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.

Ilorin Descendants Progressive Union     EFCC     Okoolowo     Majlis For Sadakah, Zakat And Waqf     Rice Farmers Association Of Nigeria     Gbemisola Oguntimehin     Charcoal     Veterinary Teaching Hospital     Economic And Financial Crimes Commission     Sheikh Hamzat Yusuf Ariyibi     Makama Of Ilorin     Muhammed Akanbi     Minister     Suraj Tunji Oyewale     Aliyu Alhassan     Admiralty Villa     Aliyu Salihu     Abubakar Ndakene     Tunde Kazeem     Woro     Tsado Manman     Amina Susa\'a De Ahmed     Principal Private Secretary     Abdulganiy Abimbola Abdussalam     Bello Oyedepo     Adisa Logun     HYPPADEC     Park     Eghe Igbinehin     Yakubu Dogara     Hassanat Bello     Saheed Popoola     Lukman Adeloyin     Abdulganiyu Salahudeen     Ayo Adeyemi     Jimoh Olusola Imam     Abdullahi AbdulMajeed     Okin High School     Shettima     Lai Mohammed     Bayo Lawal     March 28     Ishola Moses Abiodun     Gbemisola Saraki     Basit Olatunji     AbdulRazaq AbduMajeed Alaro     Sulyman Tejidini     Mary Arinde     UTME     NTA Ilorin     Nigeria Foundation For Artificial Intelligence     Babaloja-General     Hussein Olokooba     Quran     ASKOMP     Kwara State Internal Revenue Service     Talaka Parapo     Idris Amosa Saidu     Olatunde Jare     TESCOM 2025     Abdulkarim Adisa     Isiaka AbdulRazaq     Isapa     Doyin Awoyale     Ilorin Amusement Park     Ibrahim Akaje     Mahmud Ajeigbe     Aminat Ahmed     Muhammadu Gobir     Muhammed Mahe Abdulkadir     Ahmad Olanrewaju Belgore     Yusuf Abubakar     Yusuf Abdulraheem     Ahmed     2023 Elections     Ishola Abdullahi     Kawu    

Cloud Tag: What's trending

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

Olofa Of Offa     Ilorin General Hospital     Erubu Oba Zubair     Cornelius Adebayo     Clement Yomi Adeboye     Abubakar Imam     Issa Oloruntogun     Ilorin East/South Federal Constituency     Yusuf Abdulraheem     IHS     Tayo Alao     Harafat E. Mukadam     Busari Toyin Isiaka     Hausa     Dorcas Afeniforo     Salihu S. Yaru     Aisha Ahman-Pategi     Ayinke Saka     Wahab Abayawo     Wale Oladepo     Sarakite     Ilorin Curfew     Raymond Olaitan     Arik     Matthew Okedare     IHS Towers     Taofeek Ibraheem     Baba Issa Awoye     Oke-Ogun     Kwara Restoration Project     Lanre Issa Onilu     Olayinka Olaogun     Wasiu Odewale     Eghe Igbinehi     Sulu Gambari     Ballah     KWTV     Code Of Conduct     Funmilayo Oniwa     Ayeyemi Sulaiman     Ayotunde Emmanuel Alao     Apaola     Hikmah AbdulKareem     United Nigeria Airline     Hakeem Idris     Abdullahi Biffo     Madawaki Of Ilorin     Ekweremadu     Aliyu Adebayo     NITDA     Afusat Nike Ibrahim     Kwara Polytechnic     Abdulwahab Olarewaju Issa     Ijagbo     Abdulmalik Bashir Mopelola Risikatullahi     Ahmed Alhasssan     Saheed Alakoso     Aso-ofi     Tosho Yaqub     Vasolar-Kwara Company Ltd     Yusuf Zulu-Gambari     Jimoh Akani     Borgu     Musa Alhassan Buge     Moronfoye     Babajide Ajayi     Amina El-Imam     Isiaka Gold     08001000100     EndSARS     KWSUED     Frootify     Abdulazeez Arowona     Akume     Oyun     Oye Tinuoye     Salman Suleiman