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Ohuabunwa ‘breaks the ground’ for N2 Billion Pharmacy Tower project

A property situated on a highbrow side of the city – Churchgate Street, Victoria Island, was the venue of the event of the ground-breaking ceremony and debenture launch. The site was the scene of events that will remain historic in the annals of the body of pharmacists in Nigeria as anchored by the PSN. According to the PSN president, “it is the flag off (of) the construction of the Pharmacy Tower, an eight storey building that will house a national Drug & Poison Information, Emergency Response and Research Centre, which will serve as a major resource centre for the pharmaceutical industry and indeed the entire healthcare system.”

The one billion, nine hundred and eighty million naira (N1,980,000,000) project is a cooperative fund to be raised in one thousand naira (N1000.00) each.
Kick-starting the launch was Sir (Pharm.) Nnamdi Obi – Founder, Chairman and Chief Executive Officer of Embassy Pharmaceuticals and Chemicals Limited. He stated that with his instrumentality, he would be able to raise about two hundred million naira for the fund, while on its part the PSN leadership pledged the sum of one hundred million naira towards the fund.

Several stakeholders on the occasion made enthusiastic and handsome contributions, both in their personal capacities as well as on behalf of their different organisations. Notable among them was her ebullient self, Dr. (Mrs.) Stella Okoli, MD/CEO Emzor Pharmaceuticals Ltd – who also gave out branded gifts to everyone present at the event. Others were: Pharm. Bukky George, CEO HealthPlus Pharmacy; Pharm. (Mrs.) Joke Bakare – founder/ CEO Medplus Pharmacy; Pharm. Sam Adekola – National Chairman, Association of Community Pharmacists of Nigeria (ACPN); Pharm. (Mrs.) Gbone Ilukwe, founder/ MD Medvacc Pharmaceuticals Ltd; Prof. (Pharm.) Mrs. Igwilo – West Africa’s first female professor of pharmacy; and a host of others.

In the course of the event, PSN President, Mazi Sam Ohuabunwa urged every practising pharmacist in the land to embrace the cause for which partakers will stand to benefit immensely including future generations of pharmacists. He stated that, “the Pharmacy Tower Project seeks to raise a 7-year 20% per annum fixed rate debenture worth N1.98 billion (naira) through cooperative fund raising.”

One of the outstanding highpoints of the day was almost emotional as Pharm. (Mrs.) Rosemary Nikoro (BOF – PSN) initiated a worthy cause – a memorial launch on behalf of a one-time president of the PSN, late Pharm. (Sir) Samuel Agboifo. He is said to be the brain behind the Pharmacy Tower project, and proceeded to facilitate the piece of land on Victoria Island. Glowing tributes were poured out in his honour and followed by high eagerness to etch his name in gold – among contributors to the fund as many present did respond laudably to the call.

By Morgan Nwanguma

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