15.8 C
New York
Sunday, November 2, 2025

Buy now

spot_img

Founder of Emzor, Stella Okoli, to Commission ₦35 Billion Pharmaceutical Factory in Sagamu

Dr. Stella Chinyelu Okoli, the visionary founder and Chief Executive Officer of Emzor Pharmaceutical Industries Limited, is set to commission a ₦35 billion Active Pharmaceutical Ingredients (API) manufacturing plant in Sagamu, Ogun State, marking a major milestone in Nigeria’s quest for self-reliance in pharmaceutical production and industrial growth.

The new facility represents a turning point for Nigeria’s healthcare and manufacturing sectors, as it will significantly reduce the nation’s dependence on imported raw materials for drug production. For decades, Nigeria has relied heavily on imported APIs—key components used in formulating medicines—making local manufacturers vulnerable to foreign exchange instability, supply chain disruptions, and inflated production costs.

With the launch of Emzor’s API plant, Nigeria is taking a bold step toward pharmaceutical sovereignty, ensuring that more medicines are produced locally, affordably, and sustainably. This development aligns with the Federal Government’s agenda for industrial diversification, job creation, and import substitution, especially in critical sectors like healthcare.

Beyond its economic and health implications, the factory is also expected to create thousands of direct and indirect jobs, particularly benefiting the South-West region. From highly skilled scientists and engineers to technical operators, logistics providers, and local suppliers, the facility will stimulate broad-based economic activity and enhance livelihoods in Ogun State and its surrounding areas.

Moreover, the API plant will serve as a centre for capacity development, offering opportunities for research, training, and skill transfer in pharmaceutical technology and industrial manufacturing. This will help groom a new generation of Nigerian professionals with world-class expertise in drug formulation, chemistry, and production management.

At 81 years old, Dr. Okoli continues to embody tenacity, innovation, and patriotism. Her leadership has guided Emzor Pharmaceuticals from a modest pharmacy outlet into a multi-billion-naira enterprise with international reach—renowned for its commitment to quality, accessibility, and affordability of medicines.

Born in Nnewi, Anambra State, Dr. Okoli draws from the industrious spirit of her hometown—known for producing some of Nigeria’s most successful entrepreneurs and industrialists. Her story reflects the power of vision, resilience, and purpose-driven leadership.

Married to a distinguished son of Arondizuogu in Imo State, Dr. Okoli balances business acumen with a deep sense of humanity. Through the Stella Okoli Foundation, she continues to mentor young women and entrepreneurs, support education, and promote community health initiatives.

Industry experts have hailed the Emzor API project as a strategic investment that will not only strengthen Nigeria’s pharmaceutical value chain but also enhance public health security and economic sustainability. By producing active ingredients locally, Nigeria can cut import costs, stabilize medicine prices, and ensure reliable access to essential drugs, especially during global supply crises.

As preparations near completion for the factory’s official commissioning, Dr. Stella Okoli stands as a symbol of resilience and excellence, proving that with determination and innovation, Nigerian industries can compete—and lead—on a global scale.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles