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.

Akeem Lawal     Ishaq Oloyede     HYPPADEC     NIPR     IYA YUSUF     Bilikisu Oniyangi     Ahmed Saidu Rufai     Binta Abubakar-Mora     20 Billion Bond     Makama     Sa\'adu Salau     Sango-UITH Road     Onilorin Of Ilorin     Tosho Yaqub     Khadijat Ayoola Yusuf     Borgu     Ibrahim Abdulqadir Abikan     Awoye     Prince Mahe Abdulkadir     Gbemi Saraki     Shagari     David Oyerinola Adedunmoye     Wahab Isa     Abdulganiyu AbdulAzeez     Sabi     Adamu Jemilat-Baki     International Vocational Centre     Yeketi     Rafiu Ibrahim     Elerinjare-Ibobo     Samuel Elizabeth Keatswa     State Bureau Of Internal Revenue     Sunday Otokiti     Yemi Osinbajo     Omoniyi     Muhammad Fawaz Abubakar     David Adesina     Ojo Fadumila     Matthew Babaoye     Ahmed Ayinla Jimoh     Kwara State Internal Revenue Service     Kwara Consultative Forum     2017 Budget     Ejidongari     Samuel Adedoyin     Jimoh Bashir     Alfa Modibbo Belgore     Tunde Idiagbon Road     Ibrahim Akaje     Opolo Global Innovation Limited     Yekini Adio     Alapado     Rotimi Atere     Mohammed Halidu     Opobiyi     Kabir Shagaya     Omotoso     Salmon Babatunde Salmon     Radio Kwara     FERMA     Shao     Yusuf Lanre Badmas     Yahaya Jibril Usman     Sodiya     Yusuf Amuda Aluko     SSUCOEN     Bashir Badawi     Gbugbu International Market     Kwara TV     Igosun     Isapa     Sadiq Umar     Saadu Gbogbo Iwe     George Funsho Adebayo     Yakubu Dogara     Sobi FM     MATTA Girls Foundation    

Cloud Tag: What's trending

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

Rex Olawoye     Ilorin International Airport     Boko Haram     Oyedun Juliana Funke     Kwara University Of Education     Yusuf Amuda Gobir     Shero     Kehinde Baale     Oba Abdulrahim     Majlis For Sadaqah, Zakat And Waqf     Samuel Olusegun Adedayo     Colleges Of Education Academic Staff Union     Muhammed Abdullahi     Shade Omoniyi     Abdulrazaq Aiyelabegan     Omotosho     Abdullahi Biffo     Sherif Shagaya     Tunde Yusuf     Salake     Michael Nzekwe     Valsolar-Kwara Company Limited     Afonja Descendants Union     Ayedun     Senior Ibrahim Suleiman     Micheal Imoudu     College Of Health     Ridwan Agboola     Yusuf Lanre Badmas     Wahab Abayawo     Oke-Ero     Adijat Adebiyi     Yusuf Mubarak     Neo Mundo Ltd     Fola Consultant     Abiodun Musa Aibinu     Kunle Akogun     Monthly Sanitation     Olaitan Adefila     Joseph Daudu     Tayo Alao     Mustapha Akanbi     Igbaja     Olohungbebe     Centre For Community Empowerment And Poverty Eradication     Salman Suleiman     Oloyede     GAMA     Kamaldeen Gambari     Bamikole Omishore     Hussein Olokooba     Oluronke Adeyemi     Kwara State Television (KWTV)     AbdulRasaq Abdulmajeed Alaro     Frootify     07039448763     Moses Adekanye     Gbemisola Saraki     M.Y. Abdulrahaman     Babata     Shehu Adaramaja     Kunle Okeowo     Mahee Abdulkadir     Offa Descendants Union     Plat Technologies Limited     Saadu Gbogbo Iwe     Funmi Salau     Kwara-SAPZ Project     Baruten     General Tunde Idiagbon International Airport     Emir Of Shonga     TIIDELab     Ganmo Electricity Sub-Station     Yusuf Aiyedun     Ibrahim Bio     Yahaya A Paniyaro     Law School Scholarship