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.

Oyeyemi Olasumbo Florence     Ishaq Oloyede     Sulu Babaita Isiaka     Oya State     Ahmed Ayinla Jimoh     Abdulsalam Firdaous Amosa     Lafiagi     Gbenga Awoyale     Hydro-electric Power Producing Areas Development Commission     Ashiru     Marafan Shonga     Ibrahim Bio     Kwha.gov.ng     Okin High School     Adegoke Bamidele     Yakubu Shaaba     Ilorin     Ahmad Uthman     Dagbalodo     Ezekiel Yissa Benjamin     Ibrahim Abdullahi     Shuaibu Yaman     Government Girls’ Day Secondary School Pakata     Amusement Park     Afetu Of Alabe     Kwara State Pension Board     Vasolar     Babaloja-General     COVID-19 Palliatives     Emir Of Shonga     Mohammed Jimoh Faworaja     Nigerian Army     Idris Amosa Oladipo Saidu     Malete     Labour Party     Makama Of Ilorin     Noah Yusuf     Abdulrazaq Akorede     Barakat Community Secondary School     Yemi Osinbajo     Kawu     IEDPU     Muhammad Yahya     Offa Descendants Union     The Herald     Ministry Of Women Affairs And Social Development     Dan Iya     Park     Oloye     Moshood Bakare     Funmilayo Oniwa     Tuesday Assayomo     Stephen Fasakin     Aiyedun     Akume     Hijaab     Oko-Olowo     Kwara     Odogun Olushola Gabriel     Sodiya     David Adesina     Savannah Centre For Diplomacy, Democracy And Development     Abdulrauf Aliyu     Florence Saraki     AGF Abdulrazaq     LAK Jimoh     AGM Professional Services     Saadatu Modibbo-Kawu     Sulyman Abdulkareem     Aminu Ado Bayero     Toyin Saraki     REO CAKES     Babata     Alabi Olayemi Abdulrazak     Mohammed Katsina Ahmed     Paul Olawoore     Abdulrahman Abdulrazaq    

Cloud Tag: What's trending

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

Durosinlohun Atiku     Government House     Sodiya     Samuel Adedoyin     HYPPADEC     Olokoba Sulyman     Frootify     Olaosebikan     Olatunde Jare     Mansurat Amuda-Kannike     Laboratory-to-Product     Omu Aran     Boko Haram     Mohammed Danjuma     Patigi Regatta     Baakini     Www.Kwarareports.com     Ibrahim Oniye     Kulende-UITH     Folaranmi Aro     Tunji Ajanaku     Clara Nwachukwu     Royal FM     Amuda Aluko     Clement Yomi Adeboye     SUBEB     Abdulrazak Shehu Akorede     Gambari     Kwara Muslim Pilgrims Welfare Board     Saka Balikis Kehinde     Ojo Isekuse     Islamic Development Bank     Zara Umar     Lawan     Haliru Yahaya     Danhawa     Idowu Laro     Alaro     Rachael Obisesan     S.O. Opowoye     Musibau Akanji     Adisa Logun     Niyi Ogundiran     Michael Nzekwe     Abdulwahab Oba     Ilesha-Baruba-Gwanara     Ajia-Bako     Dar-Al-Handasah Consultants Ltd     Ashiru     Ayinke Saka     Abdul-Rahoof Bello     Toyin Falola     Yusuf A. Usman     Vasolar-Kwara Company Ltd     Ahmad Uthman     Prince Mahe Abdulkadir     Akanji     Makama Of Ilorin     Suleiman Abubakar     Kwha.gov.ng     Wahab Egbewole     Ilorin Like-Minds     Ilorin Talaka Parapo (ITP)     Siddiq Adebayo Idowu Salawu     Radio SBS     Magaji Nda     Abdulkadri Ahmad Alaiye     Doyin Agbamu     Ibrahim Taiwo     Na\'Allah     Azeez Salawu     Tayo Alao     Rafiu Ajakaye     Firdaos Amasa     Minister     Ijakadi     Isau