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.

Park     Harafat E. Mukadam     Siraj Oyewale     Ajibike Katibi     Umar Ahmed Gunu     Risikat Lawal     Ahmed     Shuaib Jawondo     QuickWin     N-Power     Kishira     Isiaka Abdulrazak     Yusuf Zulu-Gambari     Jide Oyinloye     New Model Police Station     Oke-Kura     Shehu Adaramaja     Kwara Metro Park     Tunde Oyawoye     Ibraheem Abdullateef     Toyin Sanusi     Muhammadu Gobir     Yemi Osinbajo     Nigerian Army     Afonja     Shola Odetundun     AbdulRazaq Abubakar Jiddah     Saadu Gbogbo Iwe     Elections     Funmilayo Oniwa     Babajide Ajayi     CT Ayeni     Shettima     Alao Ayotunde     Ayinde Oyepitan     BECE     Abdulrazak Shehu Akorede     Federal Allocation     Ahmad Olanrewaju Belgore     Saad Omo Iya     Ibrahim Mohammed     Ajuloopin     PPS     Oba David Oyerinola Adedunmoye     Agboola Abdulraheem     Ben Duntoye     Umar Danladi Shero     KW-GIS     Communication Network Support Services     Taofik Abdulkareem     Abdullah Janet Amudat     Sarah Alade     Yusuf Lanre Badmas     Bureau Of Lands     Aliyu Muyideen     Ajase-Ipo     Atunwa     Tanke Road     Ibrahim Agboola Gambari     Owo Isowo     Twitter     Abdulrazaq Solihudeen     Ifelodun     Federal Polytechnic Offa     Kayode Ogunlowo     NIPOGA     Muhammed Akanbi     Kwara State Sports Commission     Segun Abifarin     Saadu Yusuf     Elerin Of Adanla Irese     Dar-Al-Handasah Consultants Ltd     Ibrahim Abdullahi     Lukman Adeloyin     Ndama Al-hassan     Clement Yomi Adeboye     JAMB    

Cloud Tag: What's trending

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

IYA YUSUF     Unilorin FM     Assayomo     Otuka     Kumbi Titiloye     Solomon Edoja     Sabitiyu Grillo     M.Y. Abdulrahaman     Clement Yomi Adeboye     Code Of Conduct Tribunal     Abiodun Jacob Ajiboye     Tosho Yaqub     Ishola Abdullahi     Kayode Oyin Zubair     Alimi Abdulrazaq     Pakata     Osinbajo     Babajide Ajayi     Asa     Kwara South     Obuh     Post-utme     Charles Ibitoye     Abdulfatah Ahmed     Bukola Saraki     Funke Adedoyin     Hussein Oloyede     SWAN     Lawyers Unite Against Corruption     Senior Ibrahim Suleiman     Adamu Attah     LAK Jimoh     Olupako Of Share     Yoonus Kola Olatinwo     Falokun-Oja     Muhammed Danjuma     MINILS     Oni Adebayo     Minimum Wage     COVID-19 Palliatives     Aasiyat Bello Oyedepo     Air Peace     KW-GIS     Alabi Lawal     PAACO-PCL Consortium     Kola Adesina     Dankaka     Alliance For Democracy     Ahman Pategi University     General Tunde Idiagbon International Airport Ilorin     Umar Bayo Abdulwahab     Iqra Books     Tsaragi     Sheriff Shagaya     Abdulbaqi Jimoh     Aso-ofi     Clara Nwachukwu     Isiaka Yusuf     Kwara State Branch Of The National Library     Eghe Igbinehi     KwaraLearn     Park     Eruku     Oba Mogaji Abdulkadir     Oladimeji Thompson     Oloye     NSCIA     All Confederation Of Principals Of Secondary Schools     Just Law Forum     Surajudeen Akanbi     Yahaya Seriki     Bashirat Bola Bello     Abubakar Olusola Saraki     Law School Scholarship     Metro Park     CBT     Yusuf Mubarak