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.

Elections     Lola Olabayo     Is\'haq Modibbo Kawu     Rafiu Ajakaye     Ali Ahmad     Ayegbeni     Ishaq Oloyede     Bond     School Of Nursing     Obasanjo     Dele Momodu     Ilorin     Lanre Issa-Onilu     Olaitan Buraimoh     Gurei     Yekeen Alabi     Alikinla     Fatai Olodo     Abdulraheem Yusuf     IYA YUSUF     Obuh     Laboratory-to-Product     Musa Aibinu     Temitope Ogunbanke     Kwara State Fire Service     Eleja     Www.Kwarareports.com     Ndama Al-hassan     Segun Ogunsola     Share     Owode Market     Oluwole Dupe     Muhammed Akanbi     Adama Isa     Adamu Attah     Idofin     Ramat Oganija     Alloy Chukwuemeka     SSA Youth Engagement     Babajide Ajayi     Gabriel Fashanu     Eleyele     Yahya Mohammed     Olaiya Zuberu     Cassava Growers\' Association     Oni Adebayo     Habeeb Abdullahi Al-Ilory     Oloje     Rapheal Ashaolu     BIR     Vasolar Consultoria     Bursary     Abubakar Abdulraheem     Illyasu Abdullahi     Yusuf Ali     Kwara State Printing And Publishing Corporation     Samuel Olusegun Adedayo     Oyin-Zubair     Saliu Alamoyo     General Hospital, Offa     Isau     Face Masks     Academic Staff Union Of Universities     Pakata     CLAY POT     Oke-opin     Abdulraufu Mustapha     Salary     Kolawole Bashirat     Saadu Yusuf     Ndakene     Ogidi-Oloje     Tafida Of Kaiama     RTEAN     Elerin Of Erin-Ile     Mahfouz Adedimeji     Agbarere    

Cloud Tag: What's trending

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

Toyin Olayinka Tejidini     Suraj Tunji Oyewale     KWATMA     Adewuyi Funmilayo     IYA YUSUF     Aso-ofi     AbdulRahman Saad     Jimoh Saadudeen Muhammed     Kwara Pdp     Abubakar Atiku     Wahab Femi Agbaje     Abdulraufu Mustapha     Ahmad Lawan     Valsolar     Salman Alada     Mansur Alfanla     Ibikunle Ogunleye     Amuda Musbau     Afetu Of Alabe     Tosin Saraki     Hassan A. Saliu     Salihu Jibril Garbi     Sodiya     Ibrahim Gambari     Jide Ashonibare     Ilorin Likeminds Foundation     Radio Kwara     Aisha Abodunrin Ibrahim     Damilola Yusuf     Ilorin Talaka Parapo     Tayo Alao     Omoniyi M. Ayinla     Oro Grammar School     Modibo Kawu     Kwara Restoration Project     Umar Saro     Bukola Ajikobi     Saka Onimago     Sheriff Shagaya     Share-Tsaragi     IESA     Kayode Oyin-Zubair     Senate     Emir Of Yashikira     Amos Bajeh     Mohammed Yisa     Facemasks     Funmi Salau     Ahmed Idris Mohammed     Tunji Ajanaku     Iyiola Oyedepo     Oba-Solagberu     Abdulraheem Yusuf     Nigeria Computer Society     Orisa Bridge     Alabe     Amada Jidda     CCEPE     MAI Akande     Omotosho     Sulu Babaita Isiaka     Ijagbo Health Centre     3MTT     Mike Omotosho     Laboratory-to-Product     Maigida     T And K FOODS     Ilorin Emirate Staff Association     Salihu Ajibola Ajia     Jelili Yusuf     Osi     Jamiu Oyawoye     Amusa Bello     Lawan     Saad Omo\'ya     NFAI     Magaji Erubu