NORTH KOREA FIRED SEVERAL BALLISTIC MISSILES INTO THE SEA. (PHOTO).

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 North Korea fired several ballistic missiles into the sea Monday, South Korea’s military said, hours after South Korean and U.S. troops kicked off their large annual combined drills, which the North views as an invasion rehearsal.  South Korea’s Joint Chiefs of Staff said the missile firings, North Korea’s fifth missile launch event this year, were detected from the North’s Hwanghae province but gave no further details such as how far they flew.  Earlier Monday, the South Korean and U.S. militaries began their annual joint military exercises, which are scheduled to last 11 days. The Freedom Shield command post exercise began after the South Korean and U.S. militaries paused live-fire training while Seoul investigates how two of its fighter jets mistakenly bombed a civilian area during a warm-up drill last week.  The drills' start drew the condemnation of nuclear-armed North Korea, which issued a government statement calling the exercises a “dangerous provocative act...
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REMOVAL OF VAT, IMPORT DUTIES ON MEDICAL SUPPLIES CHANGED NOTHING- SHEHU SANI. (PHOTO).

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 Removal of VAT, import duties on medical supplies changed nothing – Shehu Sani


Former lawmaker, Senator Shehu Sani has suggested that the removal of the customs duties on imported drugs has not reflected in the prices of medical supplies.


Sani said even with the policy, there has not been a drop in prices of drugs at the pharmaceutical shops despite President Bola Tinubu signing an executive order to suspend import duties.


“The removal of the customs duties on imported drugs has not resulted to a drop in prices of drugs at the pharmaceutical shops,” the ex-lawmaker posted on X on Sunday.


DAILY POST reported that Tinubu in June signed an executive order to suspend import duties and value-added tax on essential medical supplies imported into the country.


This was aimed at easing the high cost of locally producing pharmaceuticals, diagnostics, and medical devices such as needles and syringes, among others.


Minister of Health and Social Welfare, Muhammad Ali Pate, who announced the development said: “The order is pivotal to the success of the Initiative for Unlocking the Health Care Value Chain which was approved in October 2023 by the President.


“The order introduces zero tariffs, excise duties and VAT on specified machinery, equipment and raw materials, aiming to reduce production costs and enhance our local manufacturers’ competitiveness.”

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