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.
Kawu Baraje Hydro-electric Power Producing Areas Development Commission Benin Republic Yusuf Abdulraheem Yusuf A. Usman Rachael Obisesan All Peoples Party Zulkifli Ibraheem Ashiru Toyin Sanusi Yusuf Abdulwahab Hakeem Idris Timothy Akangbe Tuesday Assayomo Jamila Bio Ibrahim Victor Gbenga Yusuf Ajike People Support Centre Funmi Salau Modibbo Kawu Ibrahim Jawondo Fareedah Dankaka SAPZ Project AGF Abdulrazaq Student Learning Support Helpline Babs Iwarere Khairat Gwadabe Shagari Offa Metropolitan Club Tafidan Kaiama Kwara State Sports Commission Olabode Towoju Alikinla Abubakar Aliagan Odo-Owa FERMA Moro Ado Ibrahim Old Oyo Aremu Bose Deborah Adedeji Onimago Kale Ayo Nigeria Foundation For Artificial Intelligence Quran Gafaru Olayiwola Olorisade Ilorin Adesoye College CLAY POT Clara Nwachukwu Okasanmi Ajayi Umar Bayo Abdulwahab Tafida Of Kaiama Ganmo Abdulfatah Ahmed Modupe Oluwole Muritala Awodun Arik Ilorin West/Asa Federal Constituency Adam Abdullahi Al-Ilory Yusuf Babatunde Abdulwahab Mohammed Yahaya Barki Jumoke Gafar Jide Ashonibare Asa LGEA School Aminat Ahmed Yinka Aluko Iponrin Kwara Primary Health Care Development Agency Tinubu Kwara State Television (KWTV) Kaosarah Adeyi Yunus Lawal Adedayo Yusuf Abdulkareem Falokun-Oja Barakat Community Secondary School Toyin Saraki Eghe Igbinehi Magaji Are

