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.

N-Power     Bilikis Oladimeji     Ibrahim Abikan     Harmony Holdings     Allocation     Yusuf Abubakar     Ibrahim Akaje     Isiaka AbdulRazaq     Saliu Tunde Bello     Hijaab     Ibrahim Agboola Gambari     Bashir Omolaja Bolarinwa     Saadu Alanamu     National Democratic Congress     Adedayo Yusuf Abdulkareem     Idowu Laro     Curfew     Goodluck Jonathan     TIIDELab     IF-K     Abdulbaqi Jimoh     Muhammad Fawaz Abubakar     Moses Rahman Popoola     Mahmud Babatunde Baker     Joseph Daudu     Khairat Gwadabe     Adam Abdullahi Al-Ilory     Sheikh Ridhwanullah     Abdullahi Biffo     Cassava Growers\' Association     Federal Neuro-Psychiatric Hospital     Rice Farmers Association Of Nigeria     Salami Adekunle     Monsurat Omotosho     Abubakar Usman Jos     Kolawole Bashirat     Yunus Lawal     Kubra Kazum     Kisira     Issa Memunat Moyosore     Bature Bello     AbdulRahman Saad     Adijat Adebiyi     Abdulganiyu AbdulAzeez     African Democratic Congress     Adolescent Girls Initiative For Learning And Empowerment     HYPPADEC     Garba Ado Sanni     Mahfouz Adedimeji     Ahmad Uthman     Onilu     Shuaib Jawondo     Shuaibu Yaman     Pilgrims Board     Hassan Abdulazeez Elewu     Yusuf Abdulwahab     Forgo Battery     NTA Ilorin     Jumoke F. Ajao     Shehu Alimi Foundation     Sheikh Ariyibi     Ijagbo     Face Masks     Rotimi Oyedepo     Temitope Ogunbanke     Abdullahi Adisa Akodudu     Ajayi Okasanmi     Tunji Moronfoye     Hassan Taiye Salam     AbdulRaheem Ahmad Shayi     Ibrahim Mashood     Alabere     Pakata     TESCOM 2025     Marafan Shonga     Jimoh Olusola Imam     Basic Education Certificate Examination    

Cloud Tag: What's trending

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

Issa Oloruntogun     Aremu Odolaye     Countryside Emerging Leaders Fellowship     Jide Ashonibare     A.G.F Abdulrasaq     Bola Iyabo Ibiyeye Adisa     United Nigeria Airline     Elerinjare-Ibobo     Abubakar Imam     Egbewole     Yoonus Lawal     Democracy Day     Abubakar Usman Jos     Kwara South     JMK Construction Company Limited     Amusa Bello     Oniye     Yunus Oniboki     Col. Ibrahim Taiwo     Guber Aspirant     Opobiyi     Ahmed Idris Mohammed     Kwara Primary Health Care Development Agency     Abdulhakeem Amao     Yahaya Jibril Usman     Musa Alhassan Buge     National Party Of Nigeria     Bola Olukoju     Ojuekun     Iyabo Dupe Adekeye     Tunji Arosanyin     Hassan Taiye Salam     NNPP     Lola Olabayo     Olaiya Zuberu     Oluranti Idowu     Afolayan     Emmanuel Bello     Ganiyu Taofiq     IYA ALFA NLA     Bukola Ajikobi     Abdulrasheed Lafia     Lithium Deposit     Fatai Adeniyi Garba     Sobi Specialist Hospital     Moses Afolayan     Akande Idowu Ayoola Muhammed     Akanbi-Oke     Kwara-SAPZ Project     Ajakaye     Ishaq Oloyede     KWSUED     Alaaya     Ubandoma     Abatemi Usman     James Kolo     Kubra Kazum     Vasolar-Kwara Company Ltd     Olabanji Orilonishe     Razaq Atunwa     Abdulrahman Abdulrasak     Al-Hikmah University     Saadu Gbogbo Iwe     Eghe Igbinehin     David Oyepinola Adedumoye     Magaji Nda     Oniyangi Kunle Sulaiman     Shehu Jimoh     Tunji Ajanaku     Sheikh Ariyibi     AGF Abdulrazaq     Iyabo Adewuyi     Umar Saro     NaAllah     Gbemisola Oguntimehin     Abdulganiy Abimbola Abdussalam     Rafiu Ibrahim