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Babytejiri's Posts

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Business / Re: Feasibility/business Plan On Cooking Gas Refilling Plant by babytejiri(m): 12:12pm On Aug 04
Anyone interested in obtaining an LPG business plan in Nigeria
Travel / Re: Some Things To Note When Attending US Visa Interview in Abuja by babytejiri(m): 10:23am On Jul 26

Maybe You've quickly forgotten about Nairaland's Data loss. tongue

Whenever you are ready, the first step would be to find out how to fill the US DS-160 visa application form.
Business / Re: Phamacy Or Chemist Shop Business by babytejiri(m): 8:12am On Apr 30
Pharmacy business plan and feasibility studies in Nigeria. Get started today.
Education / Re: School Activities by babytejiri(m): 6:13am On Apr 30
Education / Re: What Is The Cultism Situation Like In Your School by babytejiri(m): 6:11am On Apr 30
This study has to ascertain the influence of Exra-curricular activities on academic performance of secondary school students in Effium Local Government Area in Ebonyi State
Education / Re: 5 Tips For Embarking On Adult Education In Nigeria by babytejiri(m): 5:58am On Apr 30
The factors militating against adult education in Nigeria has posed serious problems on the part of both participants, instructors and the organizers, since the introduction of adult education in Nigeria.
Education / Re: Adult Education In Lagos by babytejiri(m): 5:56am On Apr 30
The factors militating against adult education in Ezza-North Local Government Area has posed serious problems on the part of both participants, instructors and the organizers, since the introduction of adult education in Ezza-North Local Government Area.
Education / Re: Computer Science Curriculum For Secondary Schools Needed by babytejiri(m): 11:02pm On Apr 29
Problems of teaching computer science education in secondary schools is inherent because most of the teachers who are supposed to teach these computer assisted instructions do not have the basic knowledge of computer.
Programming / Re: A Way Forward For The Field Of Computer Science In Nigeria by babytejiri(m): 10:59pm On Apr 29
Some of the problems hindering the teaching of computer science education in secondary schools is that most of the teachers who are supposed to teach these computer assisted instructions do not have the basic knowledge of computer.
Politics / Re: Remote, Immediate Causes Of Crimes, Insecurity And Instability In Nigeria by babytejiri(m): 1:59pm On Apr 29
Family instability - Causes and consequences

In the West, I mean most European countries and North America, it is not unlikely that people get away with crimes but once it becomes public knowledge or the person gets caught, there is no hiding place, the law takes its natural course and the culprit must pay for it no matter how highly placed he/she is.

6. There is no doubt that Nigeria is endowed with a plethora of unpatriotic, unscrupulous and greedy leaders. Leadership in Nigeria is a do-or-die affair, it is not about competition of ideas or rendering selfless service as is the case in most Western Countries. A leadership position in Nigeria is seen as a lifetime opportunity for one to enrich himself and exonerate the next twenty generations of his family from poverty. The so-called ‘security vote’ has become a conduit pipe for siphoning money from the government coffers. Like they say, a leopard cannot change its skin.

7. Unemployment and lack of record/database of criminals also in no small measure, contributes to instability and insecurity not just in Nigeria but in any other place. The saying goes that, ‘a hungry man is an angry man’. No wonder many western countries pay unemployed people stipends or give them food stamps. We have a superfluity of unemployed people and graduates in Nigeria and the jobs are not forthcoming despite the promises by politicians. Some of these unemployed people take to wheeling-dealing while other ones inadvertently go into crimes to survive. Don’t forget that our society is such a place that the affluent like to flaunt their wealth whether ill-gotten or not. So imagine where an average unemployed graduate that spent 4-5 years in the higher institution is constantly intimidated by money-bags that probably never went to a secondary school. Such unemployed graduate may be tempted to kidnap the so-called big-man or any of his relatives and extort money from them.

There is paucity of a comprehensive database of ex-convicts or criminals in Nigeria. The implication of this alone has far-reaching effects on instability and insecurity. There abound cases of ex-convicts serving even in the Security Agencies. How can we combat insecurity when we don’t have a comprehensive record of those that have committed one offence or the other in the past.

Also related to the above point is the fact that our Security Agencies needs to be more proactive rather than been reactive. The ranks and file of our Security Agencies need constant training and re-training. They must also be well-equipped to tackle the type of security challenges prevalent today. You don’t expect good result when a Police officer with just an O’ level is investigating a Cyber crime. Their remuneration is also nothing to write home about hence they are not motivated to do their job.

8. Nigeria is probably the only country I know of where the sale of chemicals and to a larger extent, drugs are unregulated and where anybody and everybody can waltz into a shop and buy any quantity of chemicals without questions been asked. Hence it is very easy for terrorist to buy some of the raw materials and ingredients like acetone, fertilizers etc that can be used to produce Improvised Explosive Devices (IED’s). I recall an idea was mooted sometime ago for the Chemical Society of Nigeria to be involved in licensing chemical dealers. I don’t know if that policy saw the light of the day. It is not late to enact a law if one is not existing that will effectively regulate the selling of chemicals etc.

9. The recent SIM card registration exercise may just be a time bomb waiting to happen. One is not aware of any Data Protection Act or law that stipulates how personal information should be protected and penalties where there is a breach. As usual, the whole idea and exercise was rammed into our throat. Deadlines for SIM registration were been bandied about, you will think it was some kind of emergency. Of course dissenting opinions are seldom tolerated here and offering constructive criticism makes one unpatriotic. The alacrity with which the whole thing was done, you will think it is the panacea to all our security challenges. Billions of naira was sunk into this project. There is nothing to show that the SIM card registration exercise is a success. How are we even sure ‘’Mr A’’ that registers him SIM is who he claims to be since we don’t have a comprehensive database of Nigerians? Don’t forget that with roaming, one can use the SIM card from any country in Nigeria. Even if all Nigerian are forced to register their SIM’s, one with a criminal intent can get an unregistered SIM from any other country, roam it and use it to perpetrate criminality in Nigeria.

One is not sure if calls can be tracked in real time here in Nigeria. If this is the case, the most that can be done is to work out the coordinates of the nearest telephone mast to the approximate distance AFTER the call must have ended and a smart culprit must have moved.

Concentrating all our personal information-pictures, names, addresses, fingerprints etc in a single database without adequate security is definitely a national disaster waiting to happen. Terrorists can hack or access our personal information if they are not well encrypted or secured. My fingerprint is very personal to me. One’s fingerprint is like one’s blood; in fact it is even more personal than the blood because no two individuals on earth have exactly the same fingerprint whereas two or more people can have the same blood group and genotype. Hence it goes without saying that if you want me to volunteer my fingerprint under whatever guise, I need a guarantee that it will be kept safe and will not fall into wrong hands. The last time I checked, according to global best practice, it is only the fingerprint of a convicted criminal that can be taken with or without his consent.

10. Our borders are to say the least simply porous! With our extensive borders, people can waltz in and out of Nigeria without detection. Oil bunkering is prevalent because our coastal borders are not adequately patrolled. Proliferation of arms and ammunitions are also common-place courtesy of our porous borders. The Nigerian Immigration Service, Customs, Navy and the Nigerian Air force must synergize to ensure that our borders are effectively patrolled. If need be, perhaps we can do what the Americans are doing in their borders with Mexico by erecting perimeter fencing and electronic surveillance in particular hot-spots.

Solutions Proffered To The Aforementioned Problems.
Having identified the raison d’ etre of instability and insecurity in Nigeria, an attempt is hereby made to proffer solutions.

If we must surmount the aforesaid threats to our well being as a nation, then we must begin to tell ourselves the home truth no matter how bitter it may be.

One of the first and very important steps we must take to curtail instability and insecurity is for us to embrace a Political system of government that gives more power to the federating units rather than concentrating so much power at the centre. Even the so-called federalism we claim to practice is adulterated. We have corrupted what federalism represents. True federalism as practiced by the Americans will no doubt eliminate the frequent agitation inherent in our polity. Sequel to our diverse ethnic nationalities, diverse cultural and religious backgrounds, One tends to have an affinity for a system of government akin to the British model- devolution or a variant of it minus the monarchy aspect. After more than 300 years or so of uneasy political marriage, Britain with 3 or 4 constituent nations-England, Wales, Scotland and Northern Ireland, appreciates the need and benefits of devolving Powers to the constituent countries. Scotland inter alia, has its own Police force, currency, parliament etc.

The problems and realities that gave birth to Nigeria’s civil war in 1967 are yet to be dealt with. Whether we shy away from the home truth or not, the implacable geometrical trend in instability and insecurity in Nigeria can be reconciled to the quest for Political Power and Relevance by the various nationalities that people Nigeria. The Niger-Delta militants agitated and were promptly pacified with an amnesty program and with one of their own emerging the Vice President and subsequently the substantive president.

Several years ago it was the dreaded Maitesina that was unleashed terror. Today it is the Boko Haram. Who knows, tomorrow, the Movement for the Actualization of the Sovereign state of Biafra (MASSOB) will be tempted to take up arms since violence is the only language that the Nigerian leadership understands.
There was so much excitement over the offer of Boko Haram to negotiate with the government. These guys are playing a dangerous hide and seek game with the Nigerian Government. They are waging a psychological warfare and it would seem they have the ace. The Nigerian government must not negotiate from a position of weakness or helplessness. Sometimes, an offer of negotiation may just be a ploy by the other party to re-strategize, regroup, and advance. Let us hope for the best but prepare for the worst.

This entire hullabaloo about negotiating with every group that raises its ugly head is tantamount to postponing the evil day. Let us be ready for the consequences as we set a precedent of negotiating with every irrational person or group. Something is not quite right with the foundation of Nigeria, its high time we summoned courage and dealt with the nitty-gritty once and for all rather than chasing shadows and postponing the evil day.

Secondly, to eradicate or curtail instability cum insecurity, we need to strengthen our judicial system by ensuring that justice is dispensed no matter whose ox is gored. Nepotism and a culture of impunity must also be eschewed from our national psyche and life. Nigeria must be an egalitarian nation and not a country where there are two sets of rules-one for the rich and another for the poor. Nigerians must not be made to suffer in the midst of plenty!
Thirdly, serious, concerted and visible effort must be geared towards exterminating corruption and injustice in Nigeria. EFCC, ICPC must be INDEPENDENT! There must not be sacred cows or smoke-screens! A situation where the Attorney-general of the federation or the minister of justice can arbitrarily and unilaterally terminate or discontinue any case instituted by the EFCC, et al, no matter the merits of the case, should be looked into as it is subject to abuse.

Measures must also be put in place to ensure quick dispensation of justice. In Nigeria, people commit an offence that has say, a five years maximum sentence and they spend six years in jail awaiting trial. Let justice be done and seen to be done.

Fourthly, merit must not be sacrificed on the altar of State of origin/Indigenship or the so-called Quota system. Laws must be made that guarantees every Nigerian, the right to reside in any part of Nigeria and be entitled to what every other person there is entitled to. I understand we have such laws; those laws must not just be paper-tigers, they must be enforced and workable.
This issue is the root of the imbroglio in Jos and some other parts of Nigeria. The Hausa/Fulani tribes in Jos are still seen as strangers even though some of them, their Parents, grand and great-grand parents were born in Jos and have no other place as home.

Fifthly, we must strengthen and encourage our institutions. As Obama once said, Africa needs strong institutions, not strong men. Our institutions must walk the talk and not just be paper-tigers. All citizens must be equal before the law. The culture of foisting candidates on the electorate during elections must stop. Elections must be free and fair and a system should be put in place that ensures only Patriotic and unscrupulous individuals hold positions of responsibility.

Similarly, unemployment must be seriously tackled and curtailed. The private sector must be encourage and supported to create the much needed jobs. Constant electricity supply will no doubt boost employment and increase productivity.
Lastly and very important is that we must jettison our fire brigade approach to solving problems be it security or otherwise. More often than not, we wait until the harm is done before we start running helter-skelter. We must embrace an intelligence gathering method. Problems, crises etc must be nipped in the bud before they escalate. Prior to his death, Osama Bin Laden seemed to be larger than life for about a decade but through intelligence, America finally tracked him down and eliminated him.

Our Police and other security agencies must be well-equipped and trained/re-trained to tackle present day security challenges. Qualified and bright individuals should be encouraged with good incentives to enlist into the Security Agencies. The police must not be a dumping ground for dullards. One is encouraged with the recent enlistment exercise of IT professionals into the officer cadre of the Nigeria Police. Other professionals should be wooed too. The Nigeria Police is also reported to have upped the ante by making Ordinary National Diploma and NCE the minimum requirement for potential recruits into the Police. Recruitment exercise must be transparent. Merit must not be sacrificed in the altar of god-fatherism. The Police forensic laboratory must be well-equipped, funded and staffed with qualified personnel.

Security is not necessarily rocket science; no wonder even nitwits find very comfortable careers in crime and terrorism. A lot of common sense can help to maintain security. The problem is that common sense is no longer common these days. An iota of omission or negligence can have severe security implications and consequences. Even the Scripture says, ‘watch and pray’.

Nigerians must be continually sensitized to be security conscious. We have a culture of taking everything for granted over here. Security is a collective responsibility. Our lackadaisical attitude to security must cease. In most Western countries, people take note of a new neighbor when s/he moves into the neighborhood. You will be surprised you wander up and down a street in a typical Western nation and the next thing you see are police cars blaring their sirens. Apart from the security cameras everywhere, probably an elderly man or woman must have tipped the police off. Here in Nigeria, most of us do not know our next door neighbor not to talk of other neighbors living the next street. We don’t know or care what our neighbors’ are into.
The National Orientation Agency, the State Security Service etc have to be more proactive. Enlightenment campaigns must be ongoing.

Don Okereke
(Security Analyst & Consultant)
Abuja, Nigeria.

Family / Re: Reasons Why Most Marriages Fail In Nigeria by babytejiri(m): 1:50pm On Apr 29
Here you can find the factors responsible for family instability. Enjoy
Family / Re: What Are The Factors Influecing Marriage Instability In Nigeria? by babytejiri(m): 1:46pm On Apr 29
i have this as a project topic. can someone help me out with the references?

The causes and consequences of family instability
Jobs/Vacancies / Re: Reasons Why Majority Of Nigerian Youths Are Unemployed by babytejiri(m): 1:34pm On Apr 29
Jobs/Vacancies / Re: UNEMPLOYMENT IN NIGERIA: Causes And Solution by babytejiri(m): 1:32pm On Apr 29
Politics / Re: Youth Unemployment In Africa: Causes,effects And Solutions by babytejiri(m): 1:31pm On Apr 29
Business / Re: A Business Plan On Palm-oil Processing by babytejiri(m): 6:43am On Apr 28

We have prepared a feasibility study on palm oil production in Nigeria. You or anyone else can get in touch.
Business / Re: Enlightenment On Palm Oil Business In Nigeria by babytejiri(m): 6:40am On Apr 28
Business / Re: Palm Oil Business by babytejiri(m): 6:37am On Apr 28
Please i want to start now and buy palm oil and keep when the price really go up i sells it. Please who knows which month d price always drop and which month d price always goes up. Please epp a brother with experience. Thank you.

You will find such information in our palm oil mill business plan
Business / Re: How Much Do I Need To Start A Fish Farm by babytejiri(m): 6:20am On Apr 28
Agriculture / Re: Is Fish Farming As Lucrative As People Make It ? by babytejiri(m): 6:11am On Apr 28
Have you obtained your own copy of our business plan on fish farming today?
Agriculture / Re: How To Start Your Own Fish Farm by babytejiri(m): 1:04am On Apr 28
A fish farm or fish based business could easily generate a good amount of money.

Even if you are not a traditional fish farmer, you could easily make a steady income from your home, using aquaculture fish farming techniques.

Fish is increasingly becoming more popular as a source of protein, and it could easily feed a small family with little cost or overheads.

There are also other benefits of fish farming.

Starting your own business

Starting any kind of business needs knowledge and experience in the related field. If you are new to the fishing business, it might be a good idea to start small and gather experience as you progress.

Managing a business requires many of the administrative skills, be it fish farming or any other business. It also means that you will not have a boss to give you directions and you will have to make decisions on your own, or with your partners.

Your first step - gain knowledge

To start your own in the aquaculture fish industry, you must first learn all about fish farming. Learning about fish farms will prepare you to make educated decisions.

Visit some of the fish farms in your locality or meet with people just like you who have entered the fish industry. The internet is vast source of knowledge.

Consider signing up for classes visit webinars and such, if you can, to gather more information about the business.

Every business has its own challenges, and you should do whatever it takes to gain firsthand knowledge about the business.

Taking a part time job at local fishery might also give you hands on experience.

Set your goals

Setting your goals before you start your business is very important at the beginning of your venture.

You should know exactly what you are going to produce, in what amounts, how many people you will need, how much money you will spend, and how much profit you can expect from your business.

This would be the first step for you towards making a business plan. Preparing a business plan will allow you to incorporate your business, get necessary government documents or licensing.

You will also need a business plan to get funding from a bank or get investors.

Analyze your market

Once you know what your options are and how much money you need, the next step should be analyzing your target market.

Who are your buyers?
What type of fish is most profitable?
How much can you supply?
Have you contacted anyone for your special needs or in case an emergency arises?
Have you considered all expenses associated with your business?

You need to think all these through.

Setup your business

Since you want to start small, you can setup a fishing pond right in your backyard. It is also possible to raise fish in a fish tank in your garage or indoors.

You can easily get all the supplies you need to set up your small fish farm and start fish farming. If you have buyers ready or know that you can easily sell your fish, make your fishing pond or tank big enough to make enough production.

Buy your supplies at wholesale prices. You can find wholesale fish supply stores online as well.

Fish farming - Building sustainable fish farm in your backyard

If you have decided to operate from home, you could designate a place in your backyard for a pond. You could easily dig a pond, and put fish in it.

You may have to process your water to make it suitable for young fish. You can buy small bags of fish from hatchery near you.

Make them you feed your fish with appropriate proper diet and take care of your pond or fish tank.

Harvest your fish and enjoy!!!

You can check out more business related articles at http://bisthoughts.com/

Thanks for this article on how to start your own fish farm
Business To Business / Re: Business Plan For Poultry by babytejiri(m): 12:10am On Apr 28
Want a poultry farming business plan PDF? Look no further
Agriculture / Re: Reasons Why Fish Farmers Fail In Nigeria by babytejiri(m): 11:52pm On Apr 27
Why Nigerian Fish Farmers Fail in Fish Farming.

1. No Market: Bad fish farmers start looking for a market for their fish when the fish are ready for sale. Meanwhile, because they are still feeding, the pond attains its maximum loading and fish stop growing. The longer the fish stay in the pond after they have stopped growing, the smaller the profit margin.

2. Poor Farm Siting: Such as in a place with inadequate water supply, poor soils for pond construction (e.g. may be rocky), far away from markets and/or supplies, etc.

3. Poor farm and facility design: Pond dikes not compacted properly, leak a lot, may be too shallow, and consequently construction and maintenance costs become too high while optimum yields are not achieved. Poor accessibility to ponds, requiring workers to walk across difficult terrain to transfer fish from pond to vehicle or vice-versa.

4. Poor Investment Plan: Several farmers assume that to be a commercial fish farmer one must have several large ponds. Hence, they construct many ponds at once, which constrains their cash flow. Because of this, some farmers take a while to start production or may only afford to start production in one pond after all the investment.

5. Lack of Technical Knowledge: Start production before knowing what management options are available or how to farm fish.

6. Do not employ the right people. Entrepreneurs employ the right people who are qualified for a specific job. Hiring family members who have little or no desire to learn proper fish farming techniques is a liability because most people find it difficult to dismiss them even after it has become apparent that they are the reason for the poor performance of the fish farm.

7. Absentee Owners/Managers: Manage farms by remote control or telephone. No direct involvement in production and management activities of the farm.

8. Irregular and improper feeding: This ranges from complete lack of knowledge about the nutritional requirements and feeding of catfish to attempts at saving money by using cheap feeds. Some farmers just do not feed their fish because they think fish will grow as long as they are in water. They do not realize that like all animals, best performance would be obtained if the fish have a balanced diet and that the feed needs to be palatable, easily digestible and does not disintegrate into the water before the fish can consume it. Fish should be fed with the correct feed of the right quality by a conscientious person who is aware that fish should be fed according to feeding response. Fish may not always feed with the same intensity. They may not want to consume much in bad weather or with a sudden change in temperature; fish may also not eat when they are sick.

9. Fail to Use the Best Person for Feeding: The person feeding fish should be conscientious and keen to observe the fish and know their habits. Feed is not to be dumped into ponds or tanks, but fed according to the fishes feeding response. Feed is expensive (up to 60-70% of operating cost) and only the best laborer can obtain a low feed conversion and lowest cost.

10. Does not understand management regimes: Do not appreciate that different management levels have different requirements which consequently affects stocking rates. Stocking rates are a function of the specific management regime.

11. Focus on few large fish rather than Volume Production: Being more impressed with harvesting the few large fish rather than looking at the overall picture and appreciating total tonnage at harvest. Survival rates and average fish size matter when raising table-fish, because profit margins above operational costs generally range between 10 to 30% depending on one’s market. The net income is therefore largely a function of turnover.

12. Do not keep records and do not assess performance to re-adjust management practices accordingly after each cycle. A farmer is therefore unable to tell whether a profit or loss will have been made. Having money in one’s pocket after a sale does not imply one has made a profit. Records must be kept on all aspects of management to help the farmer evaluate and correct his/her management practices, for improving production and putting together a business plan.

13. Hobby farmers who fail to harvest at the correct time, as though they are taking care of wild-life in a game park.

14. Wrong objectives for investing in aquaculture. Some do it simply because their friends are doing it or because they are targeting ‘free’ funds from donors or government. Nothing in this world is free. Always watch out for the hidden costs before making a final decision. Furthermore, pond or tank construction is costly and is not something one should undertake for the sake of it. Think objectively before you embark on fish farming. Farm fish as a business; as a source of employment and income for yourself and others. Invest in fish farming only if you have studied it and understand the challenges.

15. Expand the farm as a solution to low profit and yields. It is a bad business decision to expand a failing business without first finding out what the causes of the failure are and correcting them.

16. Believe consultants and newspaper reports that indicate fish farming requires little investment and results in huge profits. If it were that easy, everyone would be doing it. And the so-called consultants would be busy making money from growing fish; not from advertising their expensive training programs.


Fish farming in Nigeria is a profitable venture. No doubt.
Business / Re: List Of Top 100 Profitable Small-scale Business Ideas In Nigeria (updated) by babytejiri(m): 8:57pm On Apr 27
Blogging is one of the most lucrative business ideas in Nigeria

Truly, that's an idea for a small scale business in Nigeria
Business / Re: 10 Hot Profitable Business Ideas You Can Start From Home With ₦20,000 by babytejiri(m): 8:42pm On Apr 27
What business can I do in Nigeria? That's a question many people have continued to ask.
Business / Re: Emerging Business Opportunities In Nigeria Which Entrepreneurs Can Key Into by babytejiri(m): 8:37pm On Apr 27
Business / Re: I Make Over 110,000 Bars Of Soap Every Month ( See Pictures) by babytejiri(m): 10:02am On Apr 27
Thanks for your tips on how to start a soap company in Nigeria.
Business / Re: Soap Making As A Highly Profitable Business by babytejiri(m): 9:53am On Apr 27
Soap making is a truly lucrative business, easy to start with very little capital.

With as little as N3,000 you can start soap making.

Get details on how to produce and market the following products:

1. Soap (liquid and solid)
2. Antiseptic disinfectant
3. Germicide
4. Stain remover for ceramic tiles and toilet bowl
5. Insecticide
6. Air freshener
7. Petroleum jelly
8. Perfume (Body spray)
9. ...and so much more

Send your request by email to mivepa.empowerments@gmail.com

Would a business plan on soap production PDF interest you?
Investment / Re: Steps To Owning A Pharmacy In Nigeria by babytejiri(m): 7:26am On Apr 26
Just to share some important but brief points on owning a RETAIL Pharmacy.

What Is Retail Pharmacy?

Well it is a Pharmacy that sells drugs in retails basically. They are of two types: one is hospital Pharmacy and the second is what is called Community Pharmacy. The second one represents the usual pharmacies you see around outside the hospital premises and they are what most people call Pharmacy. That's the one I'm talking about here too.

Okay, now that we understand what this is about, what are the basic steps required to own a Pharmacy in Nigeria?

1. You must either be a Fully Registered Pharmacist or your partner with one. Technically, only a Pharmacist can own a Pharmacy in Nigeria. Non Pharmacists can however deal in Wholesale though you will still need a Superintendent Pharmacist to register the Pharmacy with the Pharmacists Council (PCN)

If you are not a Pharmacist and you are serious (+ you have your money) I can help you get one.

2. Register your company with Corporate Affairs Commission You will need some of the documents here later. One warning I must give you is that the Pharmacist must have like 60% shares in the company otherwise you may not be able to proceed later. Your forms must be clear about who owns the Pharmacy (the Pharmacist) and who is/ are the other Director(s)

60%?! So why border then?/b]

Well you should have done your feasibility studies before investing. What I can tell you is that if you have a good location you ( with your 40%) can make more money in the long run than many other retail businesses. Imagine a single Pharmacy making sales (I didn't say profit) of 1million in just one day. This is not common though; it can only happen with excellent locations and great customer service. What is commoner is 300k-500k/day in moderately good locations. You can attest to the fact that this is not bad sales volume though. It's all about location and management skills. Some Pharmacies close down mostly because of bad location and poor management (they think they don't need expert advice- especially true for pharmacists- and end up wasting their investment)

3. [b] Get a business premises (store)

Great if you have your own store but if not, you need to find a way of tying down the location to go through the process of approval

4. [b] Employ A Superintendent Pharmacist if you are not a Pharmacist [b]

To save yourself from stress, experience tells me you better let your Superintendent Pharmacist be the same as the Pharmacist who is your partner. The payment for this role is however different. In fact, it's in two phases: you will pay for the License to register the Pharmacy with PCN and then the monthly salary based on agreement.

It is the Superintendent Pharmacist that will register the Pharmacy with PCN.

The following are the necessary steps to be taken with the assistance of the Superintendent Pharmacist (SP from now)

a) Location Inspection:
>The SP writes the PCN Registrar through the state office requesting for inspection location.
>Payment is then made to the bank. The SP should find out current charge from your state PCN office.

I will advise you start this process around June or early in December or seek local advice through the SP from the state PCN office (better)
It's not yet a good system they are running at PCN.

b. Collect and fill necessary forms and return them to the PCN office

**The reason I said to start the process in December is that they plan for inspection the following year then so you can be among the first to be inspected in your own area (not always so anyway... lots of politics)
June because it may take 6months or more to complete the process. It can save you paying for License twice before starting real business. This is not full proof. You can't be so sure how fast or slow the process will be as at now. Maybe Buhari's administration will help solve making simple processes in Nigeria so complicated.**

c. Set Up The Premises but DON'T STOCK YET!
Once your location is approved, you may be asked to start setting up the Premises for business. You should be given some requirements- things to put in place like your shelves, fire extinguisher, Pharmacist office, A/C, Poison Box and some books. You may be asked to pay some fees at this stage to collect the requirements. The current client was asked to pay N3,000

d. Apply for Registration of Pharmacy Premises
Your premises will be inspected to see if you met the requirements and you will also be asked to pay for the license and registration.
The SP is the one that is involved in all this. In fact, PCN doesn't want to deal with you if you are not a Pharmacist. You don't even need to be there during all the inspections. Only the SP and the Pharmacist on the Board of Directors (if different) are expected to be seen.
e. Once Registered you should receive a copy of all the documents and then go ahead with stocking and business proper.

But bear in mind that each years registration ends December. If you start too early and the inspection was made, and you commence the next step, you may need to pay for registration of premises twice before commencing real business. But like I said, the process is not so predictable. Prepare for 6-8months.
This also means ( if the SP is not the same as the Pharmacist on BoD) you need to be ready to be paying the Pharmacist some "salary" to "tie her/him down" till the process is completed otherwise the SP may not be available for the inspections.

The short cut to all these is to buy a Pharmacy put on sale when you are ready but it comes with its own challenges too.
I'll stop here for now. I hope this will be of help to someone out there.

Thanks so much for this information on how to start a pharmacy business in Nigeria

1 Like

Business / Re: Printing Press Business? Sample Business Plan... by babytejiri(m): 7:20am On Apr 24
Start a printing press business today. How much does it cost to start a printing business in Nigeria?
Agriculture / Re: Top 5 Reasons Why Poultry Farming Is So Lucrative In Nigeria- Marvejohndaily.com by babytejiri(m): 6:42am On Apr 23
Layers Poultry farming in Nigeria is so rewarding. Give it a try today.
Agriculture / Re: How To Set Up Profitable Poultry Farm by babytejiri(m): 6:38am On Apr 23
Readily available information on how to run a poultry farm in Nigeria.

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