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.

Monthly Sanitation     Alimi     Abdulrauf Yusuf     Mohammed Halidu     Adebayo Salami     Muyiwa Oladipo Kanu     Bamidele Aluko     Bilikisu Gambari     Split Diamond Interchange     Tafida Of Ilorin     Radio Kwara     Babatunde Ishola Babaita     Ghali Alaaya     Al-Hikmah University     Lawan     Abdullateef Abdussalam     Coalition Of Kwara North Groups     Ndama Al-hassan     Elewu     Durbar Festival     Temitope Ogunbanke     Belgore     JUSUN     Adesoye College     Falokun-Oja     Elesie Of Esie     Gambari     Muhammadu Gobir     Prince Bola Ajibola     Asa LGEA School     Centre For Community Empowerment And Poverty Eradication     Abraysports FC     Dele Momodu     Yaru     Aliyu Salihu     Muhammad-Mustapha Suleiman     Olomu     Isiaka Gold     IYA ALFA NLA     SWAN     Voices Of Tomorrow     JSSCE     Rafiu Ibrahim     Abubakar Suleiman     Marafan Shonga     Kwara State Television (KWTV)     Oke-Odo     Kisra     Omotoso     Olabode Towoju     Haruna Tambiri Mohammed     Coronavirus     Kwara Muslim Pilgrims Welfare Board     Gbenga Awoyale     Hausa     Salman Suleiman     Mahe Abdulkadir     Erubu Oba Zubair     Young Progressives Party     Omotosho     Eghe Igbinehin     SGBN     Gbajabiamila     Valsolar Consultoria     Sarah Alade     Kwara State Government     Oba Abdulraheem     Kwara University Of Education     Ilorin East/South Federal Constituency     Usman Alkali Baba     Hauwa Nuru     Bamidele Adegoke Oladimeji     Rihanat Ajia     Simeon Sayomi     AGF Abdulrazaq     Amosa     Apaola    

Cloud Tag: What's trending

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

Omupo     Chief Imam Of Offa     Akanbi-Oke     Baba Idris     Micheal Imoudu     Abdulkadir Bolakale Sakariyah     Offorjama     Ibrahim Orire     Abdulrahman Abdulrasak     CLAY POT     Reuben Paraje     Imodoye Writer’s Enclave     Abdulmajeed Wahab     Fatima Abolore Jimoh     Senior Special Assistant On Student Affairs     Ilorin Central Mosque     Sobi FM     Oke-Ero     Aisha Ahman Pategi     Mutawali Of Ilorin     Alao Ayotunde     Ilorin Emirate Stakeholders Forum     Sarakite     Igbomina     Code Of Conduct Tribunal     Ahmad Ali     Monthly Sanitation     Sherif Shagaya     George Funsho Adebayo     Baruten     Summit University     Haruna Olawale Sulaiman     Elese Of Igbaja     Maryam A. Garuba     Abdullahi G. Mohammad     Benin Republic     Salman Suleiman     Sa\'ad Alanamu     Sodiya     Press Release     Funmilayo Zubair     Trade Lenda SME Fair     Apata Ajele Secondary School     Abdul-Rahoof Bello     Muhammad Yahya     Saka Aleshinloye     Balogun Fulani     Timothy Olatunde Fadipe     Marafan Shonga     Aminu Ado Bayero     MAI Akande     Ahmed Alhasssan     MMWG     Olokoba     Isiaka Alikinla     Abdulganiyu Salahudeen     Abdulraheem Olesin     Quarry Royal Valley     IYA ALFA NLA     Ahmad Olanrewaju Belgore     Muhammed Akanbi     Yusuf Amuda Aluko     Ramadan     Ejidongari     Aisha Gobir     Suleiman Ajadi     AbdulHamid Adi     Fola Consultant     Abubakar Suleiman     Old Oyo     Shehu Raheem Adaramaja     Paul Odama     KWSUED     Bashir Badawi     Idris Amosa Oladipo Saidu     Tunji Moronfoye     Salihu Yahaya