Kwara gets $15m intravenous fluid manufacturing complex
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.
Adesoye College Adeniyi Ojo Tunde Mukaila Mustapha Ajayi Okasanmi Standard Organization Of Nigeria ER-KANG Raliat Islamic Foundation Abdulrahman Iliasu Code Of Conduct Bureau Patience Jonathan Valsolar-Kwara Company Limited Mazars Consulting Baba Isale Shuaibu Yaman Gbemisola Oguntimehin Kwara State Government Okanlawon Musa Kisra Jalala Ilorin Talaka Parapo (ITP) Bilikis Oladimeji T And K FOODS Senate Presidency Unicontinental Construction Company Park Salman Alada Shehu Salau Tunde Saad Amina El-Imam Majlis For Sadaqah, Zakat And Waqf Sola Saraki Educational Foundation Folashade Omoniyi Abdulwahab Ololele Taofeeq Olateju Clement Yomi Adeboye Shola Odetundun Ogbondoroko Aremu Bose Deborah Is\'haq Modibbo Kawu Twitter Ayobola Ipinlaiye Abdulrazaq Aiyelabegan Maigida COEASU Nagode National Information Technology Development Agency Tayo Alao Bahago Hamidat Sulyman-Yusuf Kwha.gov.ng Olusegun Adeniyi Kwara Liberation Group Abdulkadri Ahmad Alaiye Abdulsalam Firdaous Amosa Baakini Abubakar Lah Women For Change And Development Initiative Senior Ibrahim Suleiman Government Girls’ Day Secondary School Pakata Talaka Parapo Shade Omoniyi Bolakale Kawu Seun Bolaji Demola Banu Kwarareports Hussein Olokooba Ganiyu Abolarin CT Ayeni Mohammed Danjuma Oke-Kura Abdulrosheed Okiki Ayodele Kuburat Olaosebikan Yemi Osinbajo Bayo Ojo Gbemi Saraki Buhari Atiku Abubakar

