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.

Pilgrims Board     Muhammad Fawaz Abubakar     NURTW     JAMB     Halidu Danbaba     Salihu S. Yaru     Abdulrauf Yusuf     Tuesday Assayomo     Teachers Specific Allowance     Abdul Jimoh Mohammed     Tsado Manman     Mahmud Ayinla Giwa     Abdulrasheed Na\'Allah     Salman Jawondo     Jimoh Bashir     Simeon Sayomi     Aremu Bose Deborah     Lola Ashiru     High Court     NTA Ilorin     Ijagbo     Yusuf Mubarak     Aminat Omodara     Musa Yeketi     Bashir Omolaja Bolarinwa     Bankole Omishore     Oba Abdulrahim     Imodoye Writer’s Enclave     Ridwan Agboola     Convocation Ceremonies     ER-KANG Mining Nigeria Company Limited     CELF     Mohammed Yisa     Shoprite     Pakata     Durosinlohun Kawu     Issa Manzuma     Olukotun Of Ikotun     Adamu Jemilat-Baki     Kaiama     Abdulwasiu Bolaji Adeyi     AIT Ilorin     Babaloja-General     Abdullahi Dasilva Yussuf     Zulu Gambari     Zulkifli Ibraheem     Musa Alhassan Buge     Federal Polytechnic Offa     Musibau Akanji     Oni Adebayo     Oko-Olowo     Abdullahi Atanda     Majlis For Sadakah, Zakat And Waqf     Elerin Of Adanla Irese     Sa\'adu Salau     Yomi Adeboye     Bello Abubakar     April 11     Emir Of Ilorin     Ashiru     National Association Of Nigerian Students     Emir Of Lafiagi     College Of Education     Kolawole Akande     Turaki Of Ilorin     Orire     Chief Imam Of Omu-Aran     Alabe     Ahmad Uthman     Elections     AbdulRazaq AbduMajeed Alaro     First Lady     Sarah Alade     Kwara State Council Of Chiefs     Association Of Kwara State Online Media Practitioners     Alao Ayotunde     Nigeria Foundation For Artificial Intelligence    

Cloud Tag: What's trending

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

Muhammed Abdullahi     Public Holiday     Dan-Kazeem     Kwara Basketball Association     Hauwa Nuru     Geri-Alimi Split Diamond Interchange     Abdulrahman Abdulrazaq     Ogidi-Oloje     KWIRS     KWACOBPA     Mumini Ishola Hanafi     Abdulbaqi Jimoh     Waziri Yakubu Gobir     Moses Afolayan     Standard Organization Of Nigeria     Centre For Peace And Strategic Studies     Ibrahim Abiodun     Turaki Of Ilorin     Saka Adeyemo     Otoge     AbdulHakeem Ajibola Akanbi     Haleeman Salman     KSIRS     Abdulfatai Salman Baakini     Adedayo Yusuf Abdulkareem     Aliyu Muhammad Saifudeen     Abioye Bello     Abubakar Abdulraheem     Coronavirus     Elewu     Sulyman Buhari     ASUU     Eruku     CKNG     Frootify     Kwara State Television     Isiaka Gold     Malete     Kola Adesina     Shaaba Lafiagi     KWASEIC     Umar Danladi Shero     Gobir     MAI Akande     Moses Salami     Oro Grammar School     Olatunde Oyeyiola     Third Estate     Bankole Omisore     Budo Egba     Aliyu Olatunji Ajanaku     Amule     Jimoh Akani     Ibrahim Agboola Gambari     Fatai Olodo     Orire     Abdullahi Atanda     Bahago     Mahfouz Adedimeji     Ridwan Agboola     Ilesha-Baruba-Gwanara     Binta Abubakar Mora     Muritala Awodun     Kwara     Lithium Deposit     Mohammed Tunde-Jimoh     Isiaka Abdulrazak     Sanusi Abubakar     Tafida     NURTW     Moremi High School     Ahmed Shuaib Buranga     VADA     Ayedun     Ashiru     Shola Odetundun     Kunbi Titiloye