₦airaland Forum

H

Where is Emzor? Emzor is owned by an Igbo woman

alanto:
Fidelis Ayebae

Fidelis Ayebae is the founder and pioneer Chief Executive Officer of Fidson Healthcare Plc, which was established in 1995.

He graduated from the Mainland Institute of Technology in 1976 with a Diploma in Civil Engineering. He also obtained an Advanced Diploma in Business Administration from the University of Lagos in 1999.

He has experience in corporate management, having worked in Nigeria International Bank (now Citibank) as an Assistant General Manager and in Metalum Limited as a Project Manager.

He was appointed to the board of NEM Insurance Plc in September, 2009, and is currently Chairman.

Fidelis is an Associate of the Chartered Institute of Administration and also a member of the Nigeria Institute of Management.

He holds 446,534,443 units of shares at Fidson Healthcare Plc. As at our cut-off date, Fidson was trading at N5.68 per share. This gives him a net worth of N2.5 billion.

Lieutenant General Theophilus Yakubu Danjuma


T.Y. Danjuma, GCON, is the Chairman of May & Baker Nigeria Plc and had once single-handedly bailed the company from financial straits with a multi-billion Naira loan.

He served as a Minister of Defense for the Federal Republic of Nigeria from June, 1999, to March, 2003. He had once been the Chief of Army Staff of the Nigerian Army from 1975 to 1979.

Though largely known for his service in the military, Danjuma has also proven to be an astute businessman.

He has 254,841,302 units of shares in May & Baker Plc which was trading at N3.20 per share as at our cut-off date. This gives him a net worth of N815 million.

Danjuma could be worth much more, as he is known to have several holdings in other blue-chip firms outside the pharmaceutical sector.

Notable mentions
A.B.C Orjiako


Dr. ABC Orjiako has been the Chairman of Seplat Petroleum Development Company Plc since March 3, 2010, and has been its Director since December 14, 2009. He doubles as the Chairman of Neimeth Pharmaceuticals Plc.

Dr. Orjiako holds an MBBCH degree from the University of Calabar. He trained as a general surgeon in Lagos University Teaching Hospital (LUTH) from 1989 to 1991.

He sub-specialised in orthopedic and trauma surgery at National Hospital, Igbobi, and qualified as a Fellow of the West African College of Surgeons.

In 1996, he delved into business, after eleven years of active medical practice at LUTH and National Orthopedic Hospital, Igbobi, Lagos.

He has 372,377,503 units of shares at Neimeth Pharmaceuticals Plc. As at our cut-off date, Neimeth was trading at N0.82 per share. This gives him a net worth of N305 million.

Orjiako makes the cut, despite having pharmaceutical holdings worth less than a billion, due to his being a billionaire from his holdings in Seplat Petroleum Development Company Plc.

Prof. Elijah Ndajiya Sokomba
Elijah N. Sokomba is a Professor of Pharmacology at the University of Jos.

He is on the board of directors at Neimeth International Pharmaceuticals Plc. He has 409,857,176 units of shares at Neimeth.

As at our cut-off date, Neimeth was trading at N0.82. This gives him a net worth of N336 million.

Folarin Rotimi Abiola Williams Jnr.
Folarin is a son of the late legal luminary, Frederick Rotimi Alade Williams (popularly known as F.R.A Williams or Timi the law). Mr. F. R. A. Williams Jnr. is a Chemical Engineer and a legal practitioner.

He was educated at Imperial College of Science and Technology, London, where he graduated with a B.Sc. (Hons.) AGGI Chemical Engineering. Following a study at Selwyn College, Cambridge, from 1981 to 1983, Mr. Williams obtained an MA Cantab Law, and subsequently attended the Nigerian Law School from 1983 to 1984.

He holds a total of 72,587,449 shares in Pharma Deko Plc. As at our cut-off date, this gives him a net worth of N163,321,760.

Mazi S.I. Ohuabunwa


Mr. Ohuabunwa read Pharmacy in the University of Ife, graduating in 1976. He has a postgraduate degree in Business and Organizational Management at the Columbia University, N.Y., USA, and another one from the Lagos Business School.

He joined Pfizer Products Plc in 1978 as a Pharmaceutical Sales Representative and rose to become the Chairman/CEO in 1993.

In 1997, he led the management buy-over of Pfizer Inc shares in Pfizer Products Plc, transforming the resultant company, Neimeth International Pharmaceuticals Plc, into a medium-sized Nigerian R& Based Pharmaceutical company.

He voluntarily retired from the company after 33 years of service in the industry, 18 years of which were at CEO level.

He has 126,956,834 units of shares at Neimeth. As at our cut-off date, Neimeth was trading at N0.82. This gives him a net worth of N104 million.



Mrs. Funmilola Ayebae


Mrs. Olufunmilola O. Ayebae got her Professional Secretaries Diploma from the London College of Secretaries in the United Kingdom, after which she worked in many organisations in various capacities for a number of years, before establishing her own business, Goodness Supermarket, in 1995.

She is also the MD/CEO of Townhouse Limited. She became a Director of Fidson Healthcare Plc in 2001. She has 64,220,000 units of shares in Fidson Healthcare Plc.

As at our cut-off date, Fidson was trading at N5.68 per share. This gives her a net worth of N364,769,600.

Mrs. Ayebae makes the cut by virtue of being on the board and married to the founder of the company.

nonsense and unverifiable write up from a know bigot 🤡

mrvitalis:
Firstly I said local pharmaceutical industries

You listed pharmaceutical companies and left out the biggest emzor lmaoo

Bros

NAFDAC
https://www.nafdac.gov.ng › ...PDF
List of Inspected Local Pharm. Manufacturing Facilities

Below is the 180 pharmaceutical companies in Nigeria and their facilities

U can browse the owners and compute them
If the ones owned by Nigerians 70% are not owned by igbos you get 200k

With production of fake drugs ...Infact the igbos own 99% of the oxygen we breathe ...You derail important thread with your tribal garbages....smh

Truly The First!

Emzor, orange are not in the list

alanto:
Note that Prof. Elijah Ndajiya Sokomba has more stake than ABC Orjiako in Neimeth.

O P,my salute,for your enduring Facts,unlike some here, always biased and cocoons,with bitterness and reckless Manuvering, thinking solely on Political sagacity,and becomes foolish in their thoughts and of course,the gaulibles are quick to join the Falsehoods.
OP , well done bro.

mrvitalis:
Firstly I said local pharmaceutical industries

You listed pharmaceutical companies and left out the biggest emzor lmaoo

Bros

NAFDAC
https://www.nafdac.gov.ng › ...PDF
List of Inspected Local Pharm. Manufacturing Facilities

Below is the 180 pharmaceutical companies in Nigeria and their facilities

U can browse the owners and compute them
If the ones owned by Nigerians 70% are not owned by igbos you get 200k

you are just an half baked person who thing he is more than his worth,I’m sorry to say you are a disgrace to the igbos and you are even creating more enemies for them.

E pain me say I no go school as I get "brain" reach! Nigeria & my family (mother's side) is almost killing my dream.

My only hope is to japa & hopefully work to fund my education.

If I wan come this life again, I will "tun yàn"!

alanto:
Gidgiddy, mrvitalis


I created this thread because you said igbo own 70% pharmaceutical companies in Nigeria..

These are the major Pharmaceutical companies own by Nigerians in Nigeria.

Igbo is your nightmare

@ OP, networth is not only by the values of their shares. You didn't consider their cash, houses and many other personal assets as well as deducting their liabilities before you arrive at the true networth.

Bro you get time

alanto:
I just tire for them. But they'll be fact checked hence. We all are not illiterate. We will ecpose them.

csamii:
No Emzor No Orange Drugs
This mumu op na tribal mumu.

no juhel. Lol

mrvitalis:
Are you minding the lair?

NAFDAC
https://www.nafdac.gov.ng › ...PDF
List of Inspected Local Pharm. Manufacturing Facilities

There are over 180 Pharmaceutical manufacturing plants in Nigeria

The link you dropped leads to the NAFDAC dashboard, what's the correlation? No pharmaceutic company was mentioned

DevilsEqual:
Which school una go sef

He asked you to back up your claims with verifiable stats and this is all u could say


Everywhere in the world, statistical Data from a verifiable medium have always been the best way to confirm factual figures

na statistics we go chop....that's a quote from ur Tinubu

These are publicly listed companies.There are hundreds of others ranging in size from the likes of Orange Drugs,Juhel Pharmaceuticals,Emzor Pharmaceuticals etc... that are owned by Ibo entrepreneurs.

alanto:
Gidgiddy, mrvitalis


I created this thread because you said igbo own 70% pharmaceutical companies in Nigeria..

These are the major Pharmaceutical companies own by Nigerians in Nigeria.

Let's forget about this tribal sentiment and promote our national success and individual achievements of our citizens

Here's a list of some well-known pharmaceutical companies in Nigeria along with information about their owners' tribes, where available:

1. **Emzor Pharmaceutical Industries Ltd.**
- **Owner:** Dr. Stella Okoli
- **Tribe:** Igbo

2. **Fidson Healthcare Plc**
- **Owner:** Dr. Fidelis Ayebae
- **Tribe:** Ijaw

3. **May & Baker Nigeria Plc**
- **Owner:** Ownership is more corporate; it was originally a British company before becoming Nigerian-owned.

4. **Neimeth International Pharmaceuticals Plc**
- **Owner:** Dr. Emmanuel Ekunno
- **Tribe:** Igbo

5. **Orange Drugs Limited**
- **Owner:** Sir Tony Ezenna
- **Tribe:** Igbo

6. **Zolon Healthcare Limited**
- **Owner:** Ownership details not publicly available.

7. **GlaxoSmithKline (GSK) Nigeria**
- **Owner:** Part of a global corporation; local ownership is more corporate.

8. **Juhel Nigeria Limited**
- **Owner:** Dr. Ifeanyi Okoye
- **Tribe:** Igbo

9. **Swiss Pharma Nigeria Limited (Swipha)**
- **Owner:** Ownership is corporate; it was acquired by Biogaran, a subsidiary of Servier Group, in 2017.

10. **Evans Medical Plc**
- **Owner:** Corporate ownership; originally founded by the British, now Nigerian-owned by a corporate entity.

The pharmaceutical industry in Nigeria includes a mix of individual and corporate ownership, with a significant number of companies owned by people of Igbo origin.


From chatgpt

mrvitalis:
Firstly I said local pharmaceutical industries

You listed pharmaceutical companies and left out the biggest emzor lmaoo

Bros

NAFDAC
https://www.nafdac.gov.ng › ...PDF
List of Inspected Local Pharm. Manufacturing Facilities

Below is the 180 pharmaceutical companies in Nigeria and their facilities

U can browse the owners and compute them
If the ones owned by Nigerians 70% are not owned by igbos you get 200k

Don't mind them

Pharmaceuticals industry in Nigeira is one of the best in Africa because you produce malaria n paracetamol drugs ?! Have you gone mad or you are going mad ?!

chicfarmer:
Op this your list is very poor and a disservice to the great men and women irrespective of tribe who have worked hard to make the pharmaceutical industry in Nigeria one of the best in Africa. But this is what happens when we allow tribalism to blind us. If I were you I would apologise and modify my post to reflect the enduring legacies and great opportunities still available in the pharmaceutical industry in Nigeria.

The OP was not even ashamed to be mentioning how supposed multibillionaires own shares worth only millions. This is just another tribal-laced thread devoid of real fact.

Yorubas will always disgrace themselves.
You were challenged to list indigenous pharmaceutical companies and compute the tribe that dominates the list.... only for the onye iberibe to mention just 4 names and companies

No wonder Rochas coined the word "iberiberism"
I think it'll be aptly use here.

I used to know Peace Standard pharmaceutical industry and Tuyil pharmaceutical industry, both located at ilorin. They're quite big as well.

alanto:
Note that Prof. Elijah Ndajiya Sokomba has more stake than ABC Orjiako in Neimeth.

Where is Stella Okoli of Emzor pharmaceuticals?

Even Orange Drugs

mrvitalis:
Imagine the fuul listed rich people in the pharmaceutical industry didn't mention emzor

Fidson he mentioned because he thought he was Yoruba is Edo... Fidson by raw material from emzor

He didn't even mention juhel of all people

shame man, Naira is Zim dollar 2.0 if I were to visit Nigeria I'd be a billionaire too

Op where is the popular EMZOR?

The list is incomplete.

Smithkafors:
You guys are very confused and full of envy for no reason.

List the pharmaceuticals in Nigeria even the one in your state with the names of their owners.

The Pharmaceutical company in Nigeria is dominated by igbos. My village alone has two pharmaceutical companies solemnly owned by two people from my village. They didn’t go public.

Other tribes who also dominate in different sectors. Eg farming by northerners. but the people of the eastern Nigeria respect that fact.

Confused Tribalist parading everywhere.

List the Pharmaceutical companies in Nigeria and you are here listening just 4 companies.

If e sure for una, list the companies in Nigeria with their owners.

Confuse people.

Oya yes, The Igbo tribe is the best tribe in the world. Without them Nigeria is nothing. Without them, the country will collapse.

Other tribes no reach for where Igbos dey.

What next bro?

The problem we have in Africa is that we like to show that we are better than others. It's why South Africans are Xenophobic towards other Africans because they believe they are better than others.

The funniest thing about this "We are better than you" thing is that when you do it, the other tribes, if they are smart, buckle up.

Look at the movie industry, once dominated by Igbos, today, the tides are changing.

If your tribe is the best thing after bread and beans, keep it to yourself, no dey insult people and their tribes.

alanto:
Gidgiddy, mrvitalis

I created this thread because you said igbo own 70% pharmaceutical companies in Nigeria..

These are the major Pharmaceutical companies own by Nigerians in Nigeria.

Nigerians and their constant ethnic bickering.

So, how come Emzor is not among them? BTW, what metrics did you use to ascertain that those are the biggest pharmaceutical companies in Nigeria?

Even mrvitalis and Gidgiddy are wrong because I am sure they cannot prove that Igbos own 70% of pharma companies in Nigeria.

Nevertheless, nothing surprising to read here. Nigerians are not intelligent people.

Kindly provide source of your data or indicate which annual reports you got the shareholding numbers from.

alanto:
Fidelis Ayebae

Fidelis Ayebae is the founder and pioneer Chief Executive Officer of Fidson Healthcare Plc, which was established in 1995.

He graduated from the Mainland Institute of Technology in 1976 with a Diploma in Civil Engineering. He also obtained an Advanced Diploma in Business Administration from the University of Lagos in 1999.

He has experience in corporate management, having worked in Nigeria International Bank (now Citibank) as an Assistant General Manager and in Metalum Limited as a Project Manager.

He was appointed to the board of NEM Insurance Plc in September, 2009, and is currently Chairman.

Fidelis is an Associate of the Chartered Institute of Administration and also a member of the Nigeria Institute of Management.

He holds 446,534,443 units of shares at Fidson Healthcare Plc. As at our cut-off date, Fidson was trading at N5.68 per share. This gives him a net worth of N2.5 billion.

Lieutenant General Theophilus Yakubu Danjuma


T.Y. Danjuma, GCON, is the Chairman of May & Baker Nigeria Plc and had once single-handedly bailed the company from financial straits with a multi-billion Naira loan.

He served as a Minister of Defense for the Federal Republic of Nigeria from June, 1999, to March, 2003. He had once been the Chief of Army Staff of the Nigerian Army from 1975 to 1979.

Though largely known for his service in the military, Danjuma has also proven to be an astute businessman.

He has 254,841,302 units of shares in May & Baker Plc which was trading at N3.20 per share as at our cut-off date. This gives him a net worth of N815 million.

Danjuma could be worth much more, as he is known to have several holdings in other blue-chip firms outside the pharmaceutical sector.

Notable mentions
A.B.C Orjiako


Dr. ABC Orjiako has been the Chairman of Seplat Petroleum Development Company Plc since March 3, 2010, and has been its Director since December 14, 2009. He doubles as the Chairman of Neimeth Pharmaceuticals Plc.

Dr. Orjiako holds an MBBCH degree from the University of Calabar. He trained as a general surgeon in Lagos University Teaching Hospital (LUTH) from 1989 to 1991.

He sub-specialised in orthopedic and trauma surgery at National Hospital, Igbobi, and qualified as a Fellow of the West African College of Surgeons.

In 1996, he delved into business, after eleven years of active medical practice at LUTH and National Orthopedic Hospital, Igbobi, Lagos.

He has 372,377,503 units of shares at Neimeth Pharmaceuticals Plc. As at our cut-off date, Neimeth was trading at N0.82 per share. This gives him a net worth of N305 million.

Orjiako makes the cut, despite having pharmaceutical holdings worth less than a billion, due to his being a billionaire from his holdings in Seplat Petroleum Development Company Plc.

Prof. Elijah Ndajiya Sokomba
Elijah N. Sokomba is a Professor of Pharmacology at the University of Jos.

He is on the board of directors at Neimeth International Pharmaceuticals Plc. He has 409,857,176 units of shares at Neimeth.

As at our cut-off date, Neimeth was trading at N0.82. This gives him a net worth of N336 million.

Folarin Rotimi Abiola Williams Jnr.
Folarin is a son of the late legal luminary, Frederick Rotimi Alade Williams (popularly known as F.R.A Williams or Timi the law). Mr. F. R. A. Williams Jnr. is a Chemical Engineer and a legal practitioner.

He was educated at Imperial College of Science and Technology, London, where he graduated with a B.Sc. (Hons.) AGGI Chemical Engineering. Following a study at Selwyn College, Cambridge, from 1981 to 1983, Mr. Williams obtained an MA Cantab Law, and subsequently attended the Nigerian Law School from 1983 to 1984.

He holds a total of 72,587,449 shares in Pharma Deko Plc. As at our cut-off date, this gives him a net worth of N163,321,760.

Mazi S.I. Ohuabunwa


Mr. Ohuabunwa read Pharmacy in the University of Ife, graduating in 1976. He has a postgraduate degree in Business and Organizational Management at the Columbia University, N.Y., USA, and another one from the Lagos Business School.

He joined Pfizer Products Plc in 1978 as a Pharmaceutical Sales Representative and rose to become the Chairman/CEO in 1993.

In 1997, he led the management buy-over of Pfizer Inc shares in Pfizer Products Plc, transforming the resultant company, Neimeth International Pharmaceuticals Plc, into a medium-sized Nigerian R& Based Pharmaceutical company.

He voluntarily retired from the company after 33 years of service in the industry, 18 years of which were at CEO level.

He has 126,956,834 units of shares at Neimeth. As at our cut-off date, Neimeth was trading at N0.82. This gives him a net worth of N104 million.



Mrs. Funmilola Ayebae


Mrs. Olufunmilola O. Ayebae got her Professional Secretaries Diploma from the London College of Secretaries in the United Kingdom, after which she worked in many organisations in various capacities for a number of years, before establishing her own business, Goodness Supermarket, in 1995.

She is also the MD/CEO of Townhouse Limited. She became a Director of Fidson Healthcare Plc in 2001. She has 64,220,000 units of shares in Fidson Healthcare Plc.

As at our cut-off date, Fidson was trading at N5.68 per share. This gives her a net worth of N364,769,600.

Mrs. Ayebae makes the cut by virtue of being on the board and married to the founder of the company.

alanto:
Gidgiddy, mrvitalis


I created this thread because you said igbo own 70% pharmaceutical companies in Nigeria..

These are the major Pharmaceutical companies own by Nigerians in Nigeria.

😂 😂 😂 😂 😂 😂 😂 😂 😂 😂 😂
Childish list. Is like you mentioned the ones you know or the ones in your street.
Imagine no emzor, orange drugs etc

Secondly what did that tribe do to you that would warrant you to waste your data compiling pharmacy companies in your street/state