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.

Simeon Sayomi     Usman Yunusa     Yusuf Abubakar     Vasolar-Kwara Company Ltd     Yahaya Oloriegbe     Sai Kayi     Olaitan Adefila     Bursary     Emir Of Shonga     Kayode Zubair     Offa Descendants Union     Edu     Khadijat Ayoola Yusuf     Abiodun Abdulkareem     Maigidasanma     Garba Dogo     NIPOGA     Mohammed Danjuma     Mahmud Ayinla Giwa     Aremu Bose Deborah     Sherif Sagaya     Bello Taoheed Abubakar     Saraki     Oloriegbe     Asa LGEA School     Alabe     Aliyu Muhammed     Najim Yaasin     Coalition Of Kwara North Groups     Abdulkadir Jimoh     Lawal Olohungbebe     Neo Mundo Ltd     Mohammed Katsina Ahmed     Saba Mamman Daniel     Bolakale Saka     John Mayokun Dada     JAMB     Reuben Paraje     Joseph Yemi Ajayi     Noah Yusuf     Biliaminu Aliu     Abdulmutalib Shittu     Moremi High School     Nigerian Medical Association     Mutawali     Abubakar Usman Jos     Abubakar B.M     Olaiya Lawal     Tafidan Kaiama     Rueben Parejo     Post Utme     Saadu Alanamu     HAMFAT Clinic And Maternity     Timothy Akangbe     Facemasks     Y.A. Abdulkareem     Amina Susa\'a De Ahmed     Wale Oladepo     Tanke Flyover Bridge     Dan Iya Of Ilorin     Standard Organization Of Nigeria     Ambassador Kayode Laro     Issa Manzuma     Ohoro Of Shao     Kwara Pdp     TESCOM     Ebola     Jimoh Lambe Abdulkareem     National Association Of Nigerian Students     April 11     Tunji Arosanyin     Kwara United     Gabriel Fashanu     Bamidele Adegoke Oladimeji     Makama Of Ilorin     John Kehinde Salako     Jimoh Bashir    

Cloud Tag: What's trending

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

Salman Suleiman     Tunji Ajanaku     Lasiele Alabi Yahaya     Yahaya Dumoye     Muhammadu Gobir     Ahmed Mohammed Rifun     Al-Adaby     Raliat Islamic Foundation     Yakubu Mohammed Abdullahi     Dele Momodu     Habeeb Saidu     Gamji Members Association     Dasuki Belgore     Omupo     HICA     Omotoso     Press Release     Muazam Nayaya     Sunday Otokiti     Olam Food Ingredients     Lai Gobir     Aliyu Kora-Sabi     Muhammadu Buhari     Moses Rahman Popoola     Buari Edun     Galadiman Ngeri     Bashirat Bola Bello     Bolakale Saka     Rotimi Samuel Olujide     Yoruba     Raimi Iyanda     Shaaba Lafiagi     Alabi Olayemi Abdulrazak     Afolasade Opeyemi Kemi     Kwara State Television (KWTV)     Shonga Farm Project     M.Y. Abdulrahaman     Tunde Yusuf     Onikijipa     Jamila Bio Ibrahim     Charcoal     Binta Abubakar Mora     Fatimat Saliu     Omu Aran     Minister     College Of Education     AbdulGaniyu Kareem     Al-Hikmah University     Malete     Tunde Mukaila Mustapha     Bahago     Okoolowo     March 28     Ado Bayero     Ilorin South     Dauda Adeniran Adeshola     Adeola Abraham     Mumini Ishola Hanafi     Quareeb Islamic Association     Simeon Ajibola     Raliat Elelu-Habeeb     Federal Allocation     ENetSuD     Michael Nzekwe     Ayeyemi Sulaiman     Oko     Ilorin Curfew     Suleman Abubakar     Amuda Musbau     Bello Oyedepo     Moses Adekanye     Kulende     Admiralty Villa     Sadiq Umar     JAMB     Kwara State Fire Service     Sabi