How To Start A Patent Medicine Store (Chemist) In Nigeria

How to start a patent medicine store, also known as a chemist shop in Nigeria is what we shall be looking at as we proceed in this article. A patent medical store is where over the counter drugs (OTC) are stocked and dispensed to individuals in need of these medicines in order to get well from certain illnesses and they are mostly located at rural settings or communities in the country.

How To Start A Patent Medicine Store (Chemist) In Nigeria

If you would love to set up a patent drug store in the country, you should be aware that the only professional body responsible for approving your business is the Pharmacists Council of Nigeria (PCN). They have a major say on whether or not to allow you operate a chemist shop in the country after they must have been satisfied that you meet the requirements for opening a drug store in your locality.

The PCN through the National Association of Proprietary and Patent Medicine Dealers (NAPPMED) ensures that all the requirements guiding the setting up of patent drug stores are strictly adhered to in the country due to the fact that human lives are involved and they wouldn’t want to licence just about anybody.

Patent drug stores are not managed by pharmacists, but can be owned by pharmacy technicians or many other individuals in the country that have sound knowledge of medicines and the required documents that prove that they underwent the necessary training and licencing to be eligible to operate a chemist shop.

These drug stores are mostly found in rural settings or in places where primary health centres and pharmacy stores are not easily accessible and they help to bridge that gap by making sure that by dispensing certain OTC drugs, those living in their communities can also have a feel of what it means to have something close to primary healthcare in their neighbourhood.

In terms of being lucrative, patent medical stores in Nigeria can fetch you a respectable sum of ₦300,000 or more per month depending on the types of medicines you sell and your proximity to your customers. If your patronage is very high, it should not surprise you when you balance your books and find out that you have made respectable figures in terms of profits.

GUIDE ON HOW TO START A PATENT MEDICINE STORE IN NIGERIA 2021

If you wish to open a chemist shop in Nigeria, we have outlined the step by step guide on how to go about it as we proceed below:

STEP 1: PREPARE A BUSINESS PLAN

The first step on how to set up your patent medical store is to simply prepare your business plan on how you want to run the business. This should be very detailed, factoring in the pros and cons of what owning a patent medical store is all about, your capital, your registration fees, how many employees you would love to have and where the best possible place you would love to site your business should be. All these details matter and you should put all of them into consideration before you proceed with the business.

STEP 2: GET LICENCED BY THE PHARMACISTS COUNCIL OF NIGERIA (PCN)

Once you have decided to set up your drug store, ensure that you get a valid operating licence from the Pharmacists Council of Nigeria (PCN) before anything else. This is very compulsory and very necessary to prevent you from having issues with the authorities in the future.

The PCN, under the authority of the Federal Ministry of Health in Nigeria issues licencing certificates to patent medicine dealers in the country, kindly ensure that you obtain this certificate or risk your shop being sealed either temporary or indefinitely and this can prevent you from joining the relevant proprietary medicine vendors and distributors in the country.

STEP 3: REGISTER YOUR PATENT MEDICINE STORE WITH NAPPMED

In order to register your chemist store in the country, you will be required to join the umbrella body in charge of this which is the National Association of Proprietary and Patent Medicine Dealers (NAPPMED). This is the body authorized by the Pharmacists Council of Nigeria to regulate and control patent drug stores in Nigeria.

To become a registered member of NAPPMED, you will be required to present your licencing certificate obtained from the PCN, after which you are to make a mandatory payment for registration so as to be recognized as a full fledged member of the body. This registration fee is about ₦200,000, preferably with foods and drinks as this is the norm. It is usually a feast time where all members in your zone come and wine and dine as you are introduced to them.

Apart from the registration fee, you will be required to pay a yearly fee of about ₦30,000 – ₦50,000 to renew your membership with the National Association of Proprietary and Patent Medicine Dealers (NAPPMED). The amount varies depending on your location.

STEP 4: REGISTER YOUR BUSINESS NAME WITH THE CAC

After you must have drawn up your business plan and you are sure that you have what it takes to run a successful patent medicine store in Nigeria, and after being licenced by the PCN and registered with NAPPMED, the next step would be to register your business name with the Corporate Affairs Commission (CAC).

This process is a simple one and information on how to register your business name in Nigeria is contained in the link provided. During your business name registration, the CAC will ask for your PCN licence as proof that you are running a genuine business.

STEP 5: GET A RELIABLE DRUG SUPPLIER

Once you have satisfied every requirement up to step 4, the next step is to get a reliable drug supplier for your patent drug store. Ensure that you are familiar with reputable wholesalers and distributors of the type of drugs you want to sell so as to make your business less stressful.

STEP 6: GET A SHOP AT A GOOD LOCATION

Ensure that you get a shop at a good location where you can be readily patronized. Places that do not have access to primary health centres and pharmacy stores are where you can come in and fill the void as the top medicine dealer in that area. In accordance with the health rules governing the country, ensure that your shop is sighted at a neat place so that you do not joepardize the health of your customers.

Also make sure that the environmental condition is conducive for customers by keeping your store neat. Endeavour to site your chemist shop 200 meters away from another patent medical store in busy areas or 400 meters away from the next one in less busy areas.

STEP 7: PUBLICIZE YOUR BUSINESS

This is very important for your business to grow. Once you have established your drug store, ensure that you advertise it so that people are aware of what you do to give you greater patronage. There are some rules governing how to advertise your business if you are in this line of work, it would be great if you found out from your colleagues in this field about the necessary steps to take to get your patent medicine store out there to its target customers.

STEP 8: ATTEND ORIENTATION PROGRAMMES

Be sure to attend important orientation programmes organized by the Pharmacists Council of Nigeria (PCN) for patent medicine dealers in the country and other programmes that are organized by NAPPMED in order to gain knowledge on the latest trends in moving your business forward. You can also attend seminars and presentations organized by some of the top pharmaceutical companies in Nigeria in your zone to gain insight on new drugs that can be beneficial to your customers.

The Author

Maduawuchi Obialo

Maduawuchi Obialo is the founder of Nigerian Guide and an Editor at Nigerian Infopedia. He is a professional Web Content Developer and a Biochemist.

55 Comments

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  1. Am happy to get this information thank you so much

  2. I will love to get a number which I can put a call through.thank once again

  3. Im well educated and will need updates on this discusion

    1. I’m impressed on this information, thank you.

  4. I’m very happy to receive this information. It’s my starting point.

  5. Augustine kehinde success

    Please can someone who registered with CAC can such run patent shop without association

    1. Hi Augustine, no you can’t. You must go through the whole process.

  6. I have paid for my shop and bought the necessary drugs am about to start my patent business but there is an existing patent shop opposite my shop how do i go about it please reply

    1. I’m on this table too,I’ve found a suitable location for my shop
      I was even about paying the rent, on getting there’s the following day I just noticed a provision seller that added few drugs with it is around the place, just 3shops interval, I don’t know if I can still use the place??

      1. Hi Yemmie you can proceed with your business as long as you know you’re focused on only drugs. It gives you better credibility that your patent medicine store can be trusted better than someone else who sells provisions and does the medicine business on the side.

        1. Thanks for the information,I pray it will go a long way for me.

          1. Please sir can I have your number am about to start mine..I just need someone to direct me perfectly,I have never done business before..Thank you very much for the information

  7. You’re a life saver
    Thanks so much for this great one

    1. Am Opeyemi am really impressed thank you so much, I have questions. My boss said I can not open my shop in the town she is, is it normal

      1. Hi Opeyemi, you can open your Patent Medicine Store in the same town as your boss but very different locations. If your boss says you cannot do that, then it’s not normal. Except she’s scared of competition.

  8. The piece is helpful…..
    However,I learnt that there’s is another existing regulatory body called NISSAN apart from NAPPMED
    Is it authorised and operational too???
    If yes,how do they operate??

  9. I wish to set up a patent medicine store from your educative write up

  10. I wish to started up a patent medicine story in my area please can i have some one to guide me on please.

  11. very informative.

  12. I found this helpful. I have heard in mind long ago of setting up a patent medicine store. But, I don’t know how to go about it.Can I get a guide please

    1. Nice website I learn a lots

  13. I have finished my CNA program and I want to start pharmacy business I may qualified to go

    1. If someone has already registered with cac, is it necessary to still register with association again?

      1. Hi Titilope, yes you have to register with the NAPPMED so that you aren’t hindered from doing your Patent Medicine Store business in the long run. Also ensure that the PCN is aware of your business.

        1. Pls sir What is the different between nissan and nappmed and pls can you register under both and if so can you go through your association to get your license?tank u

      2. This is very helpful. Pls can I open my store then later I can go for the registration cos the 200k is expensive for starters like me.

        1. Hi Ruth, you can but to be on a safer side and do your business without having any issues with the relevant bodies, I suggest that you locate the NAPPMED in your area and find out their terms and conditions for owning a Patent Medicine Store in Nigeria.

  14. Very informative and good

  15. Please sir can I register my chemist shop under another person name?

    1. Hi Tina, this is quite risky. Are you sure it won’t backfire in the long run?

      1. Progress nneoma joel

        Please can I get a number that I can chat with for more information?

  16. Thank you very much for the guidelines. I have being wanting to start a patent drug store but I didn’t know how to go about it..but now I know. Tnx a lot

  17. Thank u for the information am a nurse by profession and I want to start the business how do I go about it and how much can it cost.pls reply am waiting

  18. Plz sir reply me so that I don’t make mistakes I have a plan and shop to open it but need help and advice pls

    1. Hi Ndidi, kindly go through the information contained in this article, and try to locate any NAPPMED office in your area for more enquiries.

  19. Can I run a Patent Medicine Store without registering with CAC?

    1. Hi May D, it is advisable to run your Patent medical store with all the required documents to avoid issues in the long run.

  20. Oyetubo Tolulope Rosemary

    Please can I get a business plan on this.

    1. Hi Tolulope, unfortunately it is not possible to give you a business plan on this at this time.

  21. Sir must i have a certificate before i can open a patent medicine store

    1. Hi Patricia, before you are licensed to operate a patent medicine store in Nigeria, you must be certified by the PCN and NAPPMED.

      1. What nissan are they not recognize in Lagos?

        1. Hi Funke, For Patent Medicine Store business, NAPPMED is the main association to register with anywhere in Nigeria but if you’re in Lagos State, you should also look to register with the Lagos State Medicine Dealers Association.

  22. Thank u very much sir, pls sir like how much did I need to start my chemist store ?

    1. Hi Lizzy, to start your Patent Medicine Store business in Nigeria, you will need from ₦500,000 upwards.

      1. Thank you so much for this information.
        But please how much can I use for registering all and where can I register here in Lagos? Please I really need an urgent answer. Thank you.

        1. Hi Lizzy, the information you seek is in the article already. Kindly go through it again.

  23. Very informative,I wish to start mine very soon.thanks

  24. This is a very helpful information
    Please to register such patent medicine store in Lagos will cost how much? Who are those responsible agency for that in Lagos? I’m RN holder which I’m planning to establish my chemist and nursing home very soon.

  25. Thanks a lot for this sir. In your write up, you mentioned that a yearly fee of ₦30,000 – ₦50,000 is paid, which is used for vigilante dues and registration into PCN, after registering with NAPPMED. Sir, by that statement, do you mean it’s NAPPMED’s responsibility to register me with PCN from this yearly fee of ₦30,000 – ₦50,000?

    1. Hi Oghenero, from the article, it is very clear that we mentioned that the yearly fees are used to renew your membership with NAPPMED. We never wrote that it is used for vigilante and PCN re-registration.

  26. Please sir can I have your number? I’m about to start up the Patent Medicine Store business in Nigeria and I need your direction. Thanks.

    1. Hi Treasure, kindly contact the admin via email at nigerianguideng@gmail.com

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