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.

Sanusi Abubakar     Omotoso     Nigerian Correctional Service     BECE     MMWG     Yakubu Mohammed Abdullahi     Senate     Bola Olukoju     Saudat Abdulbaqi     Aliyu Olatunji Ajanaku     SSA Youth Engagement     Vasolar Consultoria     Nnazua     Mansur Alfanla     Isaac Gbenle     IEDPU     Samari     NYSC     Samuel Adedoyin     Oko     Yusuf Amuda Abubakar     Umar Sanda Yusuf     Moses Adekanye     Fulani     Yahaya A Paniyaro     Abdulganiyu Salahudeen     Apata Ajele Secondary School     Old Oyo     Salihu S. Yaru     Mohammed Tunde-Jimoh     Al-Hikmah Radio     Olomu     SGBN     HAMFAT Clinic And Maternity     Tafida Of Ilorin     Harrison Osauwagboe     Saheed Alakoso     Olusin Of Ijara Isin     Abdulmutalib Shittu     Yakub Lai Gobir     Abdulganiyu AbdulAzeez     Ileloke     Manzuma     Kwara State Television (KWTV)     Bola Magaji     Kwara Volleyball Association     Shuaib Boni Aliyu     KWASEIC     Aliyu Muhammed     Budo-Egba     Olupako     Nigerian Medical Association     Umar Ayinla Saro     Council Of The Wise     Col. Adedipe     Muritala Awodun     Suleiman Alege Kuranga     Abdulmumini Jawondo     Budo Egba     CELF     Arinola Lawal     Alapansapa     Awodun     Umar Gunu     Babajide Ajayi     IHS     Goodluck Jonathan     Oloje     Photo News     Kaosarah Adeyi     Halidu Danbaba     David Oyedepo     Onilorin Of Ilorin     Bilikis Oladimeji     Baboko     Rotimi Samuel Olujide     Hamza Usman    

Cloud Tag: What's trending

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

Oyin-Zubair     Oye Tinuoye     Egbejila     Dan-Kazeem     M.Y. Abdulrahaman     Razaq Ayobami Akanbi     Rabiu Kwankwaso     Irepodun     Ilorin South Constituency     David Oyerinola Adedunmoye     IHS Towers     ASMAU PLAZA     Senior Ibrahim Suleiman     General Hospital, Ilorin     Saheed Alakoso     Tinubu     Bond     Kwara State Coalition Of Business And Professional Associations     Tanke     Quran     Timothy Olatunde Fadipe     Abdulwahab Ololele     Kulende-UITH     Trader Moni     Ilesha-Baruba-Gwanara     Saeedat Aliyu     Kwara Politics     Ramadan     Balogun Fulani     Salake     Folajimi Aleshinloye     Maryam Nurudeen     Oluwatoyin Lukman     Road Transport Employers Association Of Nigeria     Ibrahim Abdulqadir Abikan     Abdulkareem Alabi     Oloriegbe     Isiaka AbdulRazaq     Bayo Ojo     Col. Taiwo     Kolo     Haashim Initiative For Community Advancement     Afeyin-Olukuta     IQRA College     Kwara State Football Association     Special Agro-industrial Processing Zone     Shururat Olatinwo     All Confederation Of Principals Of Secondary Schools     National Broadcasting Commission     Sola Saraki University     Rotimi Oyedepo     Bashir Adigun     Abdulazeez Arowona     Budo-Egba     Abdulmumini Jawondo     Popo-Igbonna     Adanla-Irese     Kwara Polytechnic     Shettima     Babs Iwarere     Senior Special Assistant On Student Affairs     Onilupeju Of Ilupeju     Michael Nzwekwe     Abdulkarim Adisa     New Model Police Station     Elesie Of Esie     Alfa Belgore     Sunset Workers     Kola Ologbondiyan     Yusuf Badmus     Solomon Edojah     LEAH Charity Foundation     Ilorin Talaka Parapo (ITP)     Yusuf Abdulkadir     Gambari     Sulyman Tejidini     AbdulKareem Yusuf Danhawa