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President Bola Ahmed Tinubu Signs Executive Order for Zero Tariffs, VAT on Pharmaceutical Inputs

President Bola Ahmed Tinubu has signed an executive order eliminating tariffs, excise duties, and value added tax (VAT) on imported pharmaceutical inputs. The order targets machinery, equipment, and raw materials crucial for local pharmaceutical production. This move aims to lower production costs and boost the competitiveness of Nigerian manufacturers. Included …

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