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.

Www.Kwarareports.com     Abiodun Jacob Ajiboye     Abdulmumini Jawondo     Yusuf Mubarak     Atiku     Suleiman Alege Kuranga     Muhammed Taofeeq Abdulrazaq     Aremu Bose Deborah     Moremi High School     Yinka Aluko     Elerin Of Adanla     Mohammed Alabi Lawal     Oasis Muslim Care Foundation     Ilofa     Abubakar Abdullahi Bata     Alabi Lawal     Idi-Ape     Musa Aibinu     IF-K     Special Agro-Industrial Hub     Marafan Shonga     National Pilot     Sobi FM     Okala Baba     Rasaq Jimoh     Undergraduate Bursary     Abdullahi G. Mohammad     Olayinka Jelili Yusuf     Abdulraheem Yusuf     Akanji     Bature Bello     Buhari     Kayode Ishola     Computer Based Test     Oba Mogaji Abdulkadir     Sunday Otokiti     AbdulQowiy Olododo     Waheed Ibrahim     Niyi Osundare     Rebecca Bake     Saka Balikis Kehinde     Kwabes     AGF Abdulrazaq     IPSAS     Titus Suberu-Ajibola     Afeyin-Olukuta     Wahab Isa     Seun Bolaji     Ayedun     Dauda Adesola     Umar Ayinla Saro     Muideen Olaniyi Alalade     Mohammed Abdulahi     Timothy Akangbe     Oyawoye     Osinbajo     Kwara United     Abdullahi Imam Abdullahi     Yahya Mohammed     Sardauna     Yakubu Shaaba     Temitope Ogunbanke     Facemasks     Gafaru Olayiwola Olorisade     Kayode Issa     Amuda Musbau     Halimah Perogi     Government High School (GHS), Adeta     Okanlawon Taiwo     Timothy Olatunde Fadipe     Wale Oladepo     Junior Secondary School Certificate Examinations     Muhammad Ghali Alaaya     Tuesday Assayomo     Iyaloja-General     Ramadan     Muftau Akanbi Oke    

Cloud Tag: What's trending

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

GAMA     Mohammed Yisa     International Vocational Centre     Garuba Alikinla Shittu     Nigeria Customs Service     Bisi Oyeleke     Ajeigbe     Ilorin Emirate     Funmilayo Isiaka Oniwa     Afonja     United Nigeria Congress Party     Saka Balikis Kehinde     ER-KANG     Musa Yeketi     Ileloke     Ayobola Ipinlaiye     College Of Health     Twitter     Fola Consultant     Ayinde Oki     Ajasse-Ipo     Muslimah Entrepreneurship Forum     Fulani     Saliu Ajibola Ajia     Oke-Ogun     Abdullahi Samari     Kulende     Abubakar Suleiman     Centre For Digital Economy     3MTT     IPSAS     Oyin-Zubair     Kwara 2023     Olatinwo     Mahmud Durosinlohun Atiku     Suleiman Yahya Alapansapa     Sola Saraki University     Jawondo     Abdulganiyu Salahudeen     Abubakar Usman Jos     Kwara Primary Health Care Development Agency     Oya State     Segun Abifarin     Dogara     Democracy Day     AIT Ilorin     Dar-Al-Handasah Consultants     Kwara State Infrastructure Development Fund     Eghe Igbinehin     Femtech     Allocation     Yakubu Danladi     Ijagbo     Alloy Chukwuemeka     Nigerian Medical Association     Ilorin Central Mosque     Ishaq Salman     Ajikobi     Undergraduate Bursary     Air Peace     Ademola Kiyesola     SDP     Saudat Abdulbaqi     Kwara State Governor     Ahmed Mohammed Rifun     Okin Biscuits     Elerin Of Adanla     Kumbi Titilope     Abdulganiy Abimbola Abdussalam     Olokoba     Academic Staff Union Of Universities     Ijagbo Health Centre     Umar Gunu     Amasa     Fatai Adeniyi Garba     Gaa Olobi     Bolaji Nagode