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.

Roseline Oni Aremu     Kwara State University Of Education     Muhammad Mustapha Suleiman     Standard Organization Of Nigeria     Abdulrahman Abdullahi Kayode     Countryside Emerging Leaders Fellowship     Olaitan Adefila     08001000100     Aso Ofi     Abubakar Baba Sulaiman     Omu-aran     Col. Ibrahim Taiwo     Mohammed Lawal Bagega     Sa\'adu Salau     Maryam A. Garuba     Oyin-Zubair     Kwara State Government     Ganmo Power Sub-Station     Lai Gobir     New Nigeria People’s Party     Marufat Oladosu     Aminat Ahmed     Yahaya Abdulkareem Babaita     Valsolar Consultoria     Madawaki Of Ilorin     Ariyo     Federal Neuro-Psychiatric Hospital     Unicontinental Construction Company     Binta Abubakar Mora     Sheikh Ridhwanullah     Abdulrahman Abdulrasaq     Gbenga Awoyale     Kwara South     Taofik Mustapha     Sulyman Tejidini     Olofa Of Offa     Arik     Asa LGEA School     Trader Moni     Face Masks     Ifelodun     Islamic Development Bank     Economic And Financial Crimes Commission     Chikanda     Hamidat Sulyman-Yusuf     Abdulrahman Abdulrasak     Sheu Ndanusa Usman     Adeleke Ogungbe     Ibrahim Issa Jetti     Abdulmajeed Wahab     Samuel Adedoyin     Garba Ayodele Wahab     Isiaka Oniwa     Mazars Consulting     Senate Presidency     Ilesha-Baruba     Simeon Ajibola     Zulkifli Ibraheem     HYPPADEC     Toyin Falola     Adebayo Salami     Adesoye     Bashiru Makama     Edret Sabi Abel     Henry Olaosebikan     Gurei     MATTA Girls Foundation     Hijaab     Belgore     Abdulrazaq Solihudeen     Overland     Ahmed Idris Mohammed     Magaji Erubu     Erubu Oba Zubair     Abdulraufu Mustapha     All Peoples Party     Ibrahim Abduquadri Abikan    

Cloud Tag: What's trending

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

Kamaldeen Ajibade     Tsaragi-Share     Ahman Pategi     Adeola Abraham     CBT     Kwara State Printing And Publishing Corporation     Arinola Lawal     Raimi Iyanda     Bola Shagaya     Kwara 2019     Saka Isau     Ibrahim Kayode Adeyemi     Amos Bajeh     Moshood Kashimawo Abiola     Olateju Lukman     Saad Omo Iya     IDPU     University Road     Abdulbaqi Jimoh     Yinka Aluko     Mustapha Akanbi     Quranic Recitation Competition     Saba Mamman Daniel     Okin Biscuits     Amos Justus Sayo     Ilorin Like-Minds     CUTI     Lola Ashiru     Convocation Ceremonies     Share-Tsaragi     Rebecca Bake     International Public Sector Accounting Standards     Oke-Ode     Garba Idris Ajia     GRA     Tinubu     Muhammadu Buhari     KWACOBPA     Yahaya Jibril Usman     Yahya Mohammed     SWAN     Orisa Bridge     Mohammed Kamaludeen     Kassim Babamale     Agbarigidoma     Muslim Cementary     Tunji Oyawoye     George Funsho Adebayo     Gbenga Olawepo     Kwara State Television (KWTV)     Doyin Group     Yaru     Oro Grammar School     Olomu Of Omu-Aran     Ishaq Abdulkarim     Aisha Abodunrin Ibrahim     Mahmud Ajeigbe     Tunde Saad     Centre For Digital Economy     Alliance For Democracy     Wahab Abayawo     Abdulkadir Orire     Temi Kolawole     Yusuf Ibitokun Sherifat     Orisun Igbomina     Bisi Oyeleke     Abubakar Usman Jos     March 18     Dankaka     Oba David Oyerinola Adedunmoye     Offorjama     Onilorin     Sobi Specialist Hospital     Dauda Adesola     Eleyele     Yusuf Mubarak     NAWOJ