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.

BIR     Alliance For Democracy     Shuaibu Yaman Abdullahi     Park     Sayomi     Lanre Jimoh     Umar Gunu     Abdulwahab Oba     Trade Lenda SME Fair     Sheikh Hamzat Yusuf Ariyibi     Ibrahim Jawondo     Elese Of Igbaja     Fola Consultant     Vasolar     Ileloke     Otuka     Bisi Oyeleke     Doyin Agbamu     Tunji Folami     Kunle Okeowo     Earlyon Technologies     KWATMA     Idofin     Kawu Baraje     Ghali Muhammed     Daud Adeshola     ASUU     Aminu Ado Bayero     Salary     AbdulRazaq Abubakar Jiddah     Salihu Ajia     Abatemi Usman     Kemi Adeosun     Teachers Specific Allowance     Jalala     Forgo Battery     Kwara Volleyball Association     Owo Isowo     Omu Aran     Ahmed     Salau Kabiru Abdullahi     Egbewole     Omoniyi     Share     Bello Abubakar     Rotimi Oyedepo     Chief Imam Of Ilorin     Bello Oyedepo     Taibat Ayinke Ahmed     Ayoade Akinnibosun     Kwara     Police Commissioner     Kwara South     Amos Sayo     Oke-Odo     Valsolar Consortium     Abdulmajeed Abdullahi     Tunji Arosanyin     Kwara Muslim Pilgrims Welfare Board     Amosa     CLAY POT     Mohammed Alabi Lawal     Apaola     S.O. Opowoye     Abdulkarim Adisa     Shaykh Luqman Jimoh     Isaac Gbenle     Isaac Aderemi Kolawole     Elerinjare-Ibobo     Unilorin FM     Yunus Lawal     Segun Ogunsola     Kwara State Pension Board     Babatunde Idiagbon     KWTV     Yomi Adeboye     Lukman Oyebanji Fagbemi    

Cloud Tag: What's trending

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

Femi Ogunsola     Saidu Kawu     Muhammed Taofeeq Abdulrazaq     Oloyede     Abdullahi Atanda     Adamu B. Yaqubu     Yakubu Shaaba     Muhammed Abdullahi     Okala Baba     Abdulkadri Ahmad Alaiye     Ajuloopin     Ishola Balogun Fulani     Joana Nnazua Kolo     Ajakaye     Al-Hikmah University     Hassan Abdulazeez Elewu     Tosho Yaqub     Emir Of Yashikira     Raji Ayodele Kamaldeen     Adamu Attah     Ayodele Shittu     HYPPADEC     Maigida     Ike Ekweremadu     Olateju Lukman     Afetu Of Alabe     Awoye     Ishak Mohammed Sabi     Buari Edun     Basic Education Certificate Examination     Moremi High School     Isaac Aderemi Kolawole     Ethical College     Amos Bajeh     KWIRS     Egbewole     Share-Tsaragi     NFAI     Clara Nwachukwu     Yaru     Bamikole Omishore     Baba-Isale     AbdulRasaq Abdulmajeed Alaro     ITEM 7     Abdulsalam A. Yusuf     PPS     Balogun-Ojomu     Toyosi Thomas     Abdulrauf Yusuf     Earlyon Technologies     Abdulmajeed Wahab     Durbar Festival     Ahmed Alhasssan     Countryside Emerging Leaders Fellowship     Abdulraheem Yusuf     NIPR     Idris Amosa Saidu     Jani Ibrahim     Samuel Elizabeth Keatswa     Umar Ahmed Gunu     Jare Olatundun     Kwha.gov.ng     KWTV     Laduba     Sardauna Of Ilorin     AbdulHakeem Ajibola Akanbi     AbdulKareem Yusuf Danhawa     GRA     Principal Private Secretary     Public Holiday     Yusuf Amuda Aluko     Bamidele Adegoke     Okin Malt     Ibrahim Mashood     Edret Sabi Abel     Kwara United     Cornelius Adebayo