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.

CCB     Muyideen Ajani Bello     Amasa     Overland     Bolaji Abdullahi     Ridhwanullah Al-Ilory     Kwara 2015     Alfa Modibo Belgore     Kamaldeen Ajibade     Lanre Olosunde     Ibrahim Taiwo Road     Kwara State Coalition Of Business And Professional Associations     Simon Sayomi     Abiodun Oyedepo     National Information Technology Development Agency     Ahmed Bolaji Nagode     Michael Ologundea     Fulani     Ilorin Water Reticulation     Kwara State Printing And Publishing Corporation     Isiaka Oniwa     Emir Of Ilorin     Hydroelectric Power Producing Areas Development Commission     Abdulrahman Onikijipa     Bayo Ajia     Al-Ilory     Raimi Iyanda     Oye Tinuoye     General Hospital     Radio SBS     Victor Gbenga Yusuf     Olugbense     Omoniyi Ayinla     Abdulsalam A. Yusuf     Abdulkarim Adisa     Bibire Ajape     Ahmed Mohammed Rifun     Nigeria Foundation For Artificial Intelligence     Abraysports FC     Oke-opin     Ilorin Emirate Staff Association     Risikat Lawal     Khairat Gwadabe     Salman Alada     Gbadeyan Gbadura Yomi     Olupako Of Share     Oba Of Jebba     Public Holiday     Kwara State Football Association     Akume     Kaosarah Adeyi     National Union Of Road Transport Workers     Bayer Nigeria Limited     Niguel Gallando Marcias     Amosa     Iyaloja-General     Muhammad-Mustapha Suleiman     Special Agro-Industrial Hub     Bayo Lawal     Oba Mogaji Abdulkadir     College Of Health     Oke-Kura     Sulyman Abdulkareem     Yusuf Lawal     Ilorin South     Abdullahi Dasilva Yussuf     Sulyman Age AbdulKareem     Kolade Solagberu     Sam Onile     Jawondo     Onikijipa     Kwara Primary Health Care Development Agency     Kayode Oyin-Zubair     Oluwole Dupe     Lateef Ademola Olatunji     Agboola Abdulraheem     Wahab Abayawo    

Cloud Tag: What's trending

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

Ayodele Olaosebikan     Christopher Tunji Ayeni     Adam Abdullahi Al-Ilory     Malete     Tunji Folami     Fatai Olodo     Baboko     Hikmah AbdulKareem     Alanamu     International Public Sector Accounting Standards     Osuwa     Ijagbo     Muslimah Entrepreneurship Forum     Wahab Olasupo Egbewole     Federal Road Maintenance Agency     Ilorin East/South Federal Constituency     Arinola Fatimoh Lawal     Isiaka Danmeromu     KWSUED     Tunde Oyawoye     Kola Ologbondiyan     JAAC     Henry Makinwa     Ekiti     Funmilayo Mohammed     Kale Kawu     Shettima Of Ilorin     Hijaab     Saraki     KWASEIC     Aishat Mohammed Lawal     Mary Kemi Adeosun     Bolakale Kawu     Bello Oyebanji     Ajikobi     Hydroelectric Power Producing Areas Development Commission     Gafaru Olayiwola Olorisade     Ramat Oganija     Oke-Ode     Police Commissioner     Otunba Taiwo Joseph     Chikanda     Bayo Mohammed Onimode     Bank Of Industry     Allocation     Paul Olawoore     Iyabo Dupe Adekeye     Isiaka Oniwa     Tunji Moronfoye     Akeem Olatunji     Government High School (GHS), Adeta     Oko Erin     Voices Of Tomorrow     Sheikh Ridhwanullah     Aasiyat Bello Oyedepo     Ahmad Olayiwola Kamaldeen     Kehinde Boyede     Alfa Modibo Belgore     Ibrahim Mohammed     GGDSS Pakata     Eleyele     Democracy Day     Agbarigidoma     Modupe Oluwole     Muhammad Sirajo Aliyu     Esuwoye     Kumbi Titiloye     Shehu Salau     Kwara Primary Health Care Development Agency     March 28     Ilesha-Gwanara     2017 Budget     Ella Supreme Tissue Paper     Orisun Igbomina     Face Masks     Muyiwa Oladipo Kanu     Ahmed