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.

Abdulbaqi Jimoh     Salau Kabiru Abdullahi     Abdulraheem Yusuf     UNILORIN Alumni Association     Peculiar Allowance     Amoyo     Olayinka Oladapo Jogunola     Isiaka Oniwa     Idiagbon     Idi-Ape     Ilorin Emirate     Rachael Obisesan     Kayode Ogunlowo     NYSC     Ilorin Descendants Progressive Union     Siddiq Adebayo Idowu Salawu     ENetSuD     Fatima Abolore Jimoh     Salihu Ajibola Ajia     Cassava Growers\' Association     Ilorin Emirate Stakeholders Forum     Rotimi Atere     Lotus Bank     Bluenile Associates     Pakata Development Association     Waheed Ibrahim     Saheed Akinwumi     Mahmud Ayinla Giwa     Ahmad Ali     Raheem Adaramaja     Raliat AbdulRazaq     Tunde Yusuf     Otoge     Justina Oha     Mohammed Abduraheem     Amada Jidda     Mumini Ishola Hanafi     Muslimah Entrepreneurship Forum     Toun Okewale-Sonaiya     Shehu Jimoh     Talaka Parapo     Geri-Alimi Split Diamond Interchange     Okin Group     Olushola Saraki     Durosinlohun Kawu     Bashir Adigun     Abdulganiyu Oladosu     S.O. Opowoye     Harafat E. Mukadam     Umar Gunu     National Information Technology Development Agency     Sa\'adatu Modibbo-Kawu     Abdullateef Abdussalam     Umar Bayo Abdulwahab     Shao     Olaoye B. Felix     Taofeeq Olateju     Hakeem Idris     Bashir Badawi     Kayode Ishola     Agboola Babatunde     Kwara State Coalition Of Business And Professional Associations     Taibat Ayinke Ahmed     Ajase-Ipo     Sola Saraki University     Arca Santa     Adama Isa     Saeedat Aliyu     Sa\'adu Salahu     Yusuf Aiyedun     Pius Abioje     Kale Bayero     Unilorin     Noah Yusuf     ASUU     Omu-aran     Bisi Oyeleke    

Cloud Tag: What's trending

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

Lithium     Chemiroy Nigeria Limited     Lateef Fagbemi     Olumide Daniel Ibitoye     Government High School (GHS), Adeta     Makama Of Ilorin     Wale Oladepo     Ahmed Saidu Rufai     Samuel Elizabeth Keatswa     Elekoyangan     David Oyerinola Adedunmoye     Senior Special Assistant On Student Affairs     Olatunji Moronfoye     Aliyu U. Tilde     Amina El-Imam     A.E. Afolabi     Crystal Corner Shops     Farouk Salim     Sheriff Olanrewaju     Abdulkadir Orire     Sarah Alade     Tanke Road     Moses Rahman Popoola     Abdulrahman Abdulrasaq     20 Billion Bond     John Olajide Adedipe     Oko Erin     Tafida Of Kaiama     Elese Of Igbaja     Tsaragi-Share     Idi-Ape     Titus Suberu-Ajibola     Okin Biscuits     Communication Network Support Services     Funmilayo Oniwa     NITDA     Minimum Wage     Olatunde Michaels     Dele Momodu     ASMAU PLAZA     Kumbi Titiloye     Wahab Agbaje     Segun Adeniyi     Afolayan     Bature Bello     Nigeria Association Of Women Journalists     Kolo     Igosun     Yusuf Amuda Abubakar     Kehinde Baale     Kayode Alabi     Ajike People Support Centre     Muhammad Toyin Sanusi     Yusuf Aiyedun     Taofik Mustapha     Kwara State Coalition Of Business And Professional Associations     Belgore     Vasolar     March 28     Kola Olota     General Hospital     Sadiq Buhari     Olofa Of Offa     Abdulganiyu Oladosu     Moshood Kashimawo Abiola     AbdulRazaq Jiddah     Ilorin East     Sa\'adatu Modibbo-Kawu     Agbarigidoma     AGM Professional Services     Adesoye College     Amusement Park     Tunji Arosanyin     Bashir Adigun     Osi     High Court     Suleiman Yahya Alapansapa