Nigeria, Feb. 27 -- The Federal Competition and Consumer Protection Commission (FCCPC) has initiated discussions with key players in the pharmaceutical and healthcare sectors to address the soaring cost of medications in Nigeria.

The move comes amid growing consumer complaints over sharp price variations and affordability concerns.

The Executive Vice-Chairman and Chief Executive Officer of the FCCPC, Tunji Bello, represented by the Director of Surveillance and Investigations, Boladale Adeyinka, chaired the meeting on Wednesday in Abuja.

The commission stated that the Federal Competition and Consumer Protection Act 2018 empowers it to investigate the factors behind the rising drug prices.

Drug prices in Nigeria have surged significantl...