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.

Bolakale Saka     Tunde Yusuf     Afolabi-Oshatimehin Adenike Harriet     Yahaya Seriki     Bello Abubakar     Yusuf Abdulraheem     Centre For Digital Economy     Haruna Olawale Sulaiman     Saidu Kawu     Ophthalmological Society Of Nigeria     Kwara Apc     Iyiola Oyedepo     Mohammed Tunde-Jimoh     Abdulwasiu Bolaji Adeyi     Alimi     Oloyede     Kumbi Titiloye     Emir Of Kano     Jawondo     Kwara Consultative Forum     Olumide Daniel Ibitoye     M.Y. Abdulrahaman     2023 Elections     Apaokagi     Yusuf Lawal     Sulyman Abdulkareem     Imam Gambari     Olugbense     Tafida Of Kaiama     Ile Arugbo     Saba Mamman Daniel     Musa Ayinla Yeketi     Bolaji Aladie     Offa Metropolitan Club     Bilikisu Gambari     Olam Food Ingredients     Yoruba     Mumini Ishola Hanafi     Isa Aremu     Eghe Igbinehin     Abdullahi Saadudeen Alikinla     Halimat Yusuf     Oja-Oba     Prince Mahe Abdulkadir     Islamic Development Bank     Abdulganiy Abimbola Abdussalam     Anilelerin     Ahmed Idris Mohammed     Eleja     Sodiya     Facebook     Olufolake Abdulrazaq     Gbemisola Oguntimehin     Freshvine Nigeria Limited     Sunday Otokiti     TESCOM     AbdulRaheem Ahmad Shayi     Bisi Oyeleke     Budo-Egba     Tanke Flyover Bridge     Federal College Of Education (Special), Afon     Makama     Mohammed Jimoh Faworaja     Kayode Issa     Sadiq Buhari     Saadatu Modibbo-Kawu     Kola Ologbondiyan     Isiaka Alikinla     Henry Makinwa     Raji AbdulRasaq     Yunus Lawal     Osinbajo     LAK Jimoh     Orisa Bridge     Oniwa     Arca Santa     Aisha Buhari    

Cloud Tag: What's trending

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

Adebara     Trade Lenda SME Fair     Abdulmumini Jawondo     Olusin Of Ijara Isin     Elekoyangan     Sulyman Age AbdulKareem     Mohammed Alabi Lawal     Islamiya Abdulraheem     Ilorin.Info     Adamu B. Yaqubu     Olatunde Michaels     Ilorin Talaka Parapo (ITP)     Makama     Muyiwa Oladipo Kanu     UNIFEMGA     Sarah Alade     Kemi Adeosun     Ilorin East     Ibrahim Issa Jetti     General Tunde Idiagbon International Airport Ilorin     Oko Erin     Yusuf Badmus     Kolawole Bashirat     Alfa Yahaya Road     Damilola Yusuf Adelodun     Taibat Ayinke Ahmed     Sulyman Atolagbe Alege     Abdulahi Abubakar Bata     Oke-Odo     KWAFFA     Kayode Ishola     Dauda Adeniran Adeshola     Tafida Of Kaiama     Sherif Shagaya     Muslim Media Watch Group Of Nigeria     Sidikat Uthman Ajibola     Ejidongari     Okanlawon Taiwo     Centre For Digital Economy     SWAN     Suleiman Ajadi     Muhammed Aliyu     Bamikole Omishore     SUBEB     Yahaya Jibril Usman     Kola Bukoye     Mohammed Haruna     Sulyman Abdulkareem     Moro     Marufat Oladosu     Fareedah Dankaka     Rafiu Ajakaye     Tunji Folami     James Ayeni     Hikmah AbdulKareem     High Court     Kwara State Governor     Kayode Yusuf     Shehu Raheem Adaramaja     Jeunkunu-Malete-Bani     Salau Kabiru Abdullahi     Umar Adelodun     Abegunde Goke     Awoye     Seun Bolaji     George Funsho Adebayo     Facemasks     Woro     Olayinka Oladapo Jogunola     Bolaji Aladie     Bibire Ajape     Oyun     Rachael Obisesan     Ubandoma     Obasanjo     Ophthalmological Society Of Nigeria     Bayo Ojo