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.

Abdulwaheed Musa     Funmilayo Zubair     Funmilayo Isiaka Oniwa     Sunset Workers     Abdulmumini AbdulRazaq     Elelu     Kayode Zubair     Olugbense     Akorede     Dar-Al-Handasah Consultants Ltd     Rotimi Atere     Tunde Yusuf     Jamila Bio Ibrahim     Pilgrims Board     Frootify     Yahaya Abdulkareem Babaita     Musibau Akanji     Ilorin Water Reticulation     IYA ALFA NLA     Ganmo Power Sub-Station     Lithium Deposit     Sola Saraki University     Saliu Alamoyo     Ilota     Sheikh Ridhwanullah El-ilory     Mohammed Halidu     Laduba     Dapo Teni Nig Enterprise     NAWOJ     Veterinary Teaching Hospital     Olokoba Abdullahi Ayinla     Segun Abifarin     Timothy Olatunde Fadipe     Valsolar-Kwara Company Limited     Sabo-Oke     Wale Oladepo     Taofik Abdulkareem     Agor     Erubu Oba Zubair     Saeedat Aliyu     Ilorin Emirate Staff Association     Alaaya     Adama Isa     Law School Scholarship     NYSC     AbdulRazaq Abubakar Jiddah     Islamic Development Bank     Waheed Ibrahim     Kwara Politics     Kolawole Akande     Kayode Ishola     Aisha Ahman Pategi     Ilorin Talaka Parapo (ITP)     Kayode Alabi     Okin High School     Ilorin International Airport     Okeose Christian Cementary     Durbar     Okiki     Halidu Danbaba     Amos Justus Sayo     KWIRS     Abdullahi AbdulMajeed     Raji Ayodele Kamaldeen     Kola Olota     SGBN     Col. Taiwo     Abdulfatai Salman Baakini     Yusuf Zulu-Gambari     Sobi Hill     Elerin Of Erin-Ile     Tunji Moronfoye     Apaola     Abubakar Lah     PAACO-PCL Consortium     Sheriff Olanrewaju     Monthly Sanitation    

Cloud Tag: What's trending

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

CKNG     Abdul-Rahoof Bello     Patigi Regatta     Micheal Imodu-Ganmo Road     Abubakar Imam     Muhammad Toyin Sanusi     Smart School     Abubakar Suleiman     Rafiu Olasile     Bank Of Industry     Taiwo Joseph     Olaiya Victor Mobolaji     Kaosarah Adeyi     Summit University     Saadu Yusuf     Ahmed \'Lateef     Isiaka Saka Opobiyi     Akanji     Islamiya Abdulraheem     Plat Technologies Limited     Saliu Ajia     Afonja Descendants Union     Veterinary Teaching Hospital     Abdullahi Adisa Akodudu     ENetSuD     Saliu Oluwole     Olatunji Bamgbola     Binta Abubakar-Mora     Alloy Chukwuemeka     Mamman Saba Jibril     Pacify Labs     International Aviation College     Lawal Jimoh     Kabir Shagaya     Bahago     Ado Bayero     IESA     Third Estate     Folashade Omoniyi     Kwasu     Yeketi     Kayode Ibrahim     Amos Justus Sayo     Wahab Issa     Hamidu Olowo     Umar Ayinla Saro     Oke-Kura     Yusuf Mubarak     Lithium Deposit     Manzuma     Ubandoma     Olabanji Orilonishe     Falokun-Oja     Apado     Elections     Ballah     Ilorin Innovation Hub     Jimoh Olusola Imam     Usman Alkali Baba     Sam Onile     Umar Sanda Yusuf     COVID     Medview Airlines     Oke Sunna     Ahmed Bolaji Nagode     Plat Technologies     General Tunde Idiagbon International Airport Ilorin     Ahmed Ayinla Jimoh     Turaki Of Ilorin     Mubarak Oladosu     Kolawole Bashirat     Lafiagi     Olosi Of Osi     Suleiman Alege Kuranga     Kazeem Gbolagade     Madawaki Of Ilorin     Adedeji Onimago