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.

Abdulrazak Shehu Akorede     Dar-Al-Handasah Consultants Ltd     Gabriel Fashanu     Muhammad Mustapha Suleiman     Saheed Popoola     Garba Ado Sanni     Bilikisu Gambari     Ilorin Airport     Ophthalmological Society Of Nigeria     Gbenga Olawepo     Yakub Ali-Agan     NULGE     Dorcas Afeniforo     Sabitiyu Grillo     Sheikh Ariyibi     Abdulmajeed Abdullahi     Saidu Kawu     CLAY POT     National Pilot     Garba Idris Ajia     Muyiwa Oladipo Kanu     Monsurat Omotosho     Www.Kwarareports.com     Demola Banu     KWASEIC     Razaq Ayobami Akanbi     Sobi     Muhammed Mahe Abdulkadir     Ibrahim Abdulqadir Abikan     Olusegun Adeniyi     Sulyman Tejidini     Akume     Yahaya Jibril Usman     Soffiyyallah Kamaldeen     Ayo Opadokun     Abdulsalam A. Yusuf     Marufat Oladosu     Abubakar Baba Sulaiman     Post-utme     Adamu B. Yaqubu     Doyin Awoyale     Oke-Ero     Okin Biscuit     Yusuf AbdulRasheed     Jumoke Monsura Gafar     Adaramaja     Abubakar Abdulraheem     Talaka Parapo     Isaac Gbenle     Simeon Sule Ajibola     Moji Makanjuola     Ghali Muhammed     Michael Nzekwe     NaAllah     Hauwa Nuru     Victor Gbenga Yusuf     Muftau Akanbi Oke     Sidikat Uthman Ajibola     Dankaka     Oko-Olowo     Olomu     Wole Oke     Baaziki Sulaiman     Ilorin Muslim Community     Eleyele     Mashood Dauda     Kolo     Ado Bayero     Senate Presidency     Al-Hikmah University     Sa\'adu Gambari     Kayode Zubair     Lawal Arinola Kudirat     Tuesday Assayomo     Shonga Farm Project     Femi Oladiji     Face Masks    

Cloud Tag: What's trending

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

Tayo Alao     Al-Hikmah Radio     Abdulquawiy Olododo     John Obuh     Mike Omotosho     KWASEIC     Muhammad-Mustapha Suleiman     Esinrogunjo     Akeem Olatunji     Moro     Sobi Specialist Hospital     Council Of The Wise     Olubukola Kifayat Adedeji     2017 Budget     Oloye     Taofik Mustapha     Kolo     Tanke Flyover Bridge     Muhammad Toyin Sanusi     CACOVID Palliatives     Baba Adini Of Kwara State     NURTW     General Hospital, Offa     Park     Leke Ogungbe     Kumbi Titiloye     Raymond Olaitan     Quareeb Islamic Association     Senior Special Assistant On Student Affairs     Baba Isale     Bolaji Aladie     Haliru Dantoro     Ekiti     Osi     Kola Ologbondiyan     Yahaya Seriki Gambari     UNIFEMGA     Sanitation Exercise     Abdulganiyu AbdulAzeez     Moremi High School     Oni Adebayo     Rice Farmers Association Of Nigeria     Ridwan Agboola     Ibrahim Sulu Gambari     Muhammed Taofeeq Abdulrazaq     Olosi Of Osi     Christian Association Of Nigeria     Christopher Tunji Ayeni     Muftau Akanbi Oke     Toyin Falola     Ahmad Uthman     Ishaq Salman     National Union Of Road Transport Workers     Cornelius Fawenu     Mohammed Alabi Lawal     Sebastine Obasi     Taibat Ayinke Ahmed     Saka Onimago     Yakubu Shaaba     Adekunle David Dunmade     Owo Arugbo     Ayo Salami     LEAH Charity Foundation     Gbadeyan Gbadura Yomi     Surajudeen Akanbi     Oloruntoyosi Thomas     Fatai Garuba Labaka     Col. Adedipe     Abdulganiy Abimbola Abdussalam     RTEAN     Saad Omo\'ya     Gbugbu International Market     Niguel Gallando Marcias     Salman Alada     Abdulazeez Uthman     Omotoso     Undergraduate Bursary