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.

Ibrahim Mashood     Malete     A.E. Afolabi     Yusuf Amuda Gobir     Moronfoye     Elekoyangan     Ahmed Shuaib Buranga     Olabimpe Olani     Oju Ekun Sarumi     Ahmad Olanrewaju Belgore     Makama Of Kaiama     Senior Special Assistant On Student Affairs     MalHub     Muslim Cementary     Fatai Garuba Labaka     Abdulquowiyu Olododo     Kunbi Titiloye     Sulyman Abdulkareem     Quranic Recitation Competition     Kulende-UITH     Saidu Isa     Garba Ado Sanni     AbdulKareem Yusuf Danhawa     Aso Ofi     Apado     Principal Private Secretary     Ibikunle Ogunleye     John Olobayo     Bolaji Abdullahi     Iyabo Dupe Adekeye     Oke-Ode     Government House     Bisi Kristien     Post-utme     NIRSAL     Ijagbo     Kwara South     Gbajabiamila     New Nigeria People’s Party     Yekini Adio     Zubair Folorunsho Erubu     Sherif Sagaya     SUBEB     Taibat Ayinke Ahmed     Jare Olatundun     Joseph Yemi Ajayi     Share     Ahman Pategi     Laduba     Modupe Oluwole     Babaita     Ayinke Saka     Omoniyi M. Ayinla     Ilorin Durbar     Dan Iya Of Ilorin     Oba Of Jebba     TETFUND     Sayomi     Bola Shagaya     AbdulGaniyu Kareem     Lawal Arinola Kudirat     Trader Moni     Yashikira     Olota Of Odo-Owa     Yomi Adeboye     Abubakar Abdullahi Bata     Jimoh Lambe Abdulkareem     Idris Amosa Oladipo Saidu     Kola Shittu     Ishaq Abdulkarim     Bamidele Adegoke Oladimeji     Boko Haram     Omoniyi     Oloye     Tsaragi/Share     CLAY POT     Kisira    

Cloud Tag: What's trending

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

Alaro     Afolabi-Oshatimehin     Mustapha Akanbi     Lola Olabayo     Timothy Akangbe     Tsaragi     Bashiru Makama     Oba Sulaiman Asude     Akanji     CUTI     Kwara State Coalition Of Business And Professional Associations     Old Oyo     IEDPU     Special Adviser On Digital Innovation     Saduki Lafiagi     Kwara TV     Markaz Arabic And Islamic Training Institute, Agege     Centre For Community Empowerment And Poverty Eradication     Share/Tsaragi     Elekoyangan     ANCOPPS     National Democratic Congress     Moji Makanjuola     Aliyu Olatunji Ajanaku     11th Galadima     Sheikh Alimi     COEASU     Abdulrazaq Aiyelabegan     Bankole Omisore     Wale Oladepo     Col. Taiwo     Alagbado     Saidu Yaro Musa     Prince Mahe Abdulkadir     Dele Belgore     Gambari     Kwara NIPR     Medview Airlines     Olufolake Abdulrazaq     Ishak Mohammed Sabi     Kamaldeen Gambari     Eleja Taiwo Banu     Playing Host     Adesoye     Abdulrahman Abdulrazak     Shao     Pakata Patriots     Onilu     Bello Abubakar     Quareeb     Seed Technologies     Iliasu     Bilikisu Gambari     Tunde Mukaila Mustapha     Balogun Ajikobi     Bamidele Aluko     New Model Police Station     Oba David Oyerinola Adedunmoye     Oloyede     Hassan Oyeleke     National Broadcasting Commission     Bayo Lawal     Yunus Lawal     Lawan     Moshood Mustapha     Rueben Parejo     KwaraLearn     Kawu Baraje     Saba Jibril     Olaiya Zuberu     Oju Ekun Sarumi     Akande Idowu Ayoola Muhammed     Chief Of Staff     Apaola     Raliat Elelu-Habeeb     Olaitan Adefila     Otunba Taiwo Joseph