With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.
In his Democracy Day address in May 2012, President Goodluck Jonathan declared, “At the tertiary level, it is the policy of this administration that every state will have a federal university.” This vision has been backed up by some action, as his administration has overseen the establishment of nine new federal tertiary institutions since 2011,...
What are the key challenges for regulating pharmaceutical imports and monitoring distribution?
As one of the few remaining countries in the world still battling polio, Nigeria has made significant strides in reducing the threat of the disease in recent years. According to the World Health Organisation (WHO), the primary areas of focus in the global fight against polio eradication are indeed just northern Nigeria and the border of Afghanistan...
In 2009 the Pharmaceutical Group of the Manufacturers’ Association of Nigeria pegged the size of the pharmaceuticals industry in Nigeria to be at least $2bn per year. Other organisations, however, have offered up more conservative estimates. For example, Frost & Sullivan, a global market research and consulting firm, estimated the industry at $...
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