₦airaland Forum

May God judge all the useless worker there I can never forgive all those who are there. I will be back one day for you all and all document will be reopen

iammo:
I'll rather earn what can grow my enterprises than stick to tittles and certificates that practically reduces my potential

Wonderful
Owo ni koko

iammo:
And you really think a nurse earning 90k takes home 90k after cost of transport, tax, pension savings and association levy? Think again

Even factoring in the depreciation account of a Keke over a 5 years life span, daily depreciation is never 2000

And nurses in government hospitals don't have side hustles

Let us be clear about one thing, there is money in transport but it comes with its up and down. Yes there are Okada riders who makes more than 5k a day, but they have constraint that may hinder them for days, weeks, month and even year. One most are subjected to serious accident should they loos balance or get knocked off should they collide with vehicles.

Also the greatest challenge to Okada business is legal and illegal arrest of their motorbike by agent of government, most rarely retrieve their bike once confiscated by government agent.

As for the pharmacist, it is very hard to setup a a factory to produce most of this drugs mentioned above and also their are no grant or loan to help cushion the effect of setting one up.

In all, most goverment employees are been short-changed by goverment and their Pay scale is nothing to write home about especially when compared to their counterparts in other parts of the world.

Xhuntra:
How much does a BMC zombie make in a day?

Rule 2 broken. Calling a fellow Nairalander zombie

Seun lalasticlala OAM4J mynd44 justwise

saphiere:
Calling a nairalander a "begger"

Seun lalastclala OA4J mnd44 justwie

You are a beggar. Everyone knows it.

Xhuntra:
You are a beggar. Everyone knows it.

You were longing for my attention. I've given you. Goodnight

saphiere:
You were longing for my attention. I've given you. Goodnight

Beggar. Drop ur account number make I bless ur life.

What about some staffs that have not been paid since January this year that are on GIFMIS salary platform and yet to be enroll by IPPIS. We no protest o. This is the 5th month no salary

BruncleZuma:
...and your rebuttal is?

The interns in ubth are paid their full salary

seleroms2:
The interns in ubth are paid their full salary

Could you give details

Meninmen:
You have not answered my question. How many pharmacists in Nigeria are in this line of business of PRODUCING generic drugs?

Orange drug is into DISTRIBUTION of pharmaceutical products. The owner of the company (Tony Ezenna) is not a Pharmacist

Bayer is a German company with subsidiary in Nigerian. It is not owned by a Nigeria Pharmacist.

You don't have to produce, just import. Start with what you have. By the way, why did you avoid emzor?

Note that I used Bayer as brand producer not generic producer.

sonnie10:
You don't have to produce, just import. Start with what you have. By the way, why did you avoid emzor?

Note that I used Bayer as brand producer not generic producer.

Not patent Sir. As a pharmacist, Just register any generic medication with your name brand under NAFDAC. Push it into the market and see if your generation story will not change. There are tens of thousand of popular brand you can legally register and produce generic version of them. The close to #1M you would use to buy keke is more than enough for this


That was your statement. Now list Nigerian pharmacists that have been able to register a brand and produce generic versions of the that brand, you listed Emzor, Orange and Bayer. Only Emzor is a Nigerian pharmacist on the list.

You talk of importing, I stand to be corrected, but I think any business person can import medicines and sell in this country. You don't have to be a pharmacist. Which is while Orange (owned by a non-pharmacist) is a major medicine distributor in this country.

As for you listing Bayer as a brand producer, not a generic producer, it was not necessary. I only wanted you to list Nigerian pharmacists that produce generic medications in this country.

My point is this, 98% of pharmacists in this country are into Academia, or work in a hospital setting. Apart from Emzor, name a Nigerian pharmacist that owns a medicine producing company (branded or generic). You said it as if producing generic medicines is child's play. Even said 1M naira is enough to start producing generic medicines. Funny

Meninmen:
Not patent Sir. As a pharmacist, Just register any generic medication with your name brand under NAFDAC. Push it into the market and see if your generation story will not change. There are tens of thousand of popular brand you can legally register and produce generic version of them. The close to #1M you would use to buy keke is more than enough for this


That was your statement. Now list Nigerian pharmacists that have been able to register a brand and produce generic versions of the that brand, you listed Emzor, Orange and Bayer. Only Emzor is a Nigerian pharmacist on the list.

You talk of importing, I stand to be corrected, but I think any business person can import medicines and sell in this country. You don't have to be a pharmacist. Which is while Orange (owned by a non-pharmacist) is a major medicine distributor in this country.

As for you listing Bayer as a brand producer, not a generic producer, it was not necessary. I only wanted you to list Nigerian pharmacists that produce generic medications in this country.

My point is this, 98% of pharmacists in this country are into Academia, or work in a hospital setting. Apart from Emzor, name a Nigerian pharmacist that owns a medicine producing company (branded or generic). You said it as if producing generic medicines is child's play. Even said 1M naira is enough to start producing generic medicines. Funny

Oga, I know this business like the back of my hands. I can give you a list of names but what does that matter? They are not popular pharmacists yet they are doing their thing in whatever capacity they can.
See, #1M is enough to start. All you have to do is to approach an existing not well company and tell them what you want them to produce and package for you, under your name. Same product they already have but this time with a better shiny pack and label for you exclusively. You hold the NAFDAC number.
Simple, cheap not too complicated products like methylated spirit, hydrogen peroxide, calamine lotion, mist mag etc are in high demand. If you have any of those, you can't even meet up demand especially if they are well packaged and effective.
Even, common surgical cotton wool if well packaged in different sizes with NAFDAC number can make you a billionaire, ask Dele wools. These are practical examples. They don't teach you these in pharmacy schools, you learn it in the streets, "idumota way".
Only laziness and lack of hustling spirit can't make a pharmacist redundant . Ask yourself how did those uneducated boys become so savvy in this? Banks do not give them loans and they don't come from rich backgrounds, yet they are turning swamps into mansions. If those boys in Idumota can do it legally by employing pharmacist, why can't a pharmacist do it even better for himself?
There is money in it, I can tell you this instead of putting that money in keke .

Note my use of Bayer as a brand producer was intentional and necessary for those who are not too conversant with the details of difference between brand name and generic names, remember others in this forum are reading too, not just you. In communicate skills, it is called Tailored communication. You say things the way your audience can relate with.

iammo:
Don't be shy my boy... 50 dirhams can help you feel better just ask, it's Ramadan am feeling generous towards ipob

me kuku need help...14399473512,access.God bless you sir as you

sonnie10:
Oga, I know this business like the back of my hands. I can give you a list of names but what does that matter? They are not popular pharmacists yet they are doing their thing in whatever capacity they can.
See, #1M is enough to start. All you have to do is to approach an existing not well company and tell them what you want them to produce and package for you, under your name. Same product they already have but this time with a better shiny pack and label for you exclusively. You hold the NAFDAC number.
Simple, cheap not too complicated products like methylated spirit, hydrogen peroxide, calamine lotion, mist mag etc are in high demand. If you have any of those, you can't even meet up demand especially if they are well packaged and effective.
Even, common surgical cotton wool if well packaged in different sizes with NAFDAC number can make you a billionaire, ask Dele wools. These are practical examples. They don't teach you these in pharmacy schools, you learn it in the streets, "idumota way".
Only laziness and lack of hustling spirit can't make a pharmacist redundant . Ask yourself how did those uneducated boys become so savvy in this? Banks do not give them loans and they don't come from rich backgrounds, yet they are turning swamps into mansions. If those boys in Idumota can do it legally by employing pharmacist, why can't a pharmacist do it even better for himself?
There is money in it, I can tell you this instead of putting that money in keke .

Note my use of Bayer as a brand producer was intentional and necessary for those who are not too conversant with the details of difference between brand name and generic names, remember others in this forum are reading too, not just you. In communicate skills, it is called Tailored communication. You say things the way your audience can relate with.

When you talked about producing generic MEDICATIONS, I was not expecting to see cotton wool, methylated spirit, hydrogen peroxide. These are things that even some market women produce.

Show me branded medications that a Nigerian pharmacist registered in Nigeria and started producing the generic version. About 70-80% of medications used in Nigeria are imported (especially from India) and many of the few companies that import active ingredients to produce medicines in Nigeria are not owned by pharmacists. They can employ pharmacists, but they are not owned by pharmacists.

I have friends who are pharmacists who have attempted to go into this line of business. It is not as easy as you put it. They all pulled out. If it was this easy to set up and it's as lucrative as you want to make us believe, I don't think pharmacists in Nigeria will be struggling for govt job. Most pharmacists in Nigeria are academias or in the health sector. I wonder how many are producing generic medications in this country.

PS: I am not comparing a pharmacist and a Keke driver. I have never mentioned Keke in all of my write ups.

Meninmen:
When you talked about producing generic MEDICATIONS, I was not expecting to see cotton wool, methylated spirit, hydrogen peroxide. These are things that even some market women produce.

Show me branded medications that a Nigerian pharmacist registered in Nigeria and started producing the generic version. About 70-80% of medications used in Nigeria are imported (especially from India) and many of the few companies that import active ingredients to produce medicines in Nigeria are not owned by pharmacists. They can employ pharmacists, but they are not owned by pharmacists.

II didn't want to start naming private individual but let me give you a few. I showed you Emzor, you asked for more name. I mentioned Dele wools, you continued to ask for more names. Ok, how about Doyin Pharms (another billionaire). They produce ointments like Sulphur, balms, penicillin ointments etc. Doyin is also a pharmacist. Have you heard about Silver Brothers Pharm in Surulere Lagos?

I have friends who are pharmacists who have attempted to go into this line of business. It is not as easy as you put it. They all pulled out. If it was this easy to set up and it's as lucrative as you want to make us believe, I don't think pharmacists in Nigeria will be struggling for govt job. Most pharmacists in Nigeria are academias or in the health sector. I wonder how many are producing generic medications in this country.

PS: I am not comparing a pharmacist and a Keke driver. I have never mentioned Keke in all of my write ups.

See, most pharmacists look down on these little aspect of the business, like the one you termed "market women" aspect that is why they continue to look for low paying govt jobs. You see how you looked down on cotton wool production, but I can tell you that Dele wools is owned by a pharmacist and he is a billionaire by all measures. I know when and how he started. He didn't start by building a factory on a hectare of land. Pick up a sample of his cotton and compare it with those of market women and come back to tell us what you think. That is the reason he is educated.
It is easy to start but you must put in the work because you are building an empire not one off sales. You are building a business that would continue to grow even when the person is gone. The initial startup entails knowing your customer base. It works well for pharmacists that have been in the marking field for a while and know different people
I have decades of experience in this business, so what I am telling you is not hear say or trial and error. It is a sure way to work your way up in the industry.

sonnie10:
See, most pharmacists look down on these little aspect of the business, like the one you termed "market women" aspect that is why they continue to look for low paying govt jobs. You see how you looked down on cotton wool production, but I can tell you that Dele wools is owned by a pharmacist and he is a billionaire by all measures. I know when and how he started. He didn't start by building a factory on a hectare of land. Pick up a sample of his cotton and compare it with those of market women and come back to tell us what you think. That is the reason he is educated.
It is easy to start but you must put in the work because you are building an empire not one off sales. You are building a business that would continue to grow even when the person is gone. The initial startup entails knowing your customer base. It works well for pharmacists that have been in the marking field for a while and know different people
I have decades of experience in this business, so what I am telling you is not hear say or trial and error. It is a sure way to work your way up in the industry.

You really don't understand my point. Cotton wool you used as an example being produced by a pharmacist is not a medication. Read this again; 70-80% of MEDICATIONS used in this country are imported, especially from India while majority of the very few companies that import active ingredients of a drug or source it locally to produce the generic medication here in Nigeria are not owned by pharmacists. This is not too hard to understand na.

Anyways, it's your fellow pharmacists that you need to encourage to go into that line of business because they obviously are not doing so.

Meninmen:
You really don't understand my point. Cotton wool you used as an example being produced by a pharmacist is not a medication. Read this again; 70-80% of MEDICATIONS used in this country are imported, especially from India while majority of the very few companies that import active ingredients of a drug or source it locally to produce the generic medication here in Nigeria are not owned by pharmacists. This is not too hard to understand na.

Anyways, it's your fellow pharmacists that you need to encourage to go into that line of business because they obviously are not doing so.

You see how you isolated my mention of cotton wool and expanded it out of context? I really understand that mode of narrative but that is being clever. The cotton wool issue was just an example of one of the things a pharmacist did and became a billionaire. Remember, we were talking about simple business opportunities in general for pharmacist and not just medication.
However, since you want us to focus on just medications, there are a few things you have to understand. All medications registered by NAFDAC involved a pharmacist somewhere along the line. It could be in the company's registration, production line or compounding or supervision. Just like every other business, directors hold different levels of financial interest in the business. Pharmacists do not necessary have to be the Chairman of the company or the executive director but they might be taking home more money than everyone else.
You are making it sound like anybody could just go and import or produce medication in Nigeria without a license backed by a pharmacist. It does not work that way. Pharmacists are involved in everyone of those businesses

Disclaimer
I am not a Pharmacist.

sonnie10:
You see how you isolated my mention of cotton wool and expanded it out of context? I really understand that mode of narrative but that is being clever. The cotton wool issue was just an example of one of the things a pharmacist did and became a billionaire. Remember, we were talking about simple business opportunities in general for pharmacist and not just medication.
However, since you want us to focus on just medications, there are a few things you have to understand. All medications registered by NAFDAC involved a pharmacist somewhere along the line. It could be in the company's registration, production line or compounding or supervision. Just like every other business, directors hold different levels of financial interest in the business. Pharmacists do not necessary have to be the Chairman of the company or the executive director but they might be taking home more money than everyone else.
You are making it sound like anybody could just go and import or produce medication in Nigeria without a license backed by a pharmacist. It does not work that way. Pharmacists are involved in everyone of those businesses

Disclaimer
I am not a Pharmacist.

Not patent Sir. As a pharmacist, Just register any generic medication with your name brand under NAFDAC. Push it into the market and see if your generation story will not change. There are tens of thousand of popular brand you can legally register and produce generic version of them. The close to #1M you would use to buy keke is more than enough for this


We were not talking about business opportunities for pharmacists (at least, not me and you). You should know where I entered the conversation. The bolded above was your reply to someone. That was when I entered the conversation. I wanted you to list Pharmacists who have registered brand medications in Nigeria and started producing the generic version (which you have not been able to do, apart from Emzor).

Like I said before, Majority of the medications (70-80%) used in Nigeria are imported (especially from India). Of the very few companies that manufacture generic medications in Nigeria, many are not owned by pharmacists.

Most pharmacists in Nigeria are into;
1. Academia (lecturing)
2. Working in a hospital
3. Owning a pharmacy shop that sells medicines.

That you see opportunities for Nigerian pharmacists to register branded medications and start producing the generic version in Nigeria doesn't mean Nigerian pharmacists are going into that line.

Why you seem to be talking about the potential gold mine that exists for pharmacists in the production of generic medications in Nigeria, I am telling you the actual fact on ground; Nigerian Pharmacists rarely go into the production of generic medications in Nigeria.

Now, when you talked about pharmacists don't need to own companies that produce these generic medications but can be taking more money than everyone else, I laughed. How many? For example, the CEO of Fidson health Care is a civil engineer. How many licenses of Pharmacists did he need to start his business? One was enough. And that one pharmacist can become a partner. So what of other pharmacists in the company now? Does that make them partners or they are just employees?

If I decide to go into the business of either importing or manufacturing medicine in Nigeria, I only need a pharmacist with an up to date license to partner with. Every other pharmacists that will be employed will be paid as an EMPLOYEE.

Meninmen:
Not patent Sir. As a pharmacist, Just register any generic medication with your name brand under NAFDAC. Push it into the market and see if your generation story will not change. There are tens of thousand of popular brand you can legally register and produce generic version of them. The close to #1M you would use to buy keke is more than enough for this


We were not talking about business opportunities for pharmacists (at least, not me and you). You should know where I entered the conversation. The bolded above was your reply to someone. That was when I entered the conversation. I wanted you to list Pharmacists who have registered brand medications in Nigeria and started producing the generic version (which you have not been able to do, apart from Emzor).

Like I said before, Majority of the medications (70-80%) used in Nigeria are imported (especially from India). Of the very few companies that manufacture generic medications in Nigeria, many are not owned by pharmacists.

Most pharmacists in Nigeria are into;
1. Academia (lecturing)
2. Working in a hospital
3. Owning a pharmacy shop that sells medicines.

That you see opportunities for Nigerian pharmacists to register branded medications and start producing the generic version in Nigeria doesn't mean Nigerian pharmacists are going into that line.

Why you seem to be talking about the potential gold mine that exists for pharmacists in the production of generic medications in Nigeria, I am telling you the actual fact on ground; Nigerian Pharmacists rarely go into the production of generic medications in Nigeria.

Now, when you talked about pharmacists don't need to own companies that produce these generic medications but can be taking more money than everyone else, I laughed. How many? For example, the CEO of Fidson health Care is a civil engineer. How many licenses of Pharmacists did he need to start his business? One was enough. And that one pharmacist can become a partner. So what of other pharmacists in the company now? Does that make them partners or they are just employees?

If I decide to go into the business of either importing or manufacturing medicine in Nigeria, I only need a pharmacist with an up to date license to partner with. Every other pharmacists that will be employed will be paid as an EMPLOYEE.

I agree with you. One business man to one or more pharmacists, that is fair enough. Good thing you have accepted that a least one pharmacist is chopping inside any pharmaceutical business that is operational.

By the way, I have a request. Do you mind sharing the source of your statistics? I mean the 70-80% and the one for ratio for pharmacist employment areas? I won’t just accept any data that doesn’t come from a credible, reliable source.

When you see Fidison, ask him if he is still visiting his shop at ashagbo.

sonnie10:
I agree with you. One business man to one or more pharmacists, that is fair enough. Good thing you have accepted that a least one pharmacist is chopping inside any pharmaceutical business that is operational.

By the way, I have a request. Do you mind sharing the source of your statistics? I mean the 70-80% and the one for ratio for pharmacist employment areas? I won’t just accept any data that doesn’t come from a credible, reliable source.

When you see Fidison, ask him if he is still visiting his shop at ashagbo.

I really do not understand what you mean by "statistics for the one for ratio for pharmacist employment areas" but as for statistics for Nigeria being highly dependant on drug import please, read the following WHO report.


https://www.who.int/bulletin/volumes/98/7/19-249508/en/#:~:text=Approximately%2070%25%20of%20drugs%20consumed,among%20others)%2C%20are%20imported.&text=Therefore%2C%20the%20policy%20will%20help,around%2040%25%20of%20their%20capacity.

Meninmen:
I really do not understand what you mean by "statistics for the one for ratio for pharmacist employment areas" but as for statistics for Nigeria being highly dependant on drug import please, read the following WHO report.


https://www.who.int/bulletin/volumes/98/7/19-249508/en/#:~:text=Approximately%2070%25%20of%20drugs%20consumed,among%20others)%2C%20are%20imported.&text=Therefore%2C%20the%20policy%20will%20help,around%2040%25%20of%20their%20capacity.

Where is the database for who is employed where? That was part of my question.
Did you know that statistics could be used to paint different pictures? That 70% of drugs used in Nigeria is imported does not mean that the remaining 30% produced in Nigeria is not enough market share for pharmacist in Nigeria to grab their own portion of this lucrative business and become billionaires. It is, and they are doing it. Just that it is not something to be proud of as a Nation.

sonnie10:
Where is the database for who is employed where? That was part of my question.
Did you know that statistics could be used to paint different pictures? That 70% of drugs used in Nigeria is imported does not mean that the remaining 30% produced in Nigeria is not enough market share for pharmacist in Nigeria to grab their own portion of this lucrative business and become billionaires. It is, and they are doing it. Just that it is not something to be proud of as a Nation.

Oga, you can check these things online. I'm in the health sector and I just told you where you find majority of pharmacists in Nigeria. Don't argue what you don't know.


Please, look at the table from the second pic and see the distribution of pharmacists as at 2013. The source is from the Pharmaceutical council of Nigeria.

Meninmen:
Oga, you can check these things online. I'm in the health sector and I just told you where you find majority of pharmacists in Nigeria. Don't argue what you don't know.


Please, look at the table from the second pic and see the distribution of pharmacists as at 2013. The source is from the Pharmaceutical council of Nigeria.

The information you provided does not bear credence to your stance. If 2.4% of pharmacist are in academics and 2.3% are in the industrial sector, then we can conclude that there are no significant variations in these numbers. All along, finding major difference in employment areas has been a great part of the focus of your position.

In addition to that, the data you presented show that majority of pharmacist are in "community practice" about 58%. On the discussion paragraph of the article, this percentage was further expanded upon. They stated that 56 % of those are into retails while about 38% are into wholesales. As you can see, these figures support the fact that majority of pharmacist are into the business selling medications in bulk and not into academics and hospital employment as you earlier stated.

Now think about this, why do you see most medications sold by pharmacists (about 58% of registered pharmacist) labelled as "produced for XYZ by ABC"? Here is the interpretation. They source for these medications either by direct production, proxy production or import and then register those as generic versions and sell for profit. This has been my position in this discussion.

Numbers don't lie. Now, lets recap.
2.4% are academicians
2.3% are in industrial sector
58% are in community sector (wholesalers are retailers). Pay attention this particular number, note that these are not just ordinary people businesses but those businesses that are owned and operated by pharmacists.

I am worn out already, I must admit.