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.

Sa\'adu Gambari     Student Learning Support Helpline     Yahaya Jibril Usman     Kolade Solagberu     CCB     AbdulRazaq Abubakar Jiddah     Ahmed Bolaji Nagode     Taofeek Ibraheem     Oyin-Zubair     Ilorin Likeminds Foundation     Oko-Erin     Ayotunde Emmanuel Alao     Shettima     Bureau Of Lands     Simeon Sule Ajibola     Elections     Bisi Kristien     Shuaib Jawondo     Amasa     Tsado Manman     Risikat Lawal     AGF Abdulrazaq     Tunji Folami     V.O. Abioye     Baba Issa     Osinbajo     Students Union Government     Talaka Parapo     Joseph Offorjama     Joana Nnazua Kolo     KWSUED     Olaiya Lawal     TETFUND     Saliu Alamoyo     Oloruntoyosi Thomas     Joshua Adeyemi Adimula     Theophilus Oyebiyi     Kamoru Kadiri     Turaki Of Ilorin     Saad Omo\'ya     Shonga     Abdulganiyu AbdulAzeez     Unilorin     Ope Saraki     IEDPU     Mohammed Danjuma     John Olajide Adedipe     Chemiroy Nigeria Limited     SSA Youth Engagement     Ganmo Power Sub-Station     New Nigeria People’s Party     Abdulmajeed Wahab     Bolaji Abdullahi     Alabe     Kaosarah Adeyi     Mohammed Yahaya Barki     Noah Yusuf     Tunji Moronfoye     Haruna Tambiri Mohammed     Yusuf Arowosaye     SUBEB     Sunday Otokiti     Adeleke Ogungbe     Nnazua     Riskat Opakunle     Babata     Nigerian Correctional Service     Goodluck Jonathan     Chief Imam Of Lafiagi     Moronfoye     Folajimi Aleshinloye     Minimum Wage     Shuaibu Yaman     SSA Youth     Ubandoma Of Ilorin     Oluranti Idowu     Ekiti    

Cloud Tag: What's trending

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

Opolo Global Innovation Limited     AbdulRazaq Abubakar Jiddah     Adisa Logun     Olatunji Ayeni     Afin Descendants Union Of Odo-Owa     Moses Rahman Popoola     CCB     Muhammad Fawaz Abubakar     Kawu Baraje     Local Government Pension Board     Okoolowo     Hydro-electric Power Producing Areas Development Commission     JMK Construction Company Limited     Garba Dogo     Aliyu Salihu     A.G.F Abdulrasaq     Kamaldeen Kehinde     Jawondo     Bio Ibrahim     Shuaib Jawondo     Gbenga Olawepo     Kwara-SAPZ Project     Dan-Kazeem     Mahmud Durosinlohun Atiku     MATTA Girls Foundation     Elerinjare     Amusement Park     Salary     Bahago     Abdulrasaq Alaro     Olusegun Adeniyi     Oke-opin     Simeon Sayomi     Frootify     Alloy Chukwuemeka     Bola Ahmed Tinubu     Facemasks     Kola Bukoye     Fatai Adeniyi Garba     KWTV     UNIFEMGA     Freshvine Nigeria Limited     Niyi Osundare     Samuel Olusegun Adedayo     Ahmad Belgore     TIIDELab     Mohammed Yahaya Barki     Hakeem Idris     Kale Bayero     ANCOPPS     Abubakar Aliagan     Yusuf Babatunde Abdulwahab     Tsaragi/Share     Age AbdulKareem     IYA ALFA NLA     ASUU     Mope Dasuki Belgore     M.Y. Abdulrahaman     College Of Education     Ahmad Olanrewaju Belgore     Okala Baba     Omupo     Kwara State Polytechnic     QuickWin     Akanji     IsDB     Mohammed Haruna     Abdulrahman Abdullahi Kayode     Shaykh Luqman Jimoh     Ilorin.Info     Sabo-Oke     Government High School Adeta     Lafiagi     Alabe     Wole Oke     KWASEIC     Olateju Lukman