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.
Ubandawaki Adeleke Ogungbe Mansur Alfanla Abubakar Abdullahi Bata ITEM 7 Quareeb Law School Scholarship Dan Iya Of Ilorin Idofin Muslim Media Watch Group Of Nigeria Ilorin Emirate Staff Association Ibrahim Sulu Gambari Harmony Holdings Bayo Mohammed Onimode Abdulwahab Oba Bolakale Kawu Towoju Ajeigbe Aliyu Muhammad Saifudeen Unilorin FM Yekeen Alabi Ilorin Muslim Community Ilesha-Baruba-Gwanara Buari Edun Ilorin.Info Tunde Saad Quareeb Islamic Association Ajike People Support Centre Osi Kola Adesina Split Diamond Interchange Yakubu Mohammed Abdullahi Amule Elementary School Saduki Lafiagi Jawondo Hakeem Idris Yunus Oniboki Olabode Towoju Alagbado Bashiru Makama Isa Aremu Baruba Smart School Aremu Odolaye Muhammad Akande Olarewaju Odunade Nigeria Governors\' Forum Oluronke Adeyemi Musa Yeketi Isiaka AbdulRazaq Olanrewju Okanlawon Musa Ohoro Of Shao Shonga BIR Kishira Ilorin Likeminds Foundation Kaosarah Adeyi Odogun Olushola Gabriel Muhammadu Gobir Muslim Stakeholders Of Kwara State Awodun Babajide Ajayi Mazars Consulting Solomon Edoja Iqra Books Tunde Oyawoye CLAY POT Facebook Agboola Babatunde Nigeria Customs Service Yusuf Amuda Abubakar April 11 Ibrahim Oloriegbe Kola Bukoye Saad Omo Iya Ibrahim Labaika Kayode Ibrahim Valsolar Consultoria

