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.

Balikis Jawondo     Jumoke Monsura Gafar     Kwara NIPR     Abdullateef Abdussalam     Charcoal     Suleman Abubakar     Tunji Oyawoye     Anilelerin     Bayer Nigeria Limited     Sodiya     Saadu Gbogbo Iwe     Okeose Christian Cementary     Alanamu     Aliyu Muhammed     Egbewole     Kannike     Apaola     Oladimeji Thompson     Baruba     Saba Mamman Daniel     Muhammadu Gobir     Katibi Ibraheem Adeola     Alaiye     Stephen Fasakin     Abdulazeez Arowona     Sulu Gambari     Awwal Jawondo     Kwara Polytechnic     Opobiyi     Rotimi Samuel Olujide     Jimoh Lambe Abdulkareem     Kwara State Infrastructure Development Fund     Magaji Are     Geri-Alimi Split Diamond Interchange     Aso Ofi     A.O. Belgore     Abioye Bello     CELF     Yusuf Lanre Badmus     Ilorin Anchor Men And Women     Ilorin Emirate Staff Association     Wahab Femi Agbaje     Kwasu     Ilorin Amusement Park     Mohammed Yahaya Barki     Onilu     Dumagi     Chartered Institute Of Personnel Management Of Nigeria     Shuaibu Yaman     Neo Mundo Ltd     Yakubu Dogara     Rashidi Yekini     Baba Idris     Labaeka     07039448763     Hassan Oyeleke     Abdullahi Imam Abdullahi     ITP     Amoyo     International Public Sector Accounting Standards     Unicontinental Construction Company     Illyasu Abdullahi     Yemi Sanni     Benin Republic     Olatinwo     Abdulazeez Uthman     Ganmo     Ali Ahmad     Prince Mahe Abdulkadir     Opaleke Bukola Iyabo     Muyideen Ajani Bello     SAPZ Project     Wale Oladepo     Fatai Adeniyi Garba     Isapa     IDPU     Samuel Adaramola    

Cloud Tag: What's trending

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

Yahaya Dumoye     Bayo Ojo     Code Of Conduct Tribunal     Olomu     Doyin Group     Salary     Raimi Iyanda     T And K FOODS     Jimoh Bashir     Sarkin Malamai     Yahaya A Paniyaro     Kwara State Television (KWTV)     Babs Iwarere     Lanre Issa-Onilu     Sarah Jubril     Sobi FM     Razak Atunwa     Ajayi Okasanmi     Isiaka Alikinla     Oba Abdulraheem     Oba Sulaiman Asude     Mufti Of Ilorin     Abdulrazaq Akorede     Royal FM     Okin Biscuit     Sarafadeen Kayode Akorede     Hamidu Olowo     Salihu Alhaji Musa     Alumni Association Of The Federal Polytechnic Offa     Aminat Omodara     TIIDELab     Face Masks     Ado Bayero     Standard Organization Of Nigeria     Prince Bola Ajibola     Shagari     John Dara     NSCIA     Sulyman Abdulkareem     Garba Idris Ajia     Abubakar Abdullahi Bata     Anilelerin     Sunday Popo-Ola     Alapado     New Nigeria People’s Party     Madawaki Of Ilorin     Kayode Laro     Abdulquowiyu Olododo     Ayekale     Kwara State Coalition Of Business And Professional Associations     Shehu Jimoh     Veterinary Teaching Hospital     Kehinde Baale     Durbar     Kwara 2015     Siraj Oyewale     Aremu Odolaye     Kunle Akogun     Moji Makanjuola     Eghe Igbinehin     Shehu Salau     Convocation Ceremonies     Sobi Hill     Abdulkadri Ahmad Alaiye     Oasis Muslim Care Foundation     Usman Rifun     National Union Of Road Transport Workers     Sheikh Ariyibi     Y.A. Abdulkareem     Danladi     Emir Of Yashikira     Kolawole Akande     Durbar Festival     Popo-Igbonna     Musa Abdullahi     Just Law Forum     Afonja