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.
Ali Ahmad Ibrahim Agboola Gambari Mohammed Kamaludeen Samuel Elizabeth Keatswa Mopelola Abdulmaliq-Bashir Iyabo Adewuyi Abdulkadir Bolakale Sakariyah Garba Dogo Buari Edun Al-Ilory Baba Issa Awoye Lukman Adeloyin United Nigeria Airline Sanusi Abubakar Taofeek Ibraheem Olatunde Jare Alliance For Democracy Yusuf Aiyedun Kehinde Baale Abikan Zulkifli Ibraheem Kayode Bankole Abdulraheem Yusuf National Pilot Joseph Offorjama Yusuf Badmus Senior Staff Union Of Colleges Of Education NTA Ilorin Segun Olawoyin Muhammadu Buhari Kwara State Coalition Of Business And Professional Associations Yusuf Amuda Aluko Special Agro-industrial Processing Zone Yakub Ali-Agan Adesoye College Basit Olatunji Amosa Aliyu Muhammad Saifudeen Garba Idris Ajia Ajia-Bako Balogun Fulani Abdullahi G. Mohammad Savannah Centre For Diplomacy, Democracy And Development Durosinlohun Atiku Ahmed Alhasssan Sheikh Ridhwanullah Yunus Oniboki Kwara South Ibrahim Orire Yusuf Zulu-Gambari Laboratory-to-Product Paul Odama ENetSuD Lucky Omoluwa Kwara Consultative Forum ITEM 7 Christian Association Of Nigeria Olupako Of Share Waziri Yakubu Gobir Abdulrazaq Akorede Universal Basic Education Commission Muhammad Ghali Alaaya Saliu Shola Taofeek Offorjama Alore Paul Olawoore Metro Park Kawu NULGE International Aviation College Erin-ile Abdulmumini Sanni Jawondo Baba Issa Ogbondoroko Vasolar-Kwara Company Ltd Saliu Ajia AbdulRazaq AbduMajeed Alaro

