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.

Ezekiel Yissa Benjamin     Aminat Ahmed     Olusegun Adeniyi     Arik     Junior Secondary School Certificate Examinations     Busari Alabi Alausa     NFAI     Osi     Universal Basic Education Commission     AbdulRazaq Jiddah     Yusuf AbdulRasheed     John Dara     Gbugbu International Market     Fatimat Saliu     Sa\'adu Salau     Sabo-Oke     Hijaab     Kulende-UITH     Ojuekun Sarumi     Usman Rifun     Olubukola Kifayat Adedeji     Ethical College     Coronavirus     Abdulrazaq Akorede     Y.A. Abdulkareem     Adolescent Girls Initiative For Learning And Empowerment     NIRSAL     Saraki     Shaykh Luqman Jimoh     Dan Iya Of Ilorin     Hamza Usman     Bareke     Alfa Yahaya Road     Adedayo Yusuf Abdulkareem     Iyabo Dupe Adekeye     Kwara Central     Umar Adelodun     Mutawali     Prince Sunday Fagbemi     Kwara-SAPZ Project     Iyabo Adewuyi     Samuel Olusegun Adedayo     Moronfoye     Unilorin FM     Issa Manzuma     Kwara Restoration Project     Olatunji Bamgbola     Special Agro-Industrial Hub     Kwara Hotel     Noah Yusuf     Jumoke F. Ajao     Sayomi     NURTW     Ilorin South     Malete     Eleyele     Kayode Issa     Kubra Kazum     Salami Adekunle     Zulu Gambari     Nurudeen Muhammed     Oko-Olowo     Neo Mundo Ltd     Christopher Ayeni     Habeeb Saidu     AbdulGaniyu Kareem     Mujtabah Bature     Mamman Saba Jibril     Folaranmi Aro     Olayinka Jelili Yusuf     John Obuh     Dar-Al-Handasah Consultants     Abdul-Rahoof Bello     Kazeem Oladepo     Afonja     Isapa     Funke Adedoyin    

Cloud Tag: What's trending

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

SDP     Isaac Gbenle     Yusuf Ibitokun Sherifat     Damilola Yusuf Adelodun     Isiaka Abdulrazak     Yahaya Oloriegbe     Ahmad Olayiwola Kamaldeen     Justina Oha     Sanusi Abubakar     Presidential Election     Ronke Adeyemi     General Hospital, Ilorin     Hajj     Alikinla     International Aviation College     Michael Ologundea     Logun     Bola Tinubu     Durosinlohun Kawu     Apata Ajele Secondary School     Kolawole Akande     Mohammed Abduraheem     Lawyers Unite Against Corruption     Umar Saro     ITEM 7     Saadu Gbogbo Iwe     Ahmed Ayinla Jimoh     Bamidele Adegoke     Tunji Arosanyin     Raliat AbdulRazaq     Tafida Of Ilorin     Sulaiman Gado     JAMB     Charles Ibitoye     Ilota     Sheikh Ridhwanullah El-ilory     Sherif Sagaya     Kassim Babamale     Haliru Yahaya     Rasheed Jimoh     Ndakene     Suraj Tunji Oyewale     Joseph Yemi Ajayi     GRA     Ajike People Support Centre     Haruna Tambiri Mohammed     Ishola Abdullahi     Ilorin Likeminds Foundation     Ilorin General Hospital     Veterinary Teaching Hospital     Societe Generale Bank Of Nigeria     Okedare     Yahaya A Paniyaro     Ndama Al-hassan     Hameed Oladipupo Ali     Yemi Sanni     Irepodun     Mohammed Ghali Alaaya     AbdulRazaq Abubakar Jiddah     Lawan     Abdullahi Biffo     Saka Abimbola Isau     Kayode Ibrahim     United Nigeria Airline     Hassan A. Saliu     Halimah Perogi     Zaratu Umar     Olosi Of Osi     Fola Consultant     Post Utme     Bayo Ajia     Federal Neuro-Psychiatric Hospital     Elerin Of Erin-Ile     Salake     Opobiyi     Vishvas KOZ Tractors     Kumbi Titilope