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How To Start A Patent Drug Store In Nigeria(chemist Business) - Business - Nairaland

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How To Start A Patent Drug Store In Nigeria(chemist Business) by niceelement(m): 1:17pm On Nov 06, 2019
A patent medicine store, also known as a chemist in Nigeria, is a store that sells over the counter drugs, though chemist is the generalized local name for a patent medicine store, it is not supposed to be so.
You might be wondering who can open or run a chemist in Nigeria; the truth is that a patent medicine store can be managed by people who have a piece of good knowledge about drugs or have undergone a training process about drugs and their uses.
Patent medicine stores are mostly found in remote communities or within streets; this shows that it aims to get over the counter drugs closer to the people.
The business is quite lucrative as most people look forward to owning a chemist store in Nigeria. To get started, you need to have a handful of knowledge about drugs.

How to register a Patent Medicine store in Nigeria
Before you think of opening a patent medicine store in Nigeria, the registration process must come to mind; the body you need to register a chemist or patent medicine store with is called the National Association of Proprietary and Patent Medicine Dealers (N.A.P.P.M.D).
N.A.P.P.M.D was approved by the pharmaceutical council of Nigeria to manage to affairs of patent medicine stores
To register with N.A.P.P.M.D, you need to pay a certain amount ranging from 80,000-120,000 depending on your location. This money is used to help you process the registration with PCN and also for other activities within the organization like the end of year party and give away.
There is also a yearly payment of 25,000-50,000 from members to the organization.
In some cases, people might bypass the N.A.P.P.M.D registration when they have gotten their PCN registration; this might cause a problem for them in the future as the organization might come for them to do a proper registration.

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