The Pharmaceuticals Export Promotion Council of India (Pharmexcil) will soon launch the much awaited common warehousing facility in Nigeria which will be a huge benefit and convenience for the Indian pharma exporters to Nigeria and neighbouring countries in Africa.

Bonded general area, non-bonded general area, non-bonded temperature controlled area and bonded temperature controlled area are the facilities that will be available in the warehousing facility for which the Council has at last zeroed in on an agency to assist it.

“The Council has been trying to establish a common warehousing facility at Nigeria for the last 2 years, for the benefit/convenience of exporters to Nigeria and neighbouring countries. It could not be finalised earlier as we were finding it difficult to identify a right agency who can assist the Council conforming to the requirements/suggestions of members. We are now pleased to inform that the Council has identified a very appropriate logistic agency, namely Bollore Africa Logistics, Nigeria, who has offered a well-established warehouse facility,” said Dr P V Appaji, director general, Pharmexcil.

The warehousing facility is situated at 26, Creek Road, Lagos, Nigeria. The Council will take larger area on lease basis, which will be allotted to the members, in smaller areas depending upon requirement of members. It will provide storage facility for the goods of member companies. Bollore Africa will stores and distribute drugs & pharmaceuticals as per requirement of members.

The exporters can store their products in different facilities of warehouse and cater to Nigeria and other countries. They are required to take some minimum space and pay monthly lease rentals, irrespective of usage of the facility. Bollore Africa can also provide other logistic services to members, as per mutually agreed terms.

Bollore Africa Logistics is part of Bollore Group, which has its presence in 99 countries with over 35700 employees. It has most extensive integrated network in all five continents, with complete end to end logistics services. In Nigeria, Bollore is operating since 1961, with five branches at Lagos, Port Harcourt, Abuja, Kano and Warri. It has all facilities required for pharma sector like controlled and non-controlled, post-bonded & pre-bonded etc. and already is servicing pharma sector.

The Council is organising IPHEX Africa during February 18-20, 2016 in Nigeria. It is proposed to launch the warehousing facility in Nigeria during IPHEX Africa, said Dr Appaji.