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.

Emmanuel Bello     Olatunji Abdulmumeen     Ibrahim Taiwo     Ayegbeni     CLAY POT     CCEPE     Obasanjo     Kwarareports     Abdulhakeem Amao     Ajike People Support Centre     Abdulrauf Aliyu     Femi Oladiji     New Naira Notes     Chief Imam Of Offa     Kale Ayo     Bayer Nigeria Limited     Abdul-Rahoof Bello     Kayode Laro     Agor     Law School Scholarship     GAMA     Ilorin South     Anilelerin     Quarry Royal Valley     Moshood Bakare     Ajuloopin     Oniyangi Kunle Sulaiman     Azeez Bello     Asiwaju Bola Tinubu     Olaoye B. Felix     Riskat Opakunle     Hassan A. Saliu     Ayedun     Mahmud Durosinlohun Atiku     Playing Host     Shoprite     GANZY     Col. Ibrahim Taiwo     Nigeria Computer Society     Unicontinental Construction Company     Deji Ajani     Idofin     Amos Sayo     Federal Neuro-Psychiatric Hospital     IHS Towers     Ibrahim Abduquadri Abikan     Ilorin Emirate Stakeholders Forum     SARS     Mubarak Oladosu     Najim Yaasin     Yakubu Danladi     Muhammed Taofeeq Abdulrazaq     Ilorin Amusement Park     Buhari     Voices Of Tomorrow     Kwara Apc     Sidikat Alaya     Pilgrims Board     Lukman Adeloyin     Nurudeen Mohammed     Bola Olukoju     Facebook     Aishat Sulu-Gambari     Muhammad Mustapha Suleiman     Kwasu     Afeyin-Olukuta     Mutawali     Bashir Omolaja Bolarinwa     SWAN     Musa Abdullahi     Ganiyu Abolarin     Muhammed Akanbi     Kwara Polytechnic     Aliyu Muhammed     Okin Group     Kwara North     Oyelere Oyinloye    

Cloud Tag: What's trending

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

ARMTI     Baakini     College Of Health     Bukola Saraki     Salihu Ajibola Ajia     NAWOJ     Ahmad Belgore     Wahab Issa     Okanlawon Taiwo     Raliat Islamic Foundation     Mohammed Yisa     JSSCE     Iponrin     Niguel Gallando Marcias     Abdulhakeem Amao     Galadiman Ngeri     Ilorin Anchor Men And Women     Elerinjare-Ibobo     Garuba Alikinla Shittu     Gafaru Olayiwola Olorisade     Ahman Patigi     Awodun     Park     Adamu Attah     Abdulrasheed Lafia     CBT     Femi Ogunsola     Nurudeen Muhammed     Ilorin Water Reticulation     Kunle Suleiman     Isiaka Gold     IFK     Kwara Restoration Project     Olukotun Of Ikotun     AGF Abdulrazaq     Yomi Ogunsola     Omoniyi     Khairat Gwadabe     Mike Omotosho     Salake     Taofeek Ibraheem     Owo Isowo     Femi Oladiji     Lateef Ademola Olatunji     Lanre Issa-Onilu     Yakubu Mohammed Abdullahi     Rabiu Kwankwaso     Tunji Folami     Kwara Consultative Forum     Kazeem Gbolagade     Pacify Labs     Pakata Development Association     Raliat AbdulRazaq     Haruna Tambiri Mohammed     Tunde Kazeem     Dar-Al-Handasah Consultants Ltd     Ilorin General Hospital     Moses Adekanye     Yakub Lai Gobir     Afolabi-Oshatimehin Adenike Harriet     Al-Hikmah University     Oni Adebayo     Alimi Abdulrazaq     Otunba Taiwo Joseph     Ibrahim Abikan     Ajuloopin     KWSUED     Ike Ekweremadu     Popo-Igbonna     Shehu Alimi Foundation For Peace And Development     Muhammed Mahe Abdulkadir     Opolo Global Innovation Limited     Lai Mohammed     Muazam Nayaya     Maimunat Oniyangi     Valsolar-Kwara Company Limited     Kumbi Titiloye