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.

Emir Of Shonga     EFCC     Shao     2017 Budget     Kwara State Infrastructure Development Fund     NURTW     Apaokagi     AbdulRazaq Abubakar Jiddah     Ilesha-Baruba     Bamidele Adegoke     Okin Group     Dauda Adeniran Adeshola     Isin     Tunji Folami     Dasuki Belgore     Olatunde Michaels     Adanla-Irese     Centre For Digital Economy     Kola Adesina     Forgo Battery     Suleiman Ajadi     Abiodun Jacob Ajiboye     SSA Youth Engagement     Theophilus Oyebiyi     Monthly Sanitation     Shaaba Lafiagi     TVC Female National Debate     Ejidongari     Dan Iya     Trade Lenda SME Fair     Abdulraheem Yusuf     Taibat Ayinke Ahmed     Popo-Igbonna     Oyawoye     Ilorin General Hospital     Presidential Election     Kehinde Boyede     Olatunji Ayeni     Hausa     John Mayokun Dada     Bashir Adigun     Taofeek Sanusi     Afolayan     Sai Kayi     Kwara Apc     Samuel Adaramola     Abdullahi Saadudeen Alikinla     Joana Nnazua Kolo     Yusuf Abdulkadir     Kolade Solagberu     3MTT     Tsaragi/Share     Mohammed Ibrahim     Abdulrauf Aliyu     Senate     Bola Magaji     Mohammed Kamaludeen     General Tunde Idiagbon International Airport     Abdullahi AbdulMajeed     Kwara Restoration Project     Halimat Yusuf     Ibrahim Oniye     Amoyo     Oko-Erin     Salihu Jibril Garbi     Bilikisu Oniyangi     Alaiye     Ilorin Durbar     Kanu Agabi     Gbenga Olawepo     Ayedun     Ilorin South     Oloye     Sherif Sagaya     Ubandoma     Olokoba Abdullahi Ayinla     Kazeem Adekanye    

Cloud Tag: What's trending

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

Sun Qing Rong     Saudat Abdulbaqi     Kwasu     Gaa Olobi     Ijagbo     Budo Egba     Abdullateef Abdussalam     Dunmade     Ahman Pategi     Razaq Ayobami Akanbi     Baba Adini Of Kwara State     Quareeb Islamic Association     Moronfoye     Elerin Of Adanla Irese     Modibbo Kawu     Mashood Abdulrafiu Agboola     Ibrahim Jawondo     Hassan Saliu     Kwara Restoration Project     Abdulquawiy Olododo     Olaitan Buraimoh     Offa Metropolitan Club     Isiaka Gold     Mohammed Haruna     Amusa Bello     Bayo Ajia     Jalala     Yemi Osinbajo     Y.A. Abdulkareem     Kwara State Geographic Information Service     Okanlawon Musa     Mamman Saba Jibril     GGDSS Pakata     Basic Education Certificate Examination     Bashirat Bola Bello     Adamu Attah     IHS     NSCIA     Bluenile Associates     V.O. Abioye     Atiku     Alliance For Democracy     Saka Aleshinloye     Ohoro Of Shao     KwaraLearn     Samuel Adedoyin     Bayo Ojo     Saheed Akinwumi     Fatai Olodo     Emir Of Kano     Yahaya Seriki     Tayo Awodiji     Mopelola Abdulmaliq-Bashir     Ajidagba     Okedare     Ghali Alaaya     Zulkifli Ibraheem     Kola Adesina     Earlyon Technologies     Wahab Egbewole     Sardauna     Oko Erin     Chief Of Staff     Rotimi Samuel Olujide     Solomon Edoja     Alabi Olayemi Abdulrazak     Wahab Kunle Shittu     Erubu     Salami Adekunle     Abdulkadir Jimoh     Sa\'adatu Modibbo-Kawu     Idris Garuba     National Broadcasting Commission     Kawu     Pakata     Raliat Islamic Foundation     Oke-Ero