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.

Vasolar-Kwara Company Ltd     Ariyo     Yusuf Lanre Badmas     Grillo     Adesoye     Facemasks     Osinbajo     Abubakar Aliagan     Abdulazeez Arowona     Kwara Muslim Pilgrims Welfare Board     Playing Host     General Tunde Idiagbon International Airport     Ibrahim Agboola Gambari     Albert Ogunsola     Quareeb     Bisi Kristien     Mansurat Amuda-Kannike     Emir Of Kano     Shettima Of Ilorin     Olatunji Abdulmumeen     Sadiq Buhari     Nigerian Medical Association     Edret Sabi Abel     Nagode     Femi Gbajabiamila     Aishat Sulu-Gambari     Ijakadi     ITP     Muhammad Fawaz Abubakar     Halimah Perogi     Oniwasi Agbaye     Kwara State Branch Of The National Library     Oni Adebayo     Mike Omotosho     Muritala Awodun     Pius Abioje     Oba Abdulrahim     Nupe     Owu Fall     Lola Olabayo     Royal FM     Kwara TV     Khairat Gwadabe     Oba Mogaji Abdulkadir     Convocation Ceremonies     Titus Suberu-Ajibola     Ahmed Mohammed Rifun     Sherif Shagaya     Baba Idris     Tunji Ajanaku     Balikis Jawondo     Abdulrazaq Aiyelabegan     Olatunde Jare     IYA YUSUF     Adisa Logun     NaAllah     Tinubu     Students Union Government     Kwara State Health Insurance Agency     Gbemi Saraki     Harmony Holdings     Atiku Abubakar     Amule Elementary School     Niyi Osundare     Saad Omo Iya     Ibrahim Taiwo     Segun Ogunsola     Eghe Igbinehin     Abdulwahab Oba     Iyabo Adisa Ibiyeye     Nigeria Customs Service     EndSARS     Olayinka Olaogun     Taofik Mustapha     Bolaji Nagode     Amoyo     Sheikh Hamzat Yusuf Ariyibi    

Cloud Tag: What's trending

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

Zubair Folorunsho Erubu     Orire     Yomi Ogunsola     Tunde Yusuf     John Obuh     Saka Abimbola Isau     Ajibike Katibi     Borgu     Oyedepo     Offorjama     Bayer Nigeria Limited     Kanu Agabi     Christopher Odetunde     Kabir Shagaya     Mohammed Abdulahi     Elerinjare-Ibobo     Sam Onile     Eleja     April 11     Societe Generale Bank Of Nigeria     Abdulrahman Abdullahi Kayode     Ayodele Olaosebikan     Wahab Egbewole     NSCIA     Mahmud Babatunde Baker     Standard Organization Of Nigeria     Leke Ogungbe     Egbejila     Olatunji Abdulmumeen     CCT     Victor Gbenga Yusuf     Musa Abdullahi     Olam Food Ingredients     Salaudeen Oyewale     Damilola Yusuf Adelodun     Offa     Popo-Igbonna     CKNG     Harafat E. Mukadam     Suleiman Ajadi     International Public Sector Accounting Standards     Ilorin Descendants Progressive Union     Marafan Shonga     Bolaji Gambari     Folaranmi Aro     Ayinde Oki     ER-KANG     Muhammad-Mustapha Suleiman     Bolaji Aladie     Umar Bayo Abdulwahab     Isin     Eghe Igbinehi     Yahaya Muhammad     Kayode Issa     Demola Banu     Lanre Issa-Onilu     Solomon Edoja     V.O. Abioye     Yahaya Seriki Gambari     Ibrahim Labaika     Kwara State Coalition Of Business And Professional Associations     Abdulmajeed Abdullahi     2017 Budget     Saudat Abdulbaqi     Umar Sanda Yusuf     Fatimat Saliu     Waheed Ibrahim     Adebayo Mohammed Kamaldeen     Abubakar Abdullahi Bata     Ile Arugbo     Belgore     Mohammed Lawal Bagega     Bola Iyabo Ibiyeye Adisa     Simon Sayomi     Oluranti Idowu     UNIFEMGA     A.O. Belgore