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.

Ajuloopin     AbdulHamid Adi     Abdulganiyu Oladosu     UITH     Durosinlohun Kawu     Zulu Gambari     Saheed Alakoso     Mohammed Katsina Ahmed     Agor     Ajasse-Ipo     Sulyman Age AbdulKareem     Odogun Olushola Gabriel     Mubarak Oladosu     Dan Masanin     Yusuf Amuda Abubakar     David Adesina     Ahmad Ali     Busari Toyin Isiaka     JSSCE     Minister     Lola Ashiru     Tanke Flyover Bridge     Sabo-Oke     Ayinde Oyepitan     Odolaye Aremu     Ajakaye     Woro     Lateef Ademola Olatunji     Senate Presidency     Yoruba     Kola Bukoye     Ohoro Of Shao     CT Ayeni     Demola Banu     Adamu Ibrahim Sabi     ER-KANG Mining     Omupo     Ita-Nmo Market     Opobiyi     Chief Imam Of Offa     Isaac Aderemi Kolawole     Magaji Are     Budo Egba     Vasolar     Iyabo Dupe Adekeye     Offa Descendants Union     Clara Nwachukwu     Wakilin Mata Lafiagi     Joseph Yemi Ajayi     Obuh     Salihu Ajibola Ajia     Olumide Daniel Ibitoye     Aliyu Kora Sabi     Abiodun Oyedepo     Ahmed Idris Mohammed     Amada Jidda     Abdulkadir Akanbi-Oke     Kwara State Governor     Adedayo Yusuf Abdulkareem     Folaranmi Aro     AbdulRazaq AbduMajeed Alaro     Mansurat Amuda-Kannike     IYA YUSUF     Ilorin.Info     Suleiman Idris     Issa Oloruntogun     Royal FM     Okin Group     Mohammed Kamaludeen     Gbadeyan Gbadura Yomi     Ophthalmological Society Of Nigeria     Bukola Ajikobi     Toyin Sanusi     National Information Technology Development Agency     Fatimoh Lawal     Sulyman Abdulkareem     Just Event Online    

Cloud Tag: What's trending

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

Akorede     Alabi Olayemi Abdulrazak     Post-utme     Olayinka Jelili Yusuf     Olabanji Orilonishe     Mustapha Olanipekun     Kwasu     Charcoal     Mohammed Halidu     Inside Kwara     Nagode     Sulyman Buhari     Folaranmi Aro     Gbugbu International Market     Shehu Jimoh     CKNG     IQRA College     Arik     Eleja     Emmanuel Olatunji Adesoye     Olatunji Ibrahim     Col. Taiwo     AbdulKareem Yusuf Danhawa     Vasolar     Abdulrasheed Lafia     Ayinke Saka     Abdulrasaq Alaro     Ibraheem Adeola Katibi     Afin Descendants Union Of Odo-Owa     Sheriff Olanrewaju     Michael Nzwekwe     JSSCE     Ayobami Akanbi     Alore     IDPU     Sa\'adu Salahu     Idris Garba     PAACO-PCL Consortium     Kale Ayo     Shaykh Luqman Jimoh     Binta Abubakar Mora     Federal Road Maintenance Agency     Olaosebikan     KWAFFA     Baba Isale     Ayeyemi Sulaiman     Abdulrahman Abdullahi Kayode     07039448763     Oke-Ode     Kayode Yusuf     Gani Saadu     Abdulfatai Baakini     Akom Construction And Engineering Synergy Ltd     Suleiman Yahya Alapansapa     Oju Ekun Sarumi     Sulyman Abdulkareem     Deji Ajani     Ibrahim Issa Jetti     Mike Omotosho     Raliat Islamic Foundation     Madawaki     Gamji Members Association     Funmi Salau     Ajibola Saliu Ajia     Colleges Of Education Academic Staff Union     Salmon Babatunde Salmon     Asiwaju Bola Tinubu     Femi Agbaje     NITDA     Eleja Taiwo Banu     Odo-Owa     Hauwa Nuru     Modupe Oluwole     Bola Sagaya     Ishola Balogun Fulani     Coalition Of Kwara North Groups     Babatunde Ajeigbe