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     Yemi Osinbajo     Oko     Aliyu Alhassan     IYA ALFA NLA     Timothy Akangbe     Seed Technologies     Garment Factory     Edu     Olofa Of Offa     Yusuf Abdulwahab     Okin High School     AbdulRazaq Abubakar Jiddah     Abdulmajeed Abdullahi     Iponrin     Monthly Sanitation Exercise     FOMWAN     Haruna Tambiri Mohammed     Susan Modupe Oluwole     Yomi Adeboye     Suleiman Mora Omar     Funke Adedoyin     Universal Basic Education Commission     Eruku     Oro Grammar School     Idris Garuba     Local Government     Adebara     Shoprite     Olabode George Towoju     Nigerian Correctional Service     Dauda Adesola     Adeniyi Ojo     Yusuf AbdulRasheed     Kannike     AbdulRazaq AbduMajeed Alaro     Chief Imam Of Offa     Tayo Awodiji     Kassim Babamale     Paul Odama     Yusuf Amuda Aluko     Musa Ayinla Yeketi     Lawyers Unite Against Corruption     Salihu Alhaji Musa     Edret Sabi Abel     NFAI     Ubandoma Of Ilorin     Kolade Solagberu     Kwarareports     Mustapha AbdulGaniyu     Damilola Yusuf     Kaosarah Adeyi     Saliu Ajibola Ajia     Owo Isowo     Segun Abifarin     Bello Bature     Standard Organization Of Nigeria     Alabere     Ilorin West     Timothy Olatunde Fadipe     Yomi Ogunsola     Ayinde Oki     Muftau Akanbi Oke     Ibrahim Akaje     Rasaq Jimoh     Olufolake Abdulrazaq     Adesoye College     Aliyu Adebayo     Olatunji Ibrahim     Kwara Hotel     Patience Jonathan     Olatunde Michaels     Afolayan     S.O. Opowoye     Yusuf Mubarak     Jimoh Akani     Ahmad Belgore    

Cloud Tag: What's trending

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

Muhammad Yahya     Idris Amosa Saidu     Roheemat Hammed     Ahmed Dankaya     COEASU     Jebba     All Confederation Of Principals Of Secondary Schools     Arca Santa     Wahab Issa     2023 Elections     Tosho Yaqub     ITP     Esinrogunjo     Share-Tsaragi     Sheikh Ariyibi     School Of Nursing     Olateju Lukman     KWASEIC     Aasiyat Bello Oyedepo     Hydroelectric Power Producing Areas Development Commission     GANZY     Pategi     Idowu Aremu     Razak Atunwa     James Ayeni     Kuliyan Geri     Jide Oyinloye     Alaaya     Ilorin Water Reticulation     AGILE Programme     Tanke     Mashood Abdulrafiu Agboola     SUBEB     Dele Belgore     Oju Ekun Sarumi     Saadu Gbogbo Iwe     Mohammed Khadijat Kubura     RTEAN     Saba Mamman Daniel     Elerin Of Adanla     Akume     Computer Based Test     Cornelius Adebayo     Joana Nnazua Kolo     Abdulrauf Yusuf     Orisun Igbomina     Olayinka Oladapo Jogunola     Jumoke F. Ajao     Aliyu Kora Sabi     Baba-Isale     AbdulHamid Adi     Olatinwo     Sunset Workers     Apado     Kwara State Government     Oke Sunna     Otoge     Segun Adeniyi     Durosinlohun Atiku     Nigerian Correctional Service     Hausa     LAK Jimoh     Toyin Saraki     Mufutau Olatinwo     Bisi Oyeleke     Ethical College     Bayo Mohammed Onimode     Taofeek Ibraheem     Oyeyemi Olasumbo Florence     Onilorin Of Ilorin     KWASAA     Yahya Mohammed     Abikan     Harmony Holdings     Yusuf Lanre Badmas     Jimoh Bashir     Diagnostic Centre