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.
Shola Odetundun Titus Ashaolu VADA Wasiu Onidugbe Muhammed Taofeeq Abdulrazaq Abubakar Baba Sulaiman Aso-ofi Iyabo Adisa Ibiyeye Ahmad Uthman Ndama Al-hassan Sa\'adu Salau Yusuf Mubarak ASUU Balikis Jawondo Ibrahim Oniye Abdulmajeed Abdullahi Orisun Igbomina Okiki Kazeem Gbolagade Abdulwaheed Musa Ilorin Mohammed Lawal Bagega Bankole Omisore GGDSS Pakata Mohammed Haruna Sheikh Ariyibi Ajikobi Kayode Yusuf Ayodele Kuburat Olaosebikan Toyosi Thomas TIC Moremi High School Omoniyi M. Ayinla Olabimpe Olani Yekini Adio Mutawali Of Ilorin Jimoh Saadudeen Muhammed Kolo Durbar Ajeigbe Abraysports FC Kwara Metro Park Ola Falade Ahmad Fatima Bisola Ilesha Gwanara Road Salaudeen Oyewale Omar Gambari Saliu Ajia Lanre Issa Onilu Shade Omoniyi Saad Belgore Kale Kawu Michael Imoudu National Institute For Labour Studies Olabode George Towoju Kola Bukoye Mary Arinde CCEPE Halimat Yusuf Theophilus Oyebiyi Durbar Festival Ado Bayero Babaloja-General Oba Abu Gbajabiamila George Funsho Adebayo Anilelerin Omoniyi Ayinla Ishak Mohammed Sabi Isiaka Abdulrazak Shehu Alimi Foundation Democracy Day Oyedun Juliana Funke Oro Grammar School Old Students Association Basic Education Certificate Examination Taofik Abiodun Ahmed Paul Olawoore Sheriff Shagaya

