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.

Adebara     Adam Abdullahi Al-Ilory     Orisun Igbomina     Oyawoye     Abubakar Lah     Yusuf Lawal     Haliru Dantoro     Olatunde Jare     Olushola Saraki     Hassan A. Saliu     Ishaq Oloyede     Rihanat Ajia     Abraysports FC     Lanre Issa-Onilu     Oke Sunna     Bankole Omisore     Sobi Specialist Hospital     Chemiroy Nigeria Limited     Split Diamond Interchange     Abiodun Oyedepo     Ibrahim Abdullahi     Toyin Abdullahi     Iyabo Dupe Adekeye     Damilola Yusuf Adelodun     Nigeria Governors\' Forum     Dapo Teni Nig Enterprise     Sam Okaula     Ilorin     Abdulrazak Shehu Akorede     Umar Adelodun     Charcoal     Isiaka AbdulRazaq     Hauwa Nuru     BECE     Nnazua     Kwara University Of Education     Apado     Olaiya Zuberu     Sam Onile     Oke-Kura     Ajase-Ipo     Garba Dogo     International Public Sector Accounting Standards     Yusuf Abdulwahab     Col. Taiwo     Tunji Moronfoye     Abdulwasiu Bolaji Adeyi     Kwara State Geographic Information Service     Towobola Abdulrahman Toyin     Olokoba Sulyman     SAPZ Project     Rasheed Jimoh     Sulyman Buhari     Gobirawa     Okin Biscuit     Oke-Odo     Ilorin Water Reticulation     Ajibola Saliu Ajia     Jimoh Akani     Abubakar Imam     Surajudeen Akanbi     Lola Olabayo     Kunle Okeowo     Lithium Deposit     Lateef Alagbonsi     CACOVID Palliatives     Niyi Osundare     Mike Omotosho     Riskat Opakunle     Bluenile Associates     SSA Youth     FOMWAN     Eleja     Zulu Gambari     Shuaibu Yaman     Offa Metropolitan Club     Abdulkareem Alabi    

Cloud Tag: What's trending

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

Ibrahim Orire     Talaka Parapo     Titus Suberu-Ajibola     Apaokagi     Student Learning Support Helpline     Ajia-Bako     Elekoyangan     Ijagbo Health Centre     Facemasks     Umaru Saro     Yekeen Alabi     Sanitation Exercise     Tope Daramola     Afolayan     Abdulrauf Yusuf     Towobola Abdulrahman Toyin     Olusola Saraki     Abdulrahman Abdulrazaq     Ahmed Bayero     Abdulrazaq Akorede     Funmilayo Mohammed     COVID     Shoprite     Sulyman Buhari     Kwara State Internal Revenue Service     KWIRS     Ibrahim Abdullahi     TIIDELab     HICA     Owo Isowo     Ilorin Anchor Men And Women     Y.A. Abdulkareem     Edret Sabi Abel     Ganmo Electricity Sub-Station     Toun Okewale-Sonaiya     AbdulRazaq AbduMajeed Alaro     Lola Olabayo     Islamiya Abdulraheem     Lanre Badmus     KWAFFA     Yusuf Abdulwahab     Tanke     Abdulwahab Ololele     Sheikh Ridhwanullah     Olaoye B. Felix     Just Event Online     Majlis For Sadaqah, Zakat And Waqf     Goodluck Jonathan     Samuel Olusegun Adedayo     Kolade Solagberu     Sa\'adu Gambari     Aliyu Kora-Sabi     Mohammed Lawal Bagega     Idris Amosa Oladipo Saidu     Nnazua     Rachael Obisesan     Atiku Abubakar     Oladipo Akanmu Tolani     Wahab Issa     SGBN     Belgore     Ijakadi     Bamidele Adegoke Oladimeji     Salihu S. Yaru     Temi Kolawole     Apata Ajele Secondary School     Facebook     EFCC     Idowu Aremu     Sadiq Umar     Balogun Gambari     Shaaba Lafiagi     Madawaki     Gobir Organization Foundation     Hauwa Nuru     General Tunde Idiagbon International Airport     Mohammed Haruna