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Pharma exporters to Nigeria will have a new facility of marketing cooperatives from next year. Under the scheme, exporters would be provided subsidised warehousing facility by the Pharmaceutical Export Promotion Council (Pharmexcil) as part of a scheme to be supported by the Ministry of Commerce, Ashutosh Gupta, Chairman, Pharmexcil, told newspersons on Wednesday. According to PV Appaji, Director-General of the council, exporters would be offered a subsidy of 75 per of the rental in the first year which would come down to 50 per cent and 33 per cent in the second and third year of operations respectively.
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