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.

Salihu Jibril Garbi     Kunle Suleiman     Olatomiwa Williams     Riskat Opakunle     Abdul Jimoh Mohammed     Abdulkadir Jimoh     James Kolo     Tayo Awodiji     Yaman     Shuaibu Yaman     Raji AbdulRasaq     Adedayo Yusuf Abdulkareem     Shuaib Jawondo     TIC     Iyabo Adewuyi     Neo Mundo Ltd     College Of Health     Oyedun Juliana Funke     Ben Duntoye     March 18     Abdulrahman Abdullahi Kayode     Jide Oyinloye     Tope Daramola     AbdulRazaq Jiddah     Olatunde Jare     Jani Ibrahim     Chief Imam Of Offa     KWACOBPA     Kehinde Baale     LABTOP     Seni Saraki     Shehu Salau     Dapo Teni Nig Enterprise     Hamza Usman     Salami Adekunle     Ramadhan     CKNG     Otunba Taiwo Joseph     Rebecca Bake     Colleges Of Education Academic Staff Union     Adeniyi Ojo     KWIRS     Umar Saro     Ibrahim Sulu Gambari     Olusin Of Ijara Isin     Moshood Mustapha     Saad Belgore     Wahab Issa     Saidu Kawu     MMWG     FOMWAN     Kwara Liberation Group     TESCOM 2025     Garba Ado Sanni     Azeez Salawu     BIR     Yahaya Jibril Usman     Age AbdulKareem     Sarah Alade     Agboola Babatunde     Mohammed Ibrahim     Sarkin Malamai     Yomi Adeboye     Toyin Saraki     Adedeji Onimago     Zulkifli Ibraheem     Kuliyan Geri     Oro Grammar School     Dele Belgore     Taofik Mustapha     Alabere     Muhammed Aliyu     Ridhwanullah Al-Ilory     Abdulrazaq Magaji     Musa Abdullahi     Egbewole     Hijab    

Cloud Tag: What's trending

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

SSA Youth Engagement     Kwara TV     Usman Yunusa     AbdulGaniyu Kareem     Sunday Otokiti     Rihanat Ajia     Abdulwasiu Bolaji Adeyi     Undergraduate Bursary     Bature Bello     Manzuma     Fatai Olodo     Musbau A. Akanji     Yusuf Ali     Zulu Gambari     Mutawali     Hijab     Labaeka     Offa Descendants Union     Yashikira     Olatunji Abdulmumeen     LABTOP     Kemi Adeosun     Damilola Yusuf Adelodun     Garba Ado Sanni     Kisra     Vasolar Consultoria     Kulende     Salaudeen Oyewale     Magaji Nda     Shuaib Abdulkadir     LEAH Charity Foundation     CCT     Sheikh Ridhwanullah     Alfa Yahaya Road     Dankaka     UNIFEMGA     Ibrahim Abikan     Muhammad Toyin Sanusi     Bola Sagaya     Yusuf Abdulkadir     Kpotum Mohammed Baba     Oyun     Mohammed Ghali Alaaya     Taofeek Ibraheem     Toyin Saraki     Rice Farmers Association Of Nigeria     Ahmed Idris Mohammed     Mustapha Olanipekun     Atiku     New Model Police Station     Abdulrauf Yusuf     RTEAN     Kwara Coalition Of Business And Professional Associations     NIRSAL     Omoniyi Ayinla     Mohammed Lawal Bagega     Chief Imam Of Ilorin     Omu-aran     Lola Ashiru     Egbewole     Okanlawon Taiwo     Samuel Elizabeth Keatswa     Gafaru Olayiwola Olorisade     Sobi     Abdulrosheed Okiki     AbdulRazaq Jiddah     Abdulkadir Orire     Ilorin     Suleiman Abubakar     Sodiya     Elese Of Igbaja     Kazeem Gbolagade     Abiodun Oyedepo     Kwara State Governor     Government High School (GHS), Adeta     Senate President     Apaola