The Coordinating Minister of Health and Social Welfare, Professor MUHAMMAD PATE has said the Federal Government will soon issue an executive order to curb escalating drug prices in the country.

Prof PATE who disclosed this at the third edition of the ministerial press briefing series initiated by the Ministry of Information in Abuja, explained that the executive order is a short-term goal in reducing drug prices.

He added that the Federal Government’s mid to long-term goals in reducing drug prices involve the domestication of imported drugs within the next three years in collaboration with the Ministry of Industry, Trade, and Investment.

The Minister also noted that pharmaceutical-grade warehouses at the federal level will be commissioned in April 2024.