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.

Nigerian Medical Association     Ilofa     Yahaya Jibril Usman     Saliu Ajia     Metro Park     VADA     SGBN     Ambassador Kayode Laro     Kwha.gov.ng     Yemi Sanni     College Of Education     Cassava Growers\' Association     General Tunde Idiagbon International Airport     Dagbalodo     Grillo     Bashir Omolaja Bolarinwa     Eghe Igbinehi     Abdulrahman Iliasu     Idiagbon     AGM Professional Services     JAMB     Yahaya Dumoye     Orire     Bolakale Kawu Agaka     Emmanuel Bello     Mustapha Akanbi     Zaratu Umar     Abdulfatai Ahmed     Bilikis Oladimeji     Saad Omo\'ya     Gbajabiamila     AbdulRazaq Abubakar Jiddah     Suleman Abubakar     Olayinka Are     Peter Amogbonjaye     Riskat Opakunle     Raliat Islamic Foundation     Ibrahim Oloriegbe     Mohammed Kamaludeen     Baba Issa     Kwara 2015     Ibrahim Abikan     Muhammad Akande Olarewaju Odunade     Alapado     11th Galadima     Binta Sulyman     Mahmud Babatunde Baker     Ahman Pategi     Salman Suleiman     Oluwatoyin Lukman     Harafat E. Mukadam     Hausa     Okanlawon Musa     Ilorin     Just Event Online     Sebastine Obasi     Olatomiwa Williams     Michael Nzwekwe     Smart School     Ajidagba     Edret Sabi Abel     Yusuf Mubarak     Saka Isau     Abdulrazaq Sanni     Oba Abdulkadir La\'aro     Vasolar Consultoria     Danhawa     Centre For Community Empowerment And Poverty Eradication     Rotimi Samuel Olujide     Olushola Saraki     Ganiyu Taofiq     Olatinwo     Abdullahi Dasilva Yussuf     Col. Adedipe     Noah Yusuf     Bashirat Bola Bello     Lithium Deposit    

Cloud Tag: What's trending

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

Gobir     AGF Abdulrazaq     Kisra     Kwara State Government     AbdulRaheem Ahmad Shayi     Oko-Olowo     Kawu     Oyun     Oke-opin     Agor Market     Bayo Onimago     Kamaldeen Gambari     Halidu Danbaba     Aasiyat Bello Oyedepo     TETFUND     Ogbondoroko     Sheikh Alimi     Waheed Ibrahim     IFK     Barakat Community Secondary School     Chief Of Staff     Saka Onimago     Abdulrahman Abdulrasaq     Shehu Adaramaja     Ojo Fadumila     Cornelius Adebayo     Umar Danladi Shero     Lanwa     Olota Of Odo-Owa     ASKOMP     Ademola Kiyesola     Bond     General Hospital, Offa     Cassava Growers\' Association     Twitter     Adamu Attah     Salihu Ajibola Ajia     School Of Nursing     Tuesday Assayomo     Ilesha-Gwanara     Oyeyemi Olasumbo Florence     Mumini Ishola Hanafi     Anilelerin     Omoniyi Ayinla     Omu Aran     JAAC     Kwara State Football Association     Bursary     Okasanmi Ajayi     CELF     Marufat Oladosu     IEDPU     AbdulQowiy Olododo     Okedare     SSUCOEN     Allocation     Centre For Peace And Strategic Studies     JSSCE     Muhammed Taofeeq Abdulrazaq     Kazeem Adekanye     2017 Budget     Moshood Bakare     Afeyin-Olukuta     Ibrahim Labaika     Offa Poly     Najim Yaasin     All Confederation Of Principals Of Secondary Schools     Ganmo     Charles Ibitoye     Baruten     TESCOM 2025     Sulu Babaita Isiaka     Abdulrahman Abdulrazaq     Third Estate     Unilorin FM     Ahman Pategi University     Prince Bola Ajibola