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.

IF-K     Hajj     Bola Magaji     Afonja     Ahmed Ayinla Jimoh     Hikmah AbdulKareem     Ibrahim Kayode Adeyemi     Aliyu Muyideen     Kamaldeen Kehinde     Ilorin Emirate Staff Association     GAMA     Ethical College     Third Estate     Alikinla     Monthly Sanitation Exercise     Vasolar Consultoria     Abdulganiyu Salahudeen     Abdulkadir Bolakale Sakariyah     Aro Yahaya     Olatomiwa Williams     Ibrahim Abiodun     Onilorin Of Ilorin     Busari Alabi Alausa     Alabere     Sheikh Ridhwanullah     Opobiyi     Yoonus Kola Olatinwo     Muhammed Taofeeq Abdulrazaq     Muhammad Fawaz Abubakar     National Broadcasting Commission     Hydroelectric Power Producing Areas Development Commission     Akeem Lawal     Kwha.gov.ng     Muhammad Mustapha Suleiman     Bio Ibrahim     Zulu Gambari     Pacify Labs     Olusegun Adeniyi     Ishak Mohammed Sabi     Suleiman Ajadi     Muritala Awodun     Haruna Olawale Sulaiman     Elections     Albert Ogunsola     Jumoke Gafar     Abubakar Kawu Baraje     Senate Presidency     Abdullahi Samari     Offa Poly     Ilorin Curfew     Chief Imam Of Ilorin     Toyin Saraki     Valsolar-Kwara Company Limited     AGILE Programme     MINILS     Ojuekun     AbdulRazaq Abubakar Jiddah     Mumini Ishola Hanafi     Yusuf Zulu-Gambari     Kwara State Infrastructure Development Fund     Vasolar-Kwara Company Ltd     Yusuf Olaolu Ali     Doyin Agbamu     Ajikobi     Abdul-Rahoof Bello     David Oyerinola Adedunmoye     Mohammed Khadijat Kubura     Dankaka     Dairo Kunle Paul     Temitope Ogunbanke     Tanke Road     Oniyangi     Abdulrahman Iliasu     Jumoke F. Ajao     Sheikh Hamzat Yusuf Ariyibi     Gaa Olobi     Sobi FM    

Cloud Tag: What's trending

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

Saka Asiat Ayinke     Umar Bayo Abdulwahab     Abubakar B.M     Daud Adeshola     Societe Generale Bank Of Nigeria     Olukotun Of Ikotun     Monthly Sanitation     Niyi Osundare     Rachael Obisesan     Sodiya     Rex Olawoye     Durbar Festival     Association Of Kwara State Online Media Practitioners     Galadiman Ngeri     Kwara Pdp     Pius Abioje     Code Of Conduct     Lola Olabayo     Afolasade Opeyemi Kemi     Azeez Bello     Apado     Lateef Alagbonsi     Saka Adeyemo     AbdulHamid Adi     Kwara State Television     Local Government Pension Board     Mahmud Durosinlohun Atiku     Fareedah Dankaka     Shoprite     Tunde Kazeem     Oyawoye     Salami Adekunle     Olayinka Are     Mufti Of Ilorin     Sa\'adu Salau     Quareeb Islamic Association     Lanre Aremu     Abdulwasiu Bolaji Adeyi     Shehu Raheem Adaramaja     QuickWin     Nupe     Summit University     Abdulmajeed Abdullahi     IEDPU     Pategi     Shade Omoniyi     Fola Consultant     Bello Abubakar     Olam Food Ingredients     Kolawole Bashirat     Abdullahi Saadudeen Alikinla     Unilorin     Muslim Cementary     Olateju Lukman     Yusuf Arowosaye     Ronke Adeyemi     Ibrahim Akaje     Kale Kawu     Abdulhakeem Adelaja Amao     Muhammad Toyin Sanusi     JSSCE     Yahaya Abdulkareem     Hakeem Idris     Aliyu Kora Sabi     Fatai Adeniyi Garba     Special Agro-Industrial Hub     Salihu Ajibola Ajia     Mopelola Abdulmaliq-Bashir     Olabimpe Olani     Basic Education Certificate Examination     Obasanjo     Muftau Akanbi Oke     Moronfoye     Bankole Omishore     KWASEIC     Ibrahim Gambari     Kwara State Football Association