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.

Code Of Conduct Tribunal     Hakeem Lawal     Sulyman Abdulkareem     Jimoh Lambe Abdulkareem     Olomu     Abdulsalam Firdaous Amosa     Isiaka Danmeromu     Yomi Adeboye     Wasiu Onidugbe     Kwara Central     Jalala     Garba Idris Ajia     Just Event Online     Kwara Restoration Project     Wahab Femi Agbaje     NNPP     Jamila Bio Ibrahim     Yusuf Amuda Aluko     Ilorin South     Umar Adelodun     Bankole Omisore     Yusuf Abdulwahab     NYSC     Balogin Alanamu     Abdulhakeem Adelaja Amao     Ahmed Saidu Rufai     Niyi Ogundiran     Magaji Nda     Offa Poly     Apado     Egbewole     Isiaka Yusuf     Abatemi Usman     Charles Ibitoye     Muhammad Fawaz Abubakar     Jumoke Monsura Gafar     Saka Asiat Ayinke     Issa Baba     Joana Nnazua Kolo     Kolade Solagberu     CUTI     Mohammed Alabi Lawal     Ilorin Emirate Staff Association     Abdulrahman Abdulrazak     Law School Scholarship     Razaq Atunwa     CELF     Sodiya     Lanre Badmus     All Confederation Of Principals Of Secondary Schools     Bursary     Bello Taoheed Abubakar     Abdulrasheed Lafia     Olupako Of Share     Abdulrazaq Adebayo     Turaki     Rachael Obisesan     AbdulRauf Keji     Ilorin West     Abdulrazaq Sanni     Musa Alhassan Buge     Rafiu Olasile     Kwara Volleyball Association     Shehu Raheem Adaramaja     Yusuf Abubakar     Medinat Folorunsho Salman     Usman Yunusa     Oye Tinuoye     Jelili Yusuf     Reuben Paraje     Modibbo Kawu     FERMA     Kudirat Arinola Lawal     Ayo Salami     Agbarere     Tunji Folami     Senate    

Cloud Tag: What's trending

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

Agor Market     Kola Shittu     Offa     Funmilayo Mohammed     Col. Ibrahim Taiwo     Owode Market     Junior Secondary School Certificate Examinations     Peter Obi     Jimba Babatunde     Otunba Taiwo Joseph     Revenue Court     Split Diamond Interchange     FOMWAN     Maimunat Oloriegbe     Abdulrazaq Adebayo     Doyin Awoyale     Quareeb Islamic Association     Kazeem Oladepo     Kunle Okeowo     Mopelola Abdulmaliq-Bashir     Osinbajo     Centre For Digital Economy     Joseph Daudu     GAMA     Alaro     Hakeem Lawal     Abdulkadri Ahmad Alaiye     Samuel Elizabeth Keatswa     New Nigeria People’s Party     John Olajide Adedipe     Shola Odetundun     Yunus Lawal     Usman Yunusa     Shururat Olatinwo     Akande Idowu Ayoola Muhammed     Hassan Taiye Salam     KWASSIP     Ganmo Power Sub-Station     Shuaib Boni Aliyu     Lai Gobir     Mohammed Saidu     Niguel Gallando Marcias     Durosinlohun Atiku     Abraham Ojo     Jare Olatundun     MMWG     Olaitan Adefila     Peter Amogbonjaye     Christian Association Of Nigeria     Mohammed Ajia Ibrahim     Student Learning Support Helpline     Computer Based Test     Asa LGEA School     GGDSS Pakata     Marufat Oladosu     UNILORIN Alumni     School Of Nursing     Omar Gambari     Leke Ogungbe     Oko-Erin     College Of Education     Road Transport Employers Association Of Nigeria     Ibrahim Abdullahi     Ayinde Oki     Oniyangi Kunle Sulaiman     Abdulrazaq Sanni     Abdulahi Abubakar Bata     Ilorin Talaka Parapo     Oke-Oyi     Code Of Conduct Bureau     Abdulrahman Iliasu     Omu Aran     Idowu Aremu     Saka Asiat Ayinke     AbdulRahman Saad     Muhammad Yahya     University Road