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.

Maimunat Oloriegbe     Lai Mohammed     Ilorin Emirate Staff Association     Minimum Wage     Chikanda     Jide Ashonibare     CLAY POT     Yahaya Muhammad     Razaq Ayobami Akanbi     Aishat Sulu-Gambari     Maryam Nurudeen     Saka Aleshinloye     Ebola     Gbemisola Saraki     Samuel Adaramola     Ronke Adeyemi     Sadiq Umar     Abdulmutalib Shittu     Rice Farmers Association Of Nigeria     Afolasade Opeyemi Kemi     Atiku Abubakar     Arinola Lawal     Moses Afolayan     Lasiele Alabi Yahaya     NSCIA     Marufat Oladosu     Illyasu Abdullahi     AbdulRahman Saad     Na\'Allah     Abdulrauf Aliyu     Aliyu Adebayo     Yoonus Kola Olatinwo     Societe Generale Bank Of Nigeria     Jumoke F. Ajao     Saka Balikis Kehinde     Opaleke Bukola Iyabo     Falokun-Oja     Olatunde Jare     Gbenga Adebayo     Wakilin Mata Lafiagi     Ghali Muhammed     Waziri Yakubu Gobir     Mohammed Halidu     First Lady     Facemasks     Boko Haram     Otoge     National Party Of Nigeria     Ajeigbe     Tunji Ajanaku     Solomon Edoja     Ayoade Akinnibosun     Pakata Development Association     Olokoba Abdullahi Ayinla     Kola Adesina     Ilorin West/Asa Federal Constituency     Abdulrasheed Na\'Allah     Adesoye College     Damilola Yusuf Adelodun     Salihu S. Yaru     Ghali Alaaya     Abdulrahman Abdulrasak     Ahmed Shuaib Buranga     Lawan     Kpotum Mohammed Baba     Mahmud Ayinla Giwa     Haruna Tambiri Mohammed     SAPZ Project     Danhawa     Ilota     Durbar Festival     Just Law Forum     Olayinka Are     Ishak Mohammed Sabi     Toyin Abdullahi     PAACO-PCL Consortium     Muslimah Entrepreneurship Forum    

Cloud Tag: What's trending

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

Oyawoye     Shagari     Mashood Dauda     Sarah Alade     Bashir Omolaja Bolarinwa     Teachers Specific Allowance     Ado Ibrahim     Sulyman Age AbdulKareem     Kwara Coalition Of Business And Professional Associations     Bankole Omishore     M.Y. Abdulrahaman     Smart School     Emir Of Yashikira     Emir Of Shonga     A.E. Afolabi     Twitter     International Public Sector Accounting Standards     AbdulKareem Yusuf Danhawa     Abdulwahab Ololele     John Mayokun Dada     Obuh     Ibrahim Abduquadri Abikan     Oke-opin     KW-GIS     Erubu     High Court     ITP     Yakubu Mohammed Abdullahi     Umar Gunu     Emir Of Kano     Code Of Conduct Bureau     Law School Scholarship     MAI Akande     Olushola Saraki     Suleiman Mora Omar     Prince Sunday Fagbemi     Tescom.kwarastate.gov.ng     Ibrahim Mohammed     Sulu Gambari     Post-utme     Tsaragi-Share     Road Transport Employers Association Of Nigeria     Ahmed Ayinla Jimoh     Segun Adeniyi     Kwara State Sports Commission     Hassan Abdulazeez Elewu     PharmAccess Foundation     Lanre Issa Onilu     Federal Polytechnic Offa     Shola Odetundun     Code Of Conduct     Hakeem Idris     Shuaibu Yaman Abdullahi     Owo Arugbo     Apata Ajele Secondary School     Abdulmumin Yinka Ajia     Markaz Arabic And Islamic Training Institute, Agege     Saka Adeyemo     Saeedat Aliyu     Abdulrasheed Lafia     Bluenile Associates     Ilorin     Doyin Awoyale     Shehu Salau     Salau Kabiru Abdullahi     Adeniyi Ojo     Summit University     Ajikobi     Ahman Pategi     Omotoso     Balogun Gambari     CCT     Kayode Zubair     Isiaka Alikinla     3MTT     Oke-Odo     Ahmed Saidu Rufai