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.
Bolaji Abdullahi Ilorin Muslim Community Aliyu Muhammed Olaiya Victor Mobolaji Olatunde Oyeyiola Hassan Saliu Mopelola Abdulmaliq-Bashir Victor Gbenga Yusuf Adesoye Rihanat Ajia Abubakar Lah Hamid Bobboyi Moshood Mustapha Harafat E. Mukadam Sanitation Exercise Okin Group Modibbo Kawu Bello Oyedepo Oke-opin Moji Makanjuola Oyin-Zubair High Court Ekiti Folajimi Aleshinloye Rebecca Bake Frootify International Public Sector Accounting Standards Salman Alada Kwara Metro Park Monsurat Omotosho April 11 Abdulrazaq Aiyelabegan Kwara State Television (KWTV) Samuel Adedoyin Amina Susa\'a De Ahmed Kale Ayo MAI Akande C2c@kwarastate.gov.ng Oladipo Akanmu Tolani Baba Idris Yusuf Aiyedun Ilorin General Hospital Fareedah Dankaka Yusuf Badmus Congress For National Consensus Kwara State Internal Revenue Service Ubandoma Ebun-Olu Adegboruwa Mustapha AbdulGaniyu Ilorin Central Mosque Innocent Okoye Doyin Agbamu Mustapha Akanbi Sa\'adu Salau JSSCE Emir Of Ilorin Agor Market Oke-Kura Kamaldeen Kehinde Hakeem Lawal Musbau A. Akanji Turaki Ahmad Fatima Bisola Idris Amosa Oladipo Saidu Muhammad Ghali Alaaya Kwara State University Of Education Sulu Gambari Musa Ayinla Yeketi Hydro-electric Power Producing Areas Development Commission Abubakar Atiku Kwara NIPR Okedare Funmilayo Braithwaite Mohammed Tunde-Jimoh Share/Tsaragi Abdulahi Abubakar Bata Belgore

