Kwara gets $15m intravenous fluid manufacturing complex
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.
Taofeek Sanusi NAWOJ International Aviation College Olaosebikan Moses Afolayan Abdullahi Atanda Simeon Ajibola Atiku Abubakar Valsolar Olaiya Zuberu Moremi High School Kamaldeen Gambari Micheal Imoudu Arca Santa Mohammed Alabi Lawal 20 Billion Bond Oju Ekun Sarumi Ilorin Durbar Paul Olawoore Temitope Ogunbanke Odo-Owa Lanre Olosunde General Hospital Olatunde Oyeyiola Baba Issa Awoye Oniyangi Joseph Bamigboye Sulyman Atolagbe Alege Ola Falade Jeunkunu-Malete-Bani Ilorin Metro Park Mutawali Of Ilorin Bayo Onimago Tunde Kazeem Bola Ahmed Tinubu Saheed Popoola Afetu Of Alabe Lateef Alagbonsi Taofik Mustapha Yakubu Mohammed Abdullahi Sanitation Exercise Saad Omo Iya Bamidele Adegoke Aisha Gobir Salmon Babatunde Salmon Ubandoma Olabode Towoju Bolaji Aladie Mohammed Yahaya Barki Amos Justus Sayo Agbarigidoma Pategi Labaeka Mope Dasuki Belgore Kaosarah Adeyi Oro Grammar School Babaloja-General Igosun IHS Convocation Ceremonies Tanke Bashirat Bola Bello Abdullahi Biffo Salihu Yahaya Yahaya Seriki Gambari Sam Onile COVID-19 Palliatives Bayo Ojo Henry Makinwa Hijaab Moro Congress For National Consensus Bayer Nigeria Limited Soffiyyallah Kamaldeen Adesina Simon Sodiya Tunji Moronfoye Bello Bature

