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.

Edu     Mike Omotosho     Labaeka     CLAY POT     Shaaba Lafiagi     Ijagbo     Binta Sulyman     Kwara Hotel     Afeyin-Olukuta     Salihu Ajia     Alimi Abdulrazaq     Oko-Olowo     Teachers Specific Allowance     Raliat Elelu-Habeeb     Jimoh Akani     Mohammed Abdulahi     Abdulwaheed Musa     Olatunde Oyeyiola     Aliyu Alhassan     Olomu     Garba Ado Sanni     Lanre Issa Onilu     Bashirat Bola Bello     Folorunsho Alao     Kale Kawu     Dogara     Abiodun Oyedepo     11th Galadima     Centre For Peace And Strategic Studies     Yoonus Kola Olatinwo     Kemi Adeosun     Leke Ogungbe     Suraj Tunji Oyewale     Sa\'ad Alanamu     Gambari     Kayode Yusuf     Muhammed Akanbi     Special Agro-industrial Processing Zone     Suleiman Ajadi     Ajike People Support Centre     Olayinka Oladapo Jogunola     Kwara State Printing And Publishing Corporation     Chief Imam Of Omu-Aran     Toyin Sanusi     Boko Haram     Lotus Bank     Okala Baba     Hijab     Abdulwahab Oba     Rafiu Olasile     Bayer AG     Sulu Gambari     Ahmad Ali     Kayode Ishola     High Court     Abdulmumini Sanni Jawondo     Florence Saraki     Issa Oloruntogun     Oke-Odo     Aisha Ahman Pategi     Minister     Yinka Aluko     Niyi Osundare     Akeem Olatunji     Henry Makinwa     Isiaka AbdulRazaq     Ishola Moses Abiodun     CUTI     SSA Youth     Bello Bature     Saraki     Okiki     Share     AbdulHamid Adi     Kwara Pdp     Zainab Abass     Kayode Ibrahim    

Cloud Tag: What's trending

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

Oniwasi Agbaye     Yusuf A. Usman     Michael Nzwekwe     Asa     Muhammad Yahya     The Herald     Kwara 2023     Fawenu     Aisha Ahman-Pategi     Amule Elementary School     Salihu S. Yaru     SWAN     Oba Of Jebba     Ministry Of Women Affairs And Social Development     Ayegbeni     Ile Arugbo     Kwara Consultative Forum     Quranic Recitation Competition     Bisi Oyeleke     National Broadcasting Commission     Ibrahim Abduquadri Abikan     BIR     Y.A. Abdulkareem     Share     Coronavirus     Garba Idris Ajia     SGBN     Femi Gbajabiamila     Code Of Conduct Bureau     Isiaka Oniwa     Durosinlohun Atiku     Goodluck Jonathan     Okanlawon Musa     Ajibike Katibi     Saliu Shola Taofeek     Ayo Opadokun     IHS Towers     Baruba     Abdulkadir Bolakale Sakariyah     Yaman     Sobi Specialist Hospital     Ogbondoroko     Eleyele     Azeez Bello     Iliasu     Centre For Digital Economy     Nigeria Customs Service     Osinbajo     Sardauna     Ahmed     Ado Ibrahim     Sheu Ndanusa Usman     Labaeka     Bio Ibrahim     Yahya Mohammed     Joseph Daudu     Moshood Kashimawo Abiola     Facebook     Surajudeen Akanbi     Ahmed Alhasssan     Yakubu Gobir     Apata Ajele Secondary School     Umar Danladi Shero     Oloje     Hassan A. Saliu     Na\'Allah     Abdulkadir Jimoh     Iyaloja-General     Chief Imam Of Omu-Aran     Khadijat Ayoola Yusuf     Bilikis Oladimeji     KFA     Abdulmumin Yinka Ajia     Fatima Abolore Jimoh     Toyin Falola     Funmilayo Zubair     Osuwa