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.

Sanusi Abubakar     REO CAKES     Kale Bayero     Adedayo Yusuf Abdulkareem     Tsaragi/Share     Aliyu Adebayo     Abdulrazaq Adebayo     Harafat E. Mukadam     Mustapha Akanbi     Abdulrasaq Alaro     Khadijat Ayoola Yusuf     Balikis Jawondo     Sulu Gambari     Bilikis Oladimeji     Gobir Organization Foundation     Adamu Ibrahim Sabi     Razaq Ayobami Akanbi     Taofik Abiodun Ahmed     Kola Shittu     Ayeyemi Sulaiman     Odo-Owa     Abubakar Baba     Aremu Odolaye     Saka Abimbola Isau     Isau     Curfew     Tunde Mukaila Mustapha     KWATMA     Oyeyemi Olasumbo Florence     Garuba Alikinla Shittu     Wasiu Onidugbe     Binta Abubakar-Mora     COVID     Hassanat Bello     Siddiq Adebayo Idowu Salawu     March 18     Akanbi-Oke     Okin Malt     Isiaka Oniwa     Arca Santa     Ophthalmological Society Of Nigeria     Emir Of Yashikira     Oba Abdulkadir La\'aro     Millennium Development Goals     Kwara Pdp     Jumoke Monsura Gafar     Oloruntoyosi Thomas     Ahman Patigi     Vasolar Consortium     Kwara Restoration Project     Ahmad Uthman     Yahaya Abdulkareem Babaita     CLAY POT     Arik     Hijaab     Chief Imam Of Ilorin     NNPP     Labaeka     Monthly Sanitation Exercise     Centre For Community Empowerment And Poverty Eradication     Yahaya Muhammad     Olaitan Adefila     Sunday Otokiti     PAACO-PCL Consortium     Elerin Of Adanla     Geri-Alimi Split Diamond Interchange     Oyun     Popo-Igbonna     Isa Aremu     Umar Yakubu Jaja     Salihu Ajibola Ajia     Lanwa     Abdulmajeed Abdullahi     Lanre Olosunde     Seed Technologies     Kwara NIPR     Kayode Oyin-Zubair    

Cloud Tag: What's trending

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

Bello Bature     Erubu     Afetu Of Alabe     Kulende-UITH     Flights To Ilorin     Gobir     Aliyu Muhammed     Samuel Elizabeth Keatswa     Ishaq Oloyede     Noah Yusuf     CELF     Nurudeen Muhammed     Chemiroy Nigeria Limited     Mohammed Halidu     Elerinjare-Ibobo     UITH     Otuka     Facebook     Adegoke Bamidele     Hakeem Lawal     Maryam Ado Bayero     Twitter     Bolakale Ayo     Olanrewju Okanlawon Musa     TESCOM     Hassan Oyeleke     Harafat E. Mukadam     Offa Grammer School     Funmilayo Oniwa     Elesie Of Esie     Kunle Akogun     Adewuyi Funmilayo     Laolu Saraki     SSUCOEN     Asa     Adamu Atta     Magaji Nda     Amoyo     Unicontinental Construction Company     Yomi Adeboye     Rapheal Ashaolu     Galland Marcias     Yaman     Sulyman Age AbdulKareem     Pakata Patriots     Hausa     Muhammed Akanbi     Garba Ado Sanni     Bamikole Omishore     Ilorin Innovation Hub     Babatunde Ajeigbe     Valsolar-Kwara Company Limited     Galadiman Ngeri     Abdulmumini Sanni Jawondo     Muslimah Entrepreneurship Forum     Busari Toyin Isiaka     Kisra     Sambo Murtala     Ubandawaki     TETFUND     Makama     Muyideen Ajani Bello     Is\'haq Modibbo Kawu     Curfew     Col. Ibrahim Taiwo     Halimat Yusuf     Omu-aran     Maigida Soludero Transit     Oniwasi Agbaye     Madawaki     Illyasu Abdullahi     Societe Generale Bank Of Nigeria     Abraham Ojo     Abdulmalik Bashir Mopelola Risikatullahi     Sa\'ad Alanamu     Ilorin Emirate Staff Association     Hijab