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.

Aliyu Alhassan     Akorede     NaAllah     Opolo Global Innovation Limited     Sodiya     Mujtabah Bature     Isin     Imam Gambari     MMWG     Onilorin     Roheemat Hammed     Societe Generale Bank Of Nigeria     Saka Balikis Kehinde     Popo-Igbonna     Simeon Sule Ajibola     Quranic Recitation Competition     Aliyu Muyideen     Kehinde Baale     RTEAN     Ijakadi     Oniyangi     Isaac Gbenle     Abdulkadir Remi Hawawu     Aisha Abodunrin Ibrahim     Jimba Babatunde     Zainab Abass     Ahmed Shuaib Buranga     Sobi     Funmilayo Zubair     Shoprite     Ilorin Descendants Progressive Union     Sherif Sagaya     Erubu Oba Zubair     Jumoke Gafar     Ilorin General Hospital     Folorunsho Erubu     ER-KANG Mining     Abiodun Oyedepo     Yakubu Shaaba     Ahmed Ayinla Jimoh     Shagari     Marafan Shonga     Samuel Adedoyin     Taofik Abiodun Ahmed     A.O. Belgore     Adamu Jemilat-Baki     Tanke Road     Bureau Of Lands     Ilorin West/Asa Federal Constituency     New Naira Notes     AbdulRazaq Abubakar Jiddah     Abdulrazaq Magaji     Ahman Patigi     SAPZ Project     Muhammad-Mustapha Suleiman     Okoolowo     Moses Salami     Omupo     Nigerian Army     Olosi Of Osi     CT Ayeni     Sola Saraki Educational Foundation     Omotosho     CUTI     Olabode Towoju     Ayegbeni     Yahaya Abdulkareem     Mustapha Olanipekun     Olabanji Orilonishe     Saheed Akinwumi     Ishola Abdullahi     Tinubu     Olufolake Abdulrazaq     Jare Olatundun     Aasiyat Bello Oyedepo     Moshood Kashimawo Abiola     Aiyedun    

Cloud Tag: What's trending

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

Kayode Ibrahim     Mazars Consulting     Rabiu Kwankwaso     Ahmad Lawan     Abubakar Usman Jos     Balogun Fulani     Dan-Kazeem     Yahaya Muhammad     Ibrahim Abikan     MINILS     Osi     Kumbi Titilope     CACOVID Palliatives     Freshvine Nigeria Limited     Tafida Of Ilorin     Atiku Abubakar     Kwara State Government     Bluenile Associates     Ganiyu Abolarin     BIR     Kaosarah Adeyi     Ayodele Kuburat Olaosebikan     Yaru     Ibrahim Bio     National Association Of Nigerian Students     Ilorin Durbar     Alabi Lawal     Rasheed Jimoh     Ajakaye     Elerin Of Erin-Ile     Sadiq Buhari     Oba-Solagberu     Kawu     Valsolar Consortium     Asa LGEA School     African Democratic Congress     Abdulahi Abubakar Bata     Yunus Oniboki     SGBN     Akande Idowu Ayoola Muhammed     Abdullahi Imam Abdullahi     Mukhtar Shagaya     Yekeen Alabi     Universal Basic Education Commission     Joseph Yemi Ajayi     Kpotum Mohammed Baba     ASUU     Turaki Of Ilorin     Ope Saraki     Muhammad Mustapha Suleiman     Afetu Of Alabe     March 28     Salihu Ajibola Ajia     Kwara North     Ilorin Emirate Stakeholders Forum     Kayode Zubair     COEASU     Amoyo     Kwara Teaching Service Commission     Teachers Specific Allowance     Mahee Abdulkadir     Farouk Salim     Fulani     Mahmud Ayinla Giwa     Aminat Ahmed     Paul Olawoore     Kwabes     Local Government     Ahman Pategi     Bareke     Kazeem Gbolagade     Ayo Opadokun     CELF     Press Release     Amos Sayo     Alfa Yahaya Road     Seed Technologies