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.

Dauda Adeniran Adeshola     Garba Dogo     All Confederation Of Principals Of Secondary Schools     Ajikobi     Olatunji Ayeni     Lawyers Unite Against Corruption     TESCOM 2025     Abdulkadir Bolakale Sakariyah     Ahmad Uthman     Ajibola Saliu Ajia     Ibrahim Orire     Abdulkadir Akanbi-Oke     Kawu     Lithium Deposit     Balogin Alanamu     Olatunde Michaels     Mashood Dauda     General Hospital     Aisha Gobir     Kehinde Baale     Lasiele Alabi Yahaya     Oye Tinuoye     Guber Aspirant     Plat Technologies     NYSC     Iliasu     Clement Yomi Adeboye     NaAllah     Olayinka Are     Abdulwaheed Musa     Habeeb Saidu     Ubandoma     Mohammed Jimoh Faworaja     Saka Keji     Metro Park     IDPU     Ishola Moses Abiodun     Isiaka Abdulrazak     AbdulRahman Saad     Yusuf Lawal     Onilupeju Of Ilupeju     Apaokagi     Saba Jibril     Kola Bukoye     Smart School     Sango-UITH Road     Unicontinental Construction Company     Assayomo     John Obuh     Hussein Oloyede     Wahab Isa     Ohoro Of Shao     Arinola Fatimoh Lawal     Olabimpe Olani     Agbarere     Kwara State Television (KWTV)     David Oyedepo     Kwha.gov.ng     Bashir Omolaja Bolarinwa     Ahman Pategi University     Erubu Oba Zubair     Bureau Of Lands     Mogaji Aare     Haliru Yahaya     Kola Ologbondiyan     Muhammed Akanbi     Oba David Oyerinola Adedunmoye     Abioye Bello     Sheikh Ridhwanullah El-ilory     Roheemat Hammed     Suleiman Rotimi Iliasu     Radio SBS     Kayode Ogunlowo     Obasanjo     Jamiu Oyawoye     Standard Organization Of Nigeria     Just Law Forum    

Cloud Tag: What's trending

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

Kwara State Sports Commission     Shuaib Boni Aliyu     Ilorin West     Titus Ashaolu     IHS     Muhammad Mustapha Suleiman     Ilorin Innovation Hub     Okin High School     TETFUND     Abdullahi Atanda     Gobir Organization Foundation     Mohammed Kamaludeen     Taofeek Ibraheem     Ayinke Saka     IYA YUSUF     Centre For Peace And Strategic Studies     Abdulganiyu Oladosu     Oba Abdulkadir La\'aro     Biliaminu Aliu     Offa Grammer School     Baba-Isale     Ahmed Shuaib Buranga     Royal FM     Justina Oha     Vishvas KOZ Tractors     Abdulquowiyu Olododo     Budo-Egba     AbdulRazaq Abubakar Jiddah     Musa Ayinla Yeketi     Isiaka Danmeromu     Demola Banu     New Naira Notes     Balogun Fulani     Orisun Igbomina     General Hospital     Awoye     Durosinlohun Kawu     Agbarigidoma     Bilikisu Oniyangi     Bareke     Ilorin Durbar     Abubakar Aliagan     SSA Youth     Olatomiwa Williams     Lawal Jimoh     Islamic Development Bank     Ibrahim Oniye     Unicontinental Construction Company     Haliru Dantoro     New Nigeria People’s Party     Lafiagi     Mohammed Alabi Lawal     Kwara Poly     Idowu Laro     Aminat Ahmed     Joseph Bamigboye     Odolaye Aremu     Sodiya     Sidikat Uthman Ajibola     Moji Makanjuola     Jaiz Bank     Senior Special Assistant On Student Affairs     Wole Oke     Simeon Ajibola     Timothy Olatunde Fadipe     Kale Kawu     Ahmed Bayero     Kwara Coalition Of Business And Professional Associations     Owu Fall     Gbadeyan Gbadura Yomi     Mope Dasuki Belgore     April 11     Abdulrahman Abdulrazaq     Facemasks     Abdulkadir Bolakale Sakariyah     Jimoh Saadudeen Muhammed     Kwara South