Nawa. Ooh

It is not management that makes Evans tick, it is professionals the pharmacists. These banks with onerous and cut throat interests keep killing companies everytime, it wast hitv, etisalat, now Evans medical. CBN is napping.

yaki84:

any spare yam?
Happy sundae

Happy Sunday to you too. Yes enough if you want

mccoy47:
Sometimes i wonder how mega profit making companies run into such financial mess

They pay their management staff exorbitant fees and give their dependants Christmas treats every blessed day.

mccoy47:
Sometimes i wonder how mega profit making companies run into such financial mess

.
Poor corporate governance and decision making.

superhumanist:

mumu....dem no dey tell jokes for your village?

lol....boys dey H jare

mightyhazel:
ahh think say na the evans we know sef..

hahaha wch Evans u know

Jonathan:

Lol!





Some people mumu ẹ

You couldn't tell that it was a joke? See mumu!

Yameater:

Happy Sunday to you too. Yes enough if you want

can i send me acct so u fit send am?

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Don't pity all these pharmaceutical companies who don't know that pharmaceutical company is is a business and not drug prescription. Go and check the successful one are run by none pharmacist, more of them will come down because of poor business decision. Idumota boys are teaching them how to do the business. Note that there is no longer any difference between them and idumota boys in open market, they all do buy and sell, you call yourself a pharmaceutical company. You can not boast of any product you developed and you are projecting using gsk in the us. American business model can not work in Nigeria

yaki84:

can i send me acct so u fit send am?

I don’t send yams I give yams at hand

ijekul:
Mogbe! I even thought they were related to Evans the kidnapper

If you see the speed whe i take open the thread ehn! Chai, there is God o!

hmmmm

seunmsg:


Blame the incompetence of the management board of Evans medical and not the government.

God Bless you. They mismanaged the properties and funds of that company. Although many other companies didn't survive recession but Evans Medicals had their own coming long before recession hit the Nigerian economy.

centboy123456:



hahaha wch Evans u know

the snatch artist..

seunmsg:


Blame the incompetence of the management board of Evans medical and not the government.

Hush

A company that has not been incompetent since the 60's has suddenly become incompetent?

Something is wrong with you

nwaire:
Don't pity all these pharmaceutical companies who don't know that pharmaceutical company is is a business and not drug prescription. Go and check the successful one are run by none pharmacist, more of them will come down because of poor business decision. Idumota boys are teaching them how to do the business. Note that there is no longer any difference between them and idumota boys in open market, they all do buy and sell, you call yourself a pharmaceutical company. You can not boast of any product you developed and you are projecting using gsk in the us. American business model can not work in Nigeria

I think the major challenges pharmaceutical companies in Nigeria face is that they supply drugs to hospitals and pharmacies on credit. Some of these hospitals and pharmacies delay payment after selling the drugs on there shelf or even run away with the payment. Hence, it affects the cash flow of the pharmaceutical companies to sustain their business in Nigeria. And if they refuse to supply on credit, there will be no patronage from pharmacies.

superhumanist:
Evans medical assets

When they were kidnapping medical assets, they did not know that karma was coming for them.

ahahahahahahahah bros no b dat evans get am o

90% of people click on this link thought is Evan the kidnapper including myself this Evan don become a celebrity

ijekul:
Mogbe! I even thought they were related to Evans the kidnapper

na wetin carry me enter the thread be that

kuwa:
Guess who made them go bankrupt? G O V E R N M E N T
They'll ask for supplies and delay in payment or not even pay at all... If another person comes to power, he refuses to pay because it wasn't in his tenure that the bills were incurred...

Big fat lie! If government has been defaulting over the years will they still be doing business with government? Are they children? Abeg! Someone 'finished' that company!

So no more glucose?

Whoever work in Evan medical Agbara beside Unilever in Ogun state will no that the company was mismanage. Their problem started since 2012. Owing salaries between five to seven months and EFCC refused to arrest their directors. Nobody should blame any government, directors and shareholders are the root cause of the problem of this great company. I rest my case.

Thought is our friend Evan the billionaire kidnapper that attempted to prison break last week >:

Too bad. I knew this was inevitable. I did my IT there 2014. They had a hard time paying us interns the monthly peanuts they could afford.

mccoy47:
Sometimes i wonder how mega profit making companies run into such financial mess

It could be due to:
government policy
change in taste and fashion
management ineptitude
board room crisis
failure to keep up with trend, technology

amongst other factors.

nwaire:
Don't pity all these pharmaceutical companies who don't know that pharmaceutical company is is a business and not drug prescription. Go and check the successful one are run by none pharmacist, more of them will come down because of poor business decision. Idumota boys are teaching them how to do the business. Note that there is no longer any difference between them and idumota boys in open market, they all do buy and sell, you call yourself a pharmaceutical company. You can not boast of any product you developed and you are projecting using gsk in the us. American business model can not work in Nigeria

Stop typing what you know nothing about! If Evans fail today as a company, it is due to the long years they operated without pharmacists. Most of the successful pharmaceutical companies are those run mainly by pharmacists e. g Emzor, m and b, drugfield etc.
As for the idumota guys you talked about, they are the ones filling our markets with fake and substandard drugs, and watch out as they are kicked out of their fake drugs business come 2018.
I wonder what you stand to gain by posting the fallacy above. I suspect you are one of the insecure Nigerian medical doctors who think that the pharmacists are the reason for their failure. Stop being insecured and work hard so you can solve the myriads of problems facing the medical world. Stop hating!

edoman2016:

I think the major challenges pharmaceutical companies in Nigeria face is that they supply drugs to hospitals and pharmacies on credit. Some of these hospitals and pharmacies delay payment after selling the drugs on there shelf or even run away with the payment. Hence, it affects the cash flow of the pharmaceutical companies to sustain their business in Nigeria. And if they refuse to supply on credit, there will be no patronage from pharmacies.

That's not the case. Medical representatives have have strategies for debt recovery. I have worked as one. Most pharmacies and hospitals pay up debts as and when due. Reps have drastic measures they use to recover debts from defaulting ones.
The problem is always with the management! Some managers spend their company's monies recklessly. Poor management of resources is the reason many companies fail and this is not peculiar to pharmaceutical companies.

Jman06:
That's not the case. Medical representatives have have strategies for debt recovery. I have worked as one. Most pharmacies and hospitals pay up debts as and when due. Reps have drastic measures they use to recover debts from defaulting ones.
The problem is always with the management! Some managers spend their company's monies recklessly. Poor management of resources is the reason many companies fail and this is not peculiar to pharmaceutical companies.

How can medical representative recover debt from their defaulters? Cause I believe it is very difficult to force a debtor to pay up if he/she refuses to pay. That's even if the debtors has not relocate his/her pharmacy without notifying you. Maybe you can explain the strategies medical representative uses to collect payment on the due dates from their debtor.

People are becoming more dubious and self centered. When thieves and crooks hold top positions at the management of an establishment. Imagine when the company was formed. Evans products can be found in every home. This is simply Jimoh Ibrahim style. Same thing that led Etisalat to where it is today. They will collect huge loan from a group of Banks in the name of expanding an already thriving business. The chairman and some directors will then divert funds.
Unfortunately, the economy dwindled to the point that sales drop in all industries.
You 'll see them change management plan to blocking leakages (meanwhile, they are they holes in the business) by franchising units, laying off staff.
I pity those that have their hope in the company.

Processes are to be adhered to strictly.
Everluations should be properly done. Procurement units should be properly checked.

Time to look into the books of company managements.
Thieves.