The National Agency for Food and Drug Administration and Control (NAFDAC) has concluded plans to shut down open-market pharmacies in Nigeria due to their adverse effects on drugs.
Director General of NAFDAC, Paul Orhii, made the announcement during the inauguration of a pharmaceutical facility,worth N70 million, built by Worldwide Commercial Ventures Limited in Matori, Lagos according to Punch.
“This pharmaceutical facility came at the right time when the Federal Government has ordered a close down of every open-market pharmaceutical businesses in the country. From July 2014, we are going to close down open-market pharmacies. You know drugs are chemicals. If you have them in an open place, sometimes, they react,” said Orhii.
According to reports, Worldwide Commercial Ventures’ objective is to build a state-of-the-art pharmaceutical facility “that will compete favourably with those found in other parts of the world.” The company also aims to contribute to the growth of the country’s pharmaceutical industry.