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.

Bilikisu Oniyangi     Oro Grammar School     Baruten     Alfa Belgore     Hamidu Olowo     Lukman Oyebanji Fagbemi     LABTOP     Transition Implementation Committee     Idofin     Kehinde Baale     Old Oyo     Abiodun Abdulkareem     Ebola     Naira Redesign     Mamatu Abdullahi     Moji Makanjuola     AbdulRazaq AbduMajeed Alaro     Ilorin West/Asa Federal Constituency     Sunday Popo-Ola     SSA Youth     Saidu Kawu     Bature Bello     Kunle Suleiman     Obuh     Babatunde Ajeigbe     Tsaragi/Share     Arinola Lawal     Saka Aleshinloye     Shade Omoniyi     Kwara 2019     Ronke Adeyemi     Ajibola Ademola Julius     Ahmed \'Lateef     Ridwan Agboola     MAI Akande     Gbugbu     Oke-Ero     Ilorin Like-Minds     Olofa Of Offa     Bluenile Associates     Offa Grammer School     Ajikobi     Ubandawaki     Students Union Government     Musa Aibinu     Edret Sabi Abel     Baruba     Sulyman Age AbdulKareem     Kishira     Taofeek Ibraheem     Mohammed Jimoh Faworaja     Oke-Odo     Olabanji Orilonishe     Ibrahim Abduquadri Abikan     Kwara Central     Tosin Saraki     Flights To Ilorin     Lai Gobir     Olusin Of Ijara Isin     March 28     Hassanat Bello     Kwara Volleyball Association     Clement Yomi Adeboye     Abubakar Abdullahi Bata     Doyin Group     Bashir Badawi     Aminu Ado Bayero     Saka Saadu     Idris Garuba     Lanre Olosunde     Saheed Akinwumi     N-Power     Crystal Corner Shops     Modibbo Kawu     Muhammed Aliyu     NSCIA     Abdulkadri Ahmad Alaiye    

Cloud Tag: What's trending

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

Iyiola Oyedepo     Kaosarah Adeyi     Taibat Ayinke Ahmed     Hassan A. Saliu     Adesoye College     MINILS     Kwara Primary Health Care Development Agency     Mahmud Babatunde Baker     Abdullahi Biffo     International Public Sector Accounting Standards     KWASSIP     Kayode Ishola     CBT     Asa     Abdul-Rahoof Bello     Mohammed Lawal Bagega     Democracy Day     Kayode Zubair     John Olajide Adedipe     Garment Factory     Abubakar Abdulraheem     Tanke Flyover Bridge     Shaykh Luqman Jimoh     KFA     Yoonus Kola Olatinwo     Emir Of Lafiagi     Jimoh Bashir     Valsolar     Rashidi Yekini     Geri-Alimi Split Diamond Interchange     Abiodun Jacob Ajiboye     Agbarigidoma     Micheal Imoudu     Ministry Of Women Affairs And Social Development     Yusuf Lanre Badmas     Joseph Yemi Ajayi     Adamu Ibrahim Sabi     Ayobami Seriki     Ileloke     Kuliyan Geri     Ahman Patigi     Ganmo Electricity Sub-Station     Amina Susa\'a De Ahmed     FERMA     Sarafadeen Kayode Akorede     Nigeria Customs Service     Yinka Aluko     Yahaya Oloriegbe     Nigeria Computer Society     ANCOPPS     Ike Ekweremadu     Adeleke Ogungbe     Idris Amosa Saidu     Federal Neuro-Psychiatric Hospital     Siddiq Adebayo Idowu Salawu     Ahmad Belgore     Sun Qing Rong     Abdulganiyu AbdulAzeez     Abdulbaqi Jimoh     Sherif Sagaya     JSSCE     Kisra     Towobola Abdulrahman Toyin     Azeez Salawu     Buhari     Kannike     Abdulganiyu Oladosu     Charcoal     Atiku Abubakar     20 Billion Bond     Bello Taoheed Abubakar     Zainab Abass     Abioye Bello     Matthew Okedare     Ado Bayero     Yunus Oniboki     Salake