pak pharmaceuticals

April 14, 2013 Off By Web Desk

Karachi: Ahmed Ali Sirohey, the Deputy Ambassador of Pakistan at Nigeria stressed the importance of Nigeria as a big market for Pakistani Pharma Products. In the year 2012, approximately US$1.1 billion worth of medicines were imported by Nigeria, he informed while addressing a reception in honour of leading Nigerian Pharma industrialists led by Ahmed Ibrahim Yakasai which was hosted by Nadeem Chandna, Chairman South Pakistan Pharmaceutical Manufacturers Association (PPMA).

Sarohi emphasized that this was the right time for the Pakistani exporter to enter the Nigerian market as after two to three years later it would become very difficult as the local manufacturers’ establish themselves in the business. He informed that the present Director General of NAFDAC (The National Agency for Food and Drug Administration and Control) was a Nigerian government agency under the Federal Ministry of Health that was responsible for regulating and controlling the manufacturer, importation, exportation, advertisement, distribution, sale and use of food, drugs, cosmetics, medical devices, chemicals and packaged water.

He explained further that the People of Nigeria rated Pakistani Pharma products equal to European Countries; even the Indian Doctors prefer to prescribe Pakistani medicines. He urged the audience to visit Nigeria and witness the magnitude of the opportunity awaiting them. He said that a large number of Indian and Chinese companies were doing business and now European companies had also stepped into the market.

He assured his assistance and services to Pakistani exporters. In reply to a suggestion to include PPMA Recommendation letter for getting visa, he replied that he would see the possibility of doing the needful and demanded PPMA to appoint a focal person for liaisons.

Ahmed Ibrahim Yakasai addressed the audience and invited Pakistani exporters to do business with Nigeria. He also invited Pakistani exporters to market their products in Nigeria. He expressed gratitude towards PPMA for providing the occasion to meet important personalities that would be helpful for strengthening the relation and business between Pakistan and Nigeria.

Nadeem Ahmed Chandna welcomed all guests and thanked them for their interest in Pakistani Pharma sector. Former Chairman PPMA Dr. Kaiser Waheed also spoke.