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 High School     Obuh     Saheed Akinwumi     Jani Ibrahim     AbdulRazaq Abubakar Jiddah     Economic And Financial Crimes Commission     Oba-Solagberu     Olatinwo     Hassanat Bello     Mahmud Babatunde Baker     Abikan     UNIFEMGA     Rasheed Jimoh     Kwara Poly     Abdulkareem Alabi     Share-Tsaragi     Alagbado     Babatunde Ajeigbe     Isiaka Alikinla     Femi Oladiji     Kwasu     Yusuf Aiyedun     Isa Aremu     Monthly Sanitation Exercise     Aro Yahaya     Amuda Bembe     Transition Implementation Committee     Opobiyi     Bature Bello     Kwara 2019     Kwarareports     Laolu Saraki     Abdulrahman Onikijipa     Mohammed Haruna     Abdulganiy Abimbola Abdussalam     Samuel Adaramola     KWTV     Agbarere     Oloje     Lanre Issa Onilu     Abdulfatah Ahmed     Tanke Flyover Bridge     Just Event Online     Ibrahim Abdulqadir Abikan     Bolaji Gambari     Raji AbdulRasaq     Mumeen Lah     Hikmah AbdulKareem     High Court     Wahab Abayawo     Sadiq Umar     Deji Ajani     Dan Masanin     Oniyangi     Gbenga Olawepo     John Dara     Ilorin Water Reticulation     Emir Of Kano     Oyin-Zubair     Sulu Babaita Isiaka     Ajase-Ipo     Okoolowo     Yaru     United Nigeria Airline     AbdulKareem Yusuf Danhawa     Zaratu Umar     Earlyon Technologies     Gbadeyan Gbadura Yomi     Raliat AbdulRazaq     Yakubu Danladi     Oyedepo     George Funsho Adebayo     Hassan Saliu     Chief Imam Of Omu-Aran     Frootify     Jamila Bio Ibrahim     Adanla-Irese    

Cloud Tag: What's trending

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

Abdulrauf Aliyu     Ilorin Like-Minds     Idofin     Kwara State Television     Taofeek Sanusi     Olaitan Buraimoh     Kwara United     Iyabo Dupe Adekeye     Segun Ogunsola     Sardauna Of Ilorin     Ayodele Olaosebikan     Sabitiyu Grillo     Jeunkunu-Malete-Bani     Kamaldeen Ajibade     United Nigeria Congress Party     Facebook     Yoruba     Sebastine Obasi     Kassim Babamale     Bursary     Segun Adeniyi     Orisun Igbomina     Onilorin     Gbugbu     Dauda Adesola     Florence Saraki     BIR     Abdulrahman Abdulrasak     Olayinka Oladapo Jogunola     Offa Metropolitan Club     Ibraheem Adeola Katibi     Kunle Okeowo     Samuel Adaramola     Hydro-electric Power Producing Areas Development Commission     Olubukola Kifayat Adedeji     Ramadan     Simeon Sule Ajibola     Mumeen Lah     Kamaldeen Kehinde     Iponrin     Dunmade     QuickWin     Afolabi-Oshatimehin Adenike Harriet     2017 Budget     Ijagbo     Kazeem Gbolagade     Ajikobi     Isiaq Khadeejah     IESA     Federal Allocation     Imam Gambari     Shuaibu Yaman Abdullahi     Ajibola Ademola Julius     Christian Association Of Nigeria     Monthly Sanitation     Bolakale Kawu Agaka     COVID-19 Palliatives     Rachael Obisesan     Noah Yusuf     Okala Baba     Women For Change And Development Initiative     Abdulganiyu AbdulAzeez     Folashade Omoniyi     Kwara Basketball Association     Umar Bayo Abdulwahab     Okin Biscuits     Amuda Bembe     Standard Organization Of Nigeria     Gobir     Danhawa     Ita-Ore     Kazeem Oladepo     Okanlawon Taiwo     Oloye     Iyeru Grammar School     Quran     Bibire Ajape