President Bola Tinubu signed an executive order to eliminate tariffs, excise duties, and VAT on imported pharmaceutical inputs, aiming to revitalize Nigeria's health sector.

President Bola Tinubu signed an executive order to introduce zero tariffs, excise duties, and VAT on imported pharmaceutical inputs. This move aims to revitalize Nigeria's health sector and increase local production of healthcare products. The order is expected to reduce production costs and enhance local manufacturers' competitiveness by introducing zero tax on specified machinery, equipment, and raw materials.