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.

Sunday Fagbemi     Bashir Omolaja Bolarinwa     Ibraheem Adeola Katibi     April 11     Kwara State Governor     Galadiman Ngeri     Trader Moni     Haliru Dantoro     Oloruntoyosi Thomas     Law School Scholarship     Inside Kwara     Fola Consultant     Demola Banu     Ojuekun     Amada Jidda     Ezekiel Yissa Benjamin     Ndama Al-hassan     Abdulrahman Abdulrazak     Orisun Igbomina     Maimunat Oloriegbe     Abdullah Janet Amudat     CT Ayeni     Women Radio     Oniyangi     Yunus Lawal     TESCOM 2025     Yusuf Abdulraheem     Raliat Elelu-Habeeb     Lanre Jimoh     Abdullahi Saadudeen Alikinla     Oniwasi Agbaye     Mogaji Aare     KW-GIS     Dumagi     Balogun Fulani     Olusin Of Ijara Isin     Gobirawa     Muyideen Ajani Bello     Sidikat Akaje     Ibrahim Gambari     Bukola Ajikobi     Ayodele Kuburat Olaosebikan     Ilorin Innovation Hub     Share-Tsaragi     Peter Obi     Katibi Ibraheem Adeola     Senior Special Assistant On Student Affairs     Aisha Ahman Pategi     Senate     Olatunde Jare     Rebecca Bake     Millennium Development Goals     Busari Alabi Alausa     Olatunde Michaels     NITDA     GGDSS Pakata     Atiku Abubakar     Solomon Edoja     Usman Alkali Baba     Kwara Restoration Project     Muslim Media Watch Group Of Nigeria     Tunji Folami     Majlis For Sadakah, Zakat And Waqf     Azeez Salawu     Henry Makinwa     Tsado Manman     Razak Atunwa     Eleja Taiwo Banu     Oyedun Juliana Funke     Muftau Akanbi Oke     March 28     Wahab Issa     Kayode Yusuf     Ganmo Power Sub-Station     Ita-Ore     Ahmad Uthman     International Aviation College    

Cloud Tag: What's trending

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

Share/Tsaragi     Shehu Alimi Foundation For Peace And Development     Sabitiyu Grillo     Ibrahim Gambari     Aliyu Muyideen     Balogun Gambari     Bukola Saraki     Adebayo Salami     Bilikis Oladimeji     General Hospital     Moro     Christopher Ayeni     ASUU     Ishola Balogun Fulani     International Public Sector Accounting Standards     Hamza Usman     Sheikh Ridhwanullah     Suleiman Mora Omar     Air Peace     Oladipo Akanmu Tolani     Kola Olota     Kayode Ishola     Idowu Aremu     Saidu Yaro Musa     Agor     Gambari     Gbugbu International Market     All Confederation Of Principals Of Secondary Schools     Atiku Abubakar     Wahab Olasupo Egbewole     Kwara TV     Dumagi     Yinka Aluko     Tsaragi-Share     Ijakadi     Junior Secondary School Certificate Examinations     Otunba Taiwo Joseph     Ashiru     Sa\'adu Salahu     Joseph Alex Offorjama     Mohammed Yahaya Barki     Abubakar Usman Jos     HICA     Salihu Yahaya     Lithium     A.O. Belgore     Ayedun     Kazeem Adekanye     Elelu     Kola Adesina     Kunle Akogun     Tanke Road     Sidikat Akaje     Abdulmumini AbdulRazaq     Adebara     Abiodun Oyedepo     Bashirat Bola Bello     Allocation     Matthew Babaoye     Kwara North     Femi Gbajabiamila     AbdulRahman Saad     Aliyu Adebayo     Abikan     Tosho Yaqub     Awodun     College Of Arabic And Islamic Legal Studies     Yusuf Abubakar     Communication Network Support Services     Saadu Yusuf     Just Law Forum     Yahaya Oloriegbe     Segun Ogunsola     Face Masks     Oko-Erin     Ayo Salami     Centre For Digital Economy