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.

Omoniyi     Kwara Metro Park     Tunji Olawuyi     Samuel Olusegun Adedayo     Abdulrazaq Akorede     Ajakaye     Labour Party     Senior Special Assistant On Student Affairs     Saad Omo Iya     Tafida     Ademola Kiyesola     Gbenga Olawepo     Tunde Akanbi     Lateef Ademola Olatunji     Local Government     Ophthalmological Society Of Nigeria     Ashiru     Abdullahi Adisa Akodudu     SSA Youth Engagement     David Adesina     IHS     Babatunde Ishola Babaita     Onilu     Kayode Oyin Zubair     Pacify Labs     Kwara State Football Association     Omotoso Musa     Majlis For Sadakah, Zakat And Waqf     NULGE     Waheed Ibrahim     Binta Abubakar-Mora     Yomi Ogunsola     Tayo Alao     Mary Kemi Adeosun     Ilorin South Constituency     Plat Technologies     Special Adviser On Digital Innovation     Okiki     Shettima Of Ilorin     Kwarareports.com     Ballah     Akeem Lawal     Innocent Okoye     Yusuf Abdulwahab     Ita-Ore     Photo News     Olaiya Zuberu     Afetu Of Alabe     Bello John Olanrewaju     Kemi Adeosun     Saliu Mustapha     Abdulmumini Jawondo     Saka Adeyemo     Kwara Hotel     Ilesha-Baruba-Gwanara     Olusin Of Ijara Isin     Halimat Yusuf     Alore     Aisha Gobir     Abdulmumini AbdulRazaq     Aliyu Muhammed     Mohammed Khadijat Kubura     Olohungbebe     Theophilus Oyebiyi     Olusegun Adeniyi     JUSUN     Kwara Polytechnic     AbdulRahman Saad     Lithium     Oba David Oyerinola Adedunmoye     Halidu Danbaba     Obuh     Facemasks     Harrison Osauwagboe     Isiaka Yusuf     Mashood Abdulrafiu Agboola     ASMAU PLAZA    

Cloud Tag: What's trending

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

Shaaba Lafiagi     ITEM 7     Haliru Dantoro     GGDSS Pakata     Split Diamond Interchange     Nurudeen Muhammed     Air Peace     Abdullahi Samari     Kwara University Of Education     Umar Gunu     Mumini Ishola Hanafi     Kale Ayo     Shehu Adaramaja     Muhammadu Gobir     Congress For National Consensus     Oke-Kura     Afolabi-Oshatimehin Adenike Harriet     CELF     Emir Of Shonga     Segun Abifarin     Alaiye     Olawuyi     Okin Biscuit     Razak Atunwa     Obuh     AbdulGafar Tosho     Damilola Yusuf     Yakubu Shaaba     Olateju Lukman     Law School Scholarship     Afin Descendants Union Of Odo-Owa     Al-Hikmah University     Jani Ibrahim     Olukotun Of Ikotun     Sulyman Atolagbe Alege     Salman Jawondo     Kayode Oyin Zubair     Sulyman Abdulkareem     Samari     Abdulrazak Shehu Akorede     Charcoal     Marufat Oladosu     Kemi Adeosun     Mahmud Ajeigbe     Raji AbdulRasaq     Abubakar Abdullahi Bata     Oniyangi     Bashir Badawi     Olayinka Are     Bashir Adigun     NULGE     SSA Youth     Ayinde Oyepitan     Olokoba Sulyman     Moshood Bakare     KW-GIS     Saka Asiat Ayinke     Olabode George Towoju     Akume     March 28     Yusuf Amuda Abubakar     Ahmed Bolaji Nagode     Kunle Okeowo     Abdullah Janet Amudat     Sunset Workers     Hakeem Idris     Abegunde Goke     Ajikobi     Mukhtar Shagaya     Javed Khan     Olota Of Odo-Owa     Okala Baba     Ilofa     Suleiman Abubakar     Abdullahi G. Mohammad     Col. Ibrahim Taiwo     Kwara State Pension Board