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.

Emir Of Yashikira     Adewuyi Funmilayo     Dunmade     Edret Sabi Abel     New Naira Notes     Unicontinental Construction Company     MalHub     Abdulrahman Abdulrasaq     KWASAA     Kwara Polytechnic     Omotosho     Haruna Tambiri Mohammed     Ilorin Curfew     Erin-ile     Rafiu Ibrahim     Wahab Abayawo     Nupe     Offa Poly     Oke Sunna     Muslimah Entrepreneurship Forum     Funmilayo Braithwaite     Ubandawaki     Olabanji Orilonishe     Yunus Oniboki     Shuaib Boni Aliyu     New Nigeria People’s Party     Kpotum Mohammed Baba     MINILS     Abiodun Oyedepo     AbdulRaheem Ahmad Shayi     Henry Olaosebikan     Sheikh Alimi     Toyin Abdullahi     Abdulkadri Ahmad Alaiye     Old Oyo     Abubakar Atiku     Ojuekun     Saka Abimbola Isau     Tunji Folami     Jaigbade Alao     Oyun     Bureau Of Lands     Oluronke Adeyemi     Ezekiel Yissa Benjamin     Arik     Segun Abifarin     20 Billion Bond     Economic And Financial Crimes Commission     Imodoye Writer’s Enclave     Vishvas KOZ Tractors     Kwara State Pension Board     Colleges Of Education Academic Staff Union     Olaiya Lawal     Kolawole Akande     Nigeria Customs Service     Abdullahi Adisa Akodudu     Y.A. Abdulkareem     Oye Tinuoye     Ahmed Shuaib Buranga     Ibrahim Akaje     Isiaka Rafiu Mope     Bolakale Kawu Agaka     Ope Saraki     Joseph Bamigboye     Olushola Saraki     Maryam A. Garuba     Ilorin South Constituency     Olaitan Adefila     Abdulrauf Aliyu     Kwara State Football Association     Bamidele Aluko     Christopher Odetunde     Baruten     NFAI     Magaji Erubu     Saliu Oluwole     TVC Female National Debate    

Cloud Tag: What's trending

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

Raliat Elelu-Habeeb     Akorede     Issa Baba     Adesoye College     Hamid Bobboyi     ENetSuD     Eruku     Esuwoye     Olabode George Towoju     Olaosebikan     CELF     Ola Falade     Logun     Balogun Gambari     Adesoye     Salman Suleiman     Akeem Lawal     Aliyu Muhammed     HYPPADEC     Kunbi Titiloye     Prince Sunday Fagbemi     Tayo Awodiji     Tanke Flyover Bridge     Abdulrazaq Solihudeen     Salary     Egbejila     Mutawali Of Ilorin     Moro     Eleja     Oyedun Juliana Funke     Abiodun Oyedepo     Oko-Olowo     Pakata     Ahmed Shuaib Buranga     Sulu Gambari     Rasheed Jimoh     Gbemi Saraki     Www.Kwarareports.com     Bello John Olanrewaju     NIPOGA     Lateef Alagbonsi     Dele Momodu     Vasolar     Balikis Jawondo     Rafiu Ibrahim     Amuda Aluko     Jelili Yusuf     Isau     Majlis For Sadaqah, Zakat And Waqf     Musa Abdullahi     Asiwaju Bola Tinubu     Abdulmajeed Abdullahi     Abdullahi G. Mohammad     Bio Ibrahim     Pilgrims Board     Ilorin West/Asa Federal Constituency     Abdullah Janet Amudat     Kamoru Kadiri     Oniyangi     Lawal Arinola Kudirat     Paul Odama     Mopelola Abdulmaliq-Bashir     Femi Agbaje     Senior Special Assistant On Student Affairs     Joseph Yemi Ajayi     Shehu Alimi Foundation For Peace And Development     Taofeek Ibraheem     Yusuf Zulu-Gambari     Oyun     Babatunde Idiagbon     Senior Staff Union Of Colleges Of Education     Danhawa     Prince Mahe Abdulkadir     Sunday Fagbemi     Olabimpe Olani     KSIRS     Niguel Gallando Marcias