become an integral part of the Nigerian economy today. In a nutshell,
drugstores are described as retail establishments that market drugs, be it
prescription-based, proprietary, or non-prescription medicine otherwise known
as Over The Counter (OTC).
imperative to note that all drugs are called poison, because, depending on how it
is handled, it can either heal or harm a patient.
patent medicine store in Nigeria.
that a certain pharmacology professor once quipped that of what use are
diagnoses and prescription when drugs are unavailable? To further underscore
its relevance, it is generally believed that it is number three on the list of
human needs after food and shelter. Albeit some often debate that clothing
should occupy that spot, of what use is clothing when you are at the mercy of
certain illness or disease? Absolutely baseless!
me that virtually on every major road you visit in big cities, one can spot at
least one drug store. People will always need multivitamins, painkillers, blood tonic, antibiotics, paracetamol
and suspension for teething babies.
There is a growing awareness globally for people to take care of their health
and directly or indirectly, pharmacies or patent medicine stores are the ones making
the money. First aid treatments can also be gotten from the nearest drug store.
The location/site of your store is equally of utmost importance to its survival.
The BAD NEWS…
advisable for you to pay attention to the zoning requirements of the area as
stipulated by the Pharmacists Council of
Nigeria (PCN). It is also stipulated that your medicine shop must have a
licensed pharmacist present at all times.
If you are not a pharmacist, let
alone licensed, you need to hire the services of one. On the average, a fresh pharmacy
graduate that meets such requirement can be employed for a take-home pay of
approximately N50 to N120K per month (based on negotiation). Secondly, pharmacy
stores are expected to give a minimum gap of 200 metres from the nearest
Nigeria often enter into a contractual agreement with young pharmacists to use their
positions to get them the licence at an agreed fee. This is one act both the
PCN and the umbrella body of pharmacists
(PSN) seriously frown upon. A number of pharmacists’ licenses have been
withdrawn over the years as a result of this.
medicine dealers whom the pharmacists council strongly believe are
complementing the efforts of the profession in rural areas and other areas not
covered by pharmacists. The only clause here is that you must have practised
the act of drugs dispensing long enough under a qualified chemist or local
patent medicine dealers. Much as most Nigerian Pharmacists don’t like the idea,
they have learned to tolerate them over the decades.
and logistic, most pharmacies in Nigeria are noted to stock other household
items such as toiletries, batteries, beverages, candy, contact lens, cosmetics,
diet aids, disposable diapers, films and audio CDs, fragrances, greeting cards,
hair care/skin care products, magazines/books, novelty items, oral hygiene products,
pet food, small art and crafts items, snack foods, vitamins and many more.
make you run foul of the law?
retail mart you have in mind?
kick-start a drug store mart?
the eBook – “Profitable Businesses To
Run With N300,000 & Above”.