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.

Saka Saadu     Ella Supreme Tissue Paper     Akanbi-Oke     Kwara Politics     John Olobayo     Local Government Pension Board     Kwha.gov.ng     Kwabes     Laboratory-to-Product     Erubu Oba Zubair     Adeleke Ogungbe     Dan Iya Of Ilorin     Igosun     Ayoade Akinnibosun     Raheem Adaramaja     Abdulfatai Salman Baakini     Tsado Manman     Muhammed Akanbi     Lithium     Kwara Pdp     Kumbi Titiloye     Ayo Adeyemi     Adesoye College     Kamoru Kadiri     Abdulazeez Uthman     Okin Malt     Cassava Growers\' Association     Abdulquawiy Olododo     IQRA College     Saka Abimbola Isau     Irepodun     Kayode Zubair     Oluronke Adeyemi     Ohoro Of Shao     Saka Isau     Mumini Ishola Hanafi     Abdulrazaq Magaji     Saidu Yaro Musa     Adeola Abraham     Oko Erin     Al-Hikmah Radio     Jide Ashonibare     Bolakale Saka     Sa\'adatu Modibbo-Kawu     Oniyangi     AbdulRazaq AbduMajeed Alaro     Isaac Gbenle     Volunteers Of Ilorin Community And The Emirate     Okala Baba     Apado     Share/Tsaragi     Harafat E. Mukadam     Hamza Usman     Yusuf Amuda Aluko     Wahab Kunle Shittu     Kwara Coalition Of Business And Professional Associations     Alapansapa     Baboko     Ganiyu Taofiq     Galadiman Ngeri     Alao Ayotunde     Olateju Lukman     Ibrahim Mashood     Otunba Taiwo Joseph     Mashood Dauda     Kwara Basketball Association     Sayomi     Arandun     Salihu Ajia     Lawyers Unite Against Corruption     SSUCOEN     Abdulwahab Ololele     Alabi Olayemi Abdulrazak     Mohammed Lawal     Kwara State Polytechnic     Orisun Igbomina     IsDB    

Cloud Tag: What's trending

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

Riskat Opakunle     Tunji Arosanyin     Ahman Pategi     Michael Nzwekwe     Yusuf AbdulRasheed     Babaloja-General     Amuda Aluko     Oba Abu     Esinniobiwa Quareeb     Babata     AGM Professional Services     United Nigeria Airline     Students Union Government     David Oyepinola Adedumoye     COVID     Shao     GAMA     Post-utme     Micheal Imodu-Ganmo Road     Fatai Adeniyi Garba     Aisha Abodunrin Ibrahim     LABTOP     Tanke     Raymond Olaitan     Yahaya Seriki     Oyedepo     Hakeem Lawal     Omoniyi Ayinla     Ilorin West/Asa Federal Constituency     Garba Dogo     Zainab Abass     Nigerian Supreme Council For Islamic Affairs     08001000100     Ajidagba     Mutawalle     Isiaka Gold     Oloruntoyosi Thomas     Oladipo Akanmu Tolani     Sheu Ndanusa Usman     Saudat Abdulbaqi     Olajumoke Monsura Gafar     Micheal Imoudu     Olokoba Abdullahi Ayinla     Jelili Yusuf     Offa Poly     Lithium Deposit     Muhammad Toyin Sanusi     Samuel Adedoyin     Shehu Jimoh     Femi Oladiji     Maryam A. Garuba     Babatunde Idiagbon     JAMB     Sobi FM     Tunde Yusuf     Raimi Iyanda     Tunde Idiagbon Road     Olayinka Olaogun     Hassan Taiye Salam     Bayer Nigeria Limited     Elewu     Muslim Stakeholders Of Kwara State     Tsado Manman     Valsolar Consultoria     Kale Belgore     Yusuf Lawal     NIRSAL     Muyideen Ajani Bello     Funmi Salau     Aisha Buhari     Ado Ibrahim     Gabriel Fashanu     Aremu Odolaye     Aliyu Umar     Sadiq Umar     Share     AGILE Programme