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.

Moshood Mustapha     Amuda Aluko     Olaosebikan     Rafiu Ibrahim     Saliu Mustapha     Javed Khan     Shuaibu Yaman     Raji AbdulRasaq     John Olobayo     Afolabi-Oshatimehin     Shuaib Abdulkadir     Rasheed Jimoh     Kwara State Coalition Of Business And Professional Associations     CCEPE     Abubakar Ndakene     Mary Kemi Adeosun     Peter Obi     Paul Odama     Sulyman Abdulkareem     Kolo     Isau     Falokun-Oja     Yeketi     Abdulrahman Abdullahi Kayode     Just Event Online     Hassan Oyeleke     Saad Belgore     United Nigeria Congress Party     Bola Magaji     Joseph Daudu     Victor Gbenga Yusuf     Atiku     Micheal Imodu-Ganmo Road     Principal Private Secretary     Ahman Pategi     Agbarigidoma     Abatemi Usman     Saka Saadu     Ilorin Emirate Staff Association     Ifelodun     Henry Olaosebikan     Garba Idris Ajia     Yemi Sanni     Doyin Awoyale     Mary Arinde     Habeeb Saidu     Saheed Akinwumi     Halidu Danbaba     Isaac Gbenle     General Tunde Idiagbon International Airport Ilorin     Unicontinental Construction Company     Suleiman Mora Omar     Afusat Nike Ibrahim     Olokoba     Oju Ekun Sarumi     Okanlawon Musa     Sa\'ad Alanamu     Iqra Books     Ayinde Oyepitan     Yekini Adio     Bolaji Abdullahi     Olota Of Odo-Owa     Roheemat Hammed     Monkey Pox     Bilikisu Gambari     Funmilayo Isiaka Oniwa     Busari Alabi Alausa     Charles Ibitoye     Tsaragi-Share     Mohammed Halidu     Rotimi Atere     Kwara Restoration Project     Frootify     Mahee Abdulkadir     NURTW     Alaaya     Katibi Ibraheem Adeola    

Cloud Tag: What's trending

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

Abdulfatai Baakini     Ilorin Anchor Men And Women     Centre For Digital Economy     Moshood Kashimawo Abiola     ASUU     Doyin Awoyale     Elections     Lola Olabayo     Musbau A. Akanji     Ibrahim Oniye     Rotimi Samuel Olujide     Gbadeyan Gbadura Yomi     Ganmo Power Sub-Station     Share-Tsaragi     Dunmade     Laduba     Tunde Mukaila Mustapha     Awwal Jawondo     Danladi     Agbarere     Grillo     Chief Imam Of Offa     Abdulmajeed Abdullahi     Kamaldeen Ajibade     Yusuf Lawal     Vasolar-Kwara Company Ltd     Fatimat Saliu     Marafan Shonga     Yahya Mohammed     Saka Keji     Abdulraheem Yusuf     Isaac Gbenle     Kulende-UITH     Adamu Jemilat-Baki     Abatemi-Usman     Hamidu Olowo     Mohammed Tunde-Jimoh     Danhawa     Ajidagba     Wole Oke     Tsaragi-Share     Alaiye     Funmilayo Braithwaite     Umar Sanda Yusuf     Kwara United     IYA YUSUF     Muhammed Akanbi     Funmilayo Zubair     Haashim Initiative For Community Advancement     Just Event Online     Akume     Adeniyi Ojo     Societe Generale Bank Of Nigeria     SSA Youth     COVID-19 Palliatives     Muslimah Entrepreneurship Forum     Esuwoye     Tunji Moronfoye     First Lady     Afonja     Aremu Odolaye     Gbemisola Saraki     Charcoal     Omoniyi M. Ayinla     Esinniobiwa Quareeb     NFAI     Post Utme     Haliru Dantoro     Salman Alada     Abubakar Lah     Facemasks     Ilorin General Hospital     Isapa     Senior Staff Union Of Colleges Of Education     Ibrahim Abduquadri Abikan     Jide Ashonibare     Harrison Osauwagboe