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.

Kayode Laro     Taofeek Ibraheem     Simon Sayomi     Jimoh Lambe Abdulkareem     Towoju     Kwara United     Sherif Shagaya     Oniye     Aisha Ahman-Pategi     Hussein Olokooba     Oke-Ero     Wasiu Onidugbe     Otunba Taiwo Joseph     Kwara-SAPZ Project     Muftau Akanbi Oke     Emir Of Shonga     Naira Redesign     Makama Of Ilorin     Femi Oladiji     Valsolar Consortium     Bisi Kristien     Ayoade Akinnibosun     Nupe     Ojuekun     Najim Yaasin     CCT     Aisha Gobir     Valsolar     Eleja Taiwo Banu     Abdulkadir Akanbi-Oke     Kwara Teaching Service Commission     COVID-19 Palliatives     Olabanji Orilonishe     Yakubu Mohammed Abdullahi     GANZY     Countryside Emerging Leaders Fellowship     M.Y. Abdulrahaman     Asa LGEA School     Shehu Alimi Foundation For Peace And Development     All Confederation Of Principals Of Secondary Schools     Adedipe     Arik     HAMFAT Clinic And Maternity     Nigeria Governors\' Forum     Muhammad Mustapha Suleiman     Kamaldeen Kehinde     Alfa Modibo Belgore     Yusuf Olaolu Ali     Magaji Are     Waheed Ibrahim     Garba Ado Sanni     Age AbdulKareem     Vasolar     S.O. Opowoye     Afolasade Opeyemi Kemi     Lotus Bank     Agbarigidoma     Sunset Workers     Osinbajo     Haliru Dantoro     Seni Saraki     Joseph Bamigboye     Micheal Imoudu     NSCIA     Elewu     Unicontinental Construction Company     Suleiman Yahya Alapansapa     Kumbi Titilope     Ajike People Support Centre     Jimoh Olusola Imam     Suleman Abubakar     Olohungbebe     Special Agro-Industrial Hub     CCB     Ilorin Anchor Men And Women     Kola Olota     Ahman Pategi    

Cloud Tag: What's trending

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

Aliyu Salihu     Idowu Aremu     Tanke Road     Babatunde Ishola Babaita     College Of Education     Aliyu Umar     SSA Youth     Iliasu     TESCOM     Oyeyemi Olasumbo Florence     Prince Sunday Fagbemi     Baboko     Adamu Attah     Kawu Baraje     Omoniyi M. Ayinla     Hamidu Olowo     Dan Iya     Monthly Sanitation     Kawu     Chemiroy Nigeria Limited     Garment Factory     Funke Adedoyin     Vishvas KOZ Tractors     Yusuf Babatunde Abdulwahab     Fola Consultant     Femi Oladiji     Abdulazeez Arowona     Nigeria Governors\' Forum     John Obuh     Ilorin South     Oloye     Tunji Ajanaku     Hikmah AbdulKareem     Bashiru Makama     Atiku     Wasiu Onidugbe     Nagode     Zara Umar     Federal Road Maintenance Agency     FOMWAN     Olomu     College Of Arabic And Islamic Legal Studies     Clara Nwachukwu     Musa Ayinla Yeketi     Illyasu Abdullahi     Ekweremadu     Olosi Of Osi     Bilikisu Gambari     Shehu Jimoh     Sarah Alade     Sadiq Umar     Lai Mohammed     Suwa-Arabs     Tunji Moronfoye     Vasolar     Yusuf Lanre Badmas     Ilorin Central Mosque     Balogun Fulani     Saadatu Modibbo-Kawu     Bukola Ajikobi     07039448763     UTME     Ilorin     Asiwaju Bola Tinubu     Sodiya     Sidikat Akaje     Okedare     Colleges Of Education Academic Staff Union     Musa Yeketi     Idris Amosa Saidu     Bayo Lawal     Adesina Simon Sodiya     Abegunde Goke     Abdulrahman Iliasu     Atiku Abubakar     Special Adviser On Digital Innovation     Esinrogunjo