Pharmacists, patients lament hike in drug prices - News Summed Up

Pharmacists, patients lament hike in drug prices


Pharmacists and patients have lamented the increase in prices of drugs, saying the increase was up to 100 per cent. The pharmacists said the increase was a result of inflation, erratic foreign exchange rate and the increase in the prices of petrol. The Founder and Chief Executive Officer, HubPharm Africa, Sesan Kareem, said, “The purchasing power of people has drifted because of so many factors and unfortunately, the cost of drugs has increased significantly. The National Chairman, ACPN, Adewale Oladigbolu, said the hike might affect the delivery of quality health care in the country. Meanwhile, a diabetic patient, Mrs Nkechi Innocent, said a certain drug she used to buy for N3,500 had increased to N4,500.


Source: Punch July 23, 2023 13:02 UTC



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