Forex Situation Makes Nigerians Work Harder-Okoli | Independent Newspapers Limited
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Forex Situation Makes Nigerians Work Harder-Okoli

Stella Okoli
Posted: Aug 1, 2016 at 11:28 am   /   by   /   comments (0)

Bamidele Ogunwusi


It has been stated that the situation in the forex market in Nigeria has made Nigerians work harder and more innovative.

Group Managing Director of Emzor Pharmaceutical Industries Limited, Dr. Stella Okoli, stated this while recounting how tough it has been for manufacturers in Nigeria to access forex, pointing out that this has caused forex suppliers to think less of Nigeria as a country.

Okoli, who stated this in Lagos recently, while celebrating 30 years of Emzor Paracetamol in Lagos, said that “forex situation has made everybody work 10 times harder as people are becoming innovative on daily basis”.

She disclosed that it could be better if government ensures that percentage of forex is given to manufacturers to source raw materials for production.

On recession, she said government can help manufacturers who have been the engine room of growth in every economy to do better, saying that, “it is through the activities of manufacturers that the government and people can come out of recession.”

In further demonstration of its commitment to taking maximum as well as affordable wellness to every nook and cranny of Nigeria and beyond, she reiterated the commitment of Emzor Pharmaceutical to providing affordable healthcare to everyone.

The company celebrates 30 years of its flagship brand, Emzor Paracetamol, with unveiling of special anniversary pack.

“Over the years, Emzor Pharmaceutical has gone the extra mile in ensuring that affordable healthcare was readily available to everyone, this has made the company consistent in delivery time valued quality products and services to the delight of our customers. Ultimately, we see a world where unlimited wellness is available to all and affordable by all. It is our belief that a healthy nation is a wealthy nation. Therefore, we are giving the gift of wellness to our people, our nation and our world.”

She said the company, which was established in 1984 is into the manufacture of high quality pharmaceutical products and medical consumables.

Okoli said: “It has become a household name in the country and a leader in the pharmaceutical markets known for quality products as prices that offer real value. The company has a range of more than 100 high quality pharmaceutical products and all conform to international standards and approved by NAFDAC.”

Speaking on the achievement of the company, she said Emzor would have achieved more assuming it had embarked on its petrochemical project 30 years ago; stressing it could still complete the project, as it was never too late.