Kwara gets $15m intravenous fluid manufacturing complex

Date: 2022-06-15

Healthcare delivery received a boost on Tuesday in Kwara with the inauguration of a Medication and Intravenous (IV) Fluid Manufacturing complex worth $15 million.

An indigenous firm, HMA Medical Ltd, established the factory at Ogbondoroko in the Asa Local Government Area of the state.

Mr Damilola Shittu, the Executive Director of the company, said on the occasion that it has the capacity to produce over 500 million syringes and over 1 billion needles per annum.

He stated that the first phase of the project has the capacity to produce 60,000 liters per day of different formulations of IV fluids and medication, using best practices and adhering to global standards.

“Presently our group employs about 1,000 people directly. Our five-year plan has a potential of employing about 2,000 more Nigerians directly while attracting over $100 million in foreign direct investment,” he said.

Shittu explained that the group is creating a value chain in the pharmaceutical industry.

He observed that Nigeria imports all her vaccines, the majority of medications, and almost all medical devices and equipment consumed by the citizenry despite having a vast amount of raw materials available locally.

“Our vision is to make Nigeria a hub for Sterile Medical Devices, Fluid, and Medication in Africa,” he said.

Mrs. Roselyn Ajayi, the South West Coordinator of the National Agency for Food and Drugs Administration and Control (NAFDAC), confirmed that the company had complied with all necessary requirements of the agency.

She stated that NAFDAC was committed to encouraging and mentoring local pharmaceutical outfits on manufacturing medical consumables for the country.

In his remark, Oba Adeyeye Ogunwusi, Ojaja ll, the Oni of Ife, commended the establishment of the pharmaceutical company, saying it will bring more development to the community, state, and the nation as a whole.

According to him, the founders of the pharmaceutical firm had made the country proud, while appealing to Nigerians in the diaspora to come and establish more manufacturing industries in the country.

In his appreciative remark, Mr. Kayode Alabi, the Kwara Deputy Governor, commended the state government for consistently ensuring and providing enabling environment to attract the interest of investors.

“We encourage collaboration, partnership, and mutual relationship towards the provision of deliverable to the citizens in reaching Goal 17 of the United Nations,” he said.

NAN

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Rice Farmers Association Of Nigeria     Olatunde Olukoya     Olatunji Ayeni     Umar Danladi Shero     Bello Bature     Bamidele Aluko     Ilorin Curfew     Abdulwasiu Bolaji Adeyi     REO CAKES     Gobir Organization Foundation     Afolasade Opeyemi Kemi     Alapansapa     Abdulrahman Abdullahi Kayode     Baba Idris     Oke-Ode     ER-KANG Mining     Abdulwahab Oba     Oke-Kura     Amuda Musbau     Countryside Emerging Leaders Fellowship     Yinka Aluko     Abubakar Usman Jos     Oja-Oba     Bareke     Isiaka Danmeromu     Lawal Olohungbebe     TVC Female National Debate     Transition Implementation Committee     Aisha Gobir     Ibrahim Abdulqadir Abikan     Sulyman Atolagbe Alege     Adam Abdullahi Al-Ilory     Ojo Fadumila     Kwara State Fish Farmers Association     Eleja     Quarry Royal Valley     Aliyu Salihu     Oba Sulaiman Asude     Aliyu Olatunji Ajanaku     Ebun-Olu Adegboruwa     Garba Ado Sanni     Olayinka Are     Societe Generale Bank Of Nigeria     Abdulkarim Adisa     CKNG     Saad Belgore     Mahmud Durosinlohun Atiku     Soffiyyallah Kamaldeen     Kayode Ogunlowo     Aremu Odolaye     Haashim Initiative For Community Advancement     Hussein Olokooba     Budo Egba     Sam Okaula     Popo-Igbonna     Joseph Daudu     Isapa     Special Agro-industrial Processing Zone     Kumbi Titiloye     Kayode Alabi     Mashood Abdulrafiu Agboola     Abdulsalam A. Yusuf     Omu Aran     Oyeyemi Olasumbo Florence     Mutawali Of Ilorin     Rasheed Jimoh     Abdullateef Abdussalam     Alikinla     Amos Justus Sayo     Suleiman Yahya Alapansapa     Busari Alabi Alausa     Majlis For Sadakah, Zakat And Waqf     Magaji Nda     Rotimi Atere     Ilesha-Gwanara     Kwara State Fire Service     Laolu Saraki    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Bank Of Industry     Ajayi Okasanmi     Okanlawon Taiwo     Tafida     Kwara Politics     Kwabes     Shoprite     Sheikh Ariyibi     Sa\'adu Gambari     Yusuf Olaolu Ali     Hijaab     08001000100     Adamu Atta     Ballah     Jumoke F. Ajao     Elerin Of Adanla Irese     Saheed Alakoso     Mujtabah Bature     Atunwa     Niguel Gallando Marcias     Kwha.gov.ng     Kwara State Pension Board     Abubakar Atiku     Victor Gbenga Yusuf     CT Ayeni     Just Law Forum     Ibrahim Bio     ARMTI     Radio Kwara     Moses Adekanye     Dan-Kazeem     Talaka Parapo     KWASAA     Muftau Akanbi Oke     Shuaibu Yaman     Ibrahim Kayode Adeyemi     Olaoye B. Felix     Rueben Parejo     Jamila Bio Ibrahim     Aso-ofi     James Ayeni     Ilorin East     TIC     Salary     Afolabi-Oshatimehin Adenike Harriet     Ezekiel Yissa Benjamin     Olabimpe Olani     Aliyu Adebayo     Charcoal     Issa Baba     Ajasse-Ipo     Dauda Adesola     Ibrahim Agboola Gambari     Saka Aleshinloye     Imodoye Writer’s Enclave     Rafiu Ajakaye     11th Galadima     Magaji Are     Opaleke Bukola Iyabo     Bluenile Associates     Risikat Lawal     Kwara State Internal Revenue Service     Abubakar Abdulraheem     David Oyerinola Adedunmoye     Ajuloopin     Wahab Agbaje     Bilikisu Gambari     Segun Adeniyi     Oko-Olowo     Yoruba     Yomi Ogunsola     Paul Odama     KFA     David Oyepinola Adedumoye     Lola Olabayo     Tunji Olawuyi     Logun