Kwara gets $15m intravenous fluid manufacturing complex
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.
Wahab Femi Agbaje Ilorin Curfew Paul Olawoore N-Power Ayinde Oyepitan Lai Gobir Funmilayo Zubair Nigerian Medical Association Timothy Olatunde Fadipe Oko Local Government Pension Board Oro Grammar School Old Students Association Adolescent Girls Initiative For Learning And Empowerment Jebba Sadiq Umar Hijab KWSIEC Saidu Isa Oyelere Oyinloye Www.Kwarareports.com Offa Ilorin.Info Abatemi-Usman Isiaka Oniwa Nurudeen Mohammed Mike Omotosho Alikinla Muhammadu Buhari Adedayo Yusuf Abdulkareem Rebecca Bake Patigi Regatta Waziri Yakubu Gobir Binta Abubakar-Mora Seun Bolaji Yusuf Olaolu Ali Abdulkadir Akanbi-Oke Forgo Battery Government High School Adeta Titus Suberu-Ajibola Anilelerin Col. Adedipe Sherif Sagaya 3MTT AbdulGaniyu Kareem Naira Redesign Hijaab Ndakene Oba David Oyerinola Adedunmoye KWTV Salman Jawondo Abdul-Rasheed Na\'Allah Adeola Abraham IESA Opolo Global Innovation Limited Bankole Omisore NAWOJ Habeeb Saidu Olayinka Jelili Yusuf Bond Monthly Sanitation Exercise Abdulahi Abubakar Bata Undergraduate Bursary Eruku Shonga Farm Project Lanre Badmus Baba Isale AbdulRazaq Jiddah Elelu Kunbi Titiloye Balogun Fulani Cassava Growers\' Association Mumeen Lah ASUU Ile Arugbo Tinubu Salihu Ajia Abubakar Imam

