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.

Isiaka AbdulRazaq     IsDB     KWASAA     Aso Ofi     Overland     LABTOP     Aminat Ahmed     Ilorin Emirate Stakeholders Forum     SARS     Abatemi-Usman     Tricycle Owners Association Of Nigeria     Gbugbu     Jebba     IDPU     Isin     Kola Bukoye     Saduki Lafiagi     Apaokagi     Yakub Ali-Agan     Marufat Oladosu     S.O. Opowoye     Abdulbaqi Jimoh     Alabe     Musibau Akanji     Ajibike Katibi     Olokoba Abdullahi Ayinla     Alapado     Abubakar Imam     Umar Ahmed Gunu     Olatunji Ibrahim     Igbaja     Yomi Ogunsola     Olukotun Of Ikotun     Savannah Centre For Diplomacy, Democracy And Development     All Confederation Of Principals Of Secondary Schools     Kwara State University Of Education     Code Of Conduct Tribunal     Ahman Pategi     Muhammad Toyin Sanusi     Tafida Of Ilorin     Elerin Of Adanla     Fatima Abolore Jimoh     Abdulfatai Salman Baakini     Muhammad Sirajo Aliyu     Harrison Osauwagboe     Kamaldeen Kehinde     Abdul Jimoh Mohammed     Muhammadu Gobir     Oniwasi Agbaye     Kisra     Ilorin Talaka Parapo     Abdullahi AbdulMajeed     Yusuf Abdulwahab     Ganmo Electricity Sub-Station     Magaji Erubu     Wahab Femi Agbaje     Ahmed Ayinla Jimoh     Saba Mamman Daniel     Abdulfatai Ahmed     Halimat Yusuf     Bolakale Ayo     Edret Sabi Abel     Share     Toyin Olayinka Tejidini     Aminu Ado Bayero     Oladipo Akanmu Tolani     Mashood Dauda     Yahaya Oloriegbe     Ibrahim Kayode Adeyemi     Kwara State Geographic Information Service     Femi Oladiji     Saad Belgore     Hamidu Olowo     Abiodun Abdulkareem     Ayoade Akinnibosun     Oke-Oyi     Laboratory-to-Product    

Cloud Tag: What's trending

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

AbdulRasaq Abdulmajeed Alaro     Turaki     Buari Edun     Umar Bayo Abdulwahab     A.E. Afolabi     Amina Susa\'a De Ahmed     SWAN     Yusuf A. Usman     Shuaib Abdulkadir     Ita-Ore     Muritala Olarewaju     Jimoh Akani     Ophthalmological Society Of Nigeria     Oke-opin     Sardauna     Haruna Olawale Sulaiman     Ibrahim Abduquadri Abikan     Oloye     Agbarigidoma     Oniwasi Agbaye     Tunde Kazeem     Suleiman Idris     Abdullahi Biffo     UNILORIN Alumni     Eleyele     Sobi FM     Asa     Mohammed Jimoh Faworaja     Kola Bukoye     Oke-Kura     Okala Baba     Afolabi-Oshatimehin Adenike Harriet     Tanke Road     Ilorin Airport     Moronfoye     Bamidele Adegoke Oladimeji     Omotoso Musa     Lanre Badmas     Aminat Omodara     Borgu     Maryam Ado Bayero     Kwara-SAPZ Project     Ilorin Metro Park     Oye Tinuoye     Apaola     Iqra Books     Playing Host     Folorunsho Alao     Hassan Abdulazeez Elewu     KWIRS     Ijagbo     Offorjama     SARS     Abdulkadir Bolakale Sakariyah     Galland Marcias     Rapheal Ashaolu     Joseph Bamigboye     Noah Yusuf     Suleiman Mora Omar     Tosin Saraki     Neuropsychiatric Hospital     Oke-Oyi     Surajudeen Akanbi     Ibrahim Abdulkadir Abikan     Aro Yahaya     Temitope Ogunbanke     Akorede     Ahmad Olayiwola Kamaldeen     Post Utme     Isiaka Abdulrazak     Alfa Belgore     IYA YUSUF     Umar Yakubu Jaja     Alfa Modibbo Belgore     Aliyu Olatunji Ajanaku     Tafida Of Ilorin     Ifelodun