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.

Okin Biscuits     Kolade Solagberu     Valsolar     Offa Descendants Union     Maigida     Ilorin Likeminds Foundation     TESCOM     Kawu Baraje     New Nigeria People’s Party     Bursary     Amuda Bembe     Abiodun Abdulkareem     Umar Ayinla Saro     Facemasks     Albert Ogunsola     Yemi Osinbajo     Garba Ayodele Wahab     Ghali Alaaya     Shaykh Luqman Jimoh     Na\'Allah     Clement Yomi Adeboye     Olusola Saraki     Ahman Patigi     Okin High School     NNPP     Taibat Ayinke Ahmed     Oba Sulaiman Asude     Esuwoye     Abiodun Musa Aibinu     ENetSuD     Ibrahim Gambari     Alabi Lawal     Omotoso Musa     AbdulGaniyu Kareem     Ganiyu Abolarin     Femi Gbajabiamila     Sidikat Akaje     Rasheed Jimoh     Congress For National Consensus     Clara Nwachukwu     Democracy Day     Kwara NIPR     Abubakar Imam     Olatunde Olukoya     Eleja Taiwo Banu     UTME     Oro Grammar School     Shero     Quareeb     Kwara State Coalition Of Business And Professional Associations     Christopher Tunji Ayeni     Jani Ibrahim     Ben Duntoye     Sam Okaula     Tunde Idiagbon Road     Theophilus Oyebiyi     Olatomiwa Williams     Abdul Jimoh Mohammed     Dele Momodu     Taiwo Joseph     Ilorin Emirate Stakeholders Forum     Orisa Bridge     Kwara State Internal Revenue Service     Surajudeen Akanbi     COVID     A.G.F Abdulrasaq     Olatinwo     Talaka Parapo     Arca Santa     Bamidele Adegoke Oladimeji     Wale Oladepo     Okiki     Ilorin Emirate Staff Association     Ilorin Durbar     Saliu Alamoyo     Muhammadu Buhari     Amasa    

Cloud Tag: What's trending

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

Ayinke Saka     Elerin Of Erin-Ile     Abdulrahman Abdulrasaq     Amoyo     Lateef Fagbemi     Suleiman Ajadi     Ibrahim Sulu Gambari     PAACO-PCL Consortium     Ilorin South Constituency     Otoge     Ronke Adeyemi     AbdulGafar Tosho     Afeyin-Olukuta     Ilorin Talaka Parapo (ITP)     Amada Jidda     Oni Adebayo     Press Release     Magaji Are     Sulyman Abdulkareem     Bello Taoheed Abubakar     Amos Bajeh     Aminu Adisa Logun     Yusuf Abubakar     Makama Of Kaiama     Abraham Ojo     Fatimoh Lawal     Igosun     Ibrahim Abiodun     Mohammed Halidu     Emir Of Lafiagi     Ilofa     Ajibike Katibi     Tope Daramola     Afonja     Abdulbaqi Jimoh     Stephen Fasakin     Haliru Dantoro     Baba Adini Of Kwara State     Abdullahi Imam Abdullahi     Bamidele Aluko     V.O. Abioye     Abdullahi AbdulMajeed     Reuben Paraje     Gobir Organization Foundation     Hakeem Idris     Shuaib Abdulkadir     Erubu     Valsolar Consortium     Marafan Shonga     Pilgrims Board     Al-Hikmah University     Kayode Issa     Mufti Of Ilorin     Sola Saraki University     Aliyu Adebayo     Temitope Ogunbanke     Ibraheem Adeola Katibi     GAMA     Abiodun Jacob Ajiboye     Ogbondoroko     Lai Mohammed     Wahab Agbaje     EFCC     Abdulrasheed Akogun     Ali Ahmad     COEASU     Popo-Igbonna     Umar Ayinla Saro     Abdulwahab Ololele     Olatunji Ibrahim     CCB     Abdulrasaq Alaro     Umar Gunu     Yahaya Seriki     Share     Funmilayo Mohammed     Emir Of Ilorin