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.

Abdullahi Adisa Akodudu     Is\'haq Modibbo Kawu     QuickWin     Cornelius Fawenu     Twitter     Oyin-Zubair     Bio Ibrahim     Oba Abdulraheem     Musa Alhassan Buge     Iyiola Oyedepo     Amina Susa\'a De Ahmed     Afonja     Okin Group     Oloje     Sulyman Abdulkareem     Saidu Kawu     Omotoso Musa     Matthew Okedare     Wahab Egbewole     Olayinka Jelili Yusuf     Joana Nnazua Kolo     Sun Qing Rong     Hikmah AbdulKareem     Tafidan Kaiama     Fatai Olodo     Pakata Patriots     Simon Sayomi     Student Learning Support Helpline     Olabimpe Olani     Raliat Elelu-Habeeb     Asa LGEA School     Mumini Ishola Hanafi     Ishaq Abdulkarim     Tsaragi-Share     Ronke Adeyemi     Ahmad Lawan     Ifelodun     Aremu Odolaye     New Model Police Station     Budo-Egba     Akume     Oluwatoyin Lukman     Bolaji Abdullahi     Moses Adekanye     Kayode Alabi     Lawal Olohungbebe     Nigerian Army     Economic And Financial Crimes Commission     Agor Market     Ramadhan     Bashirat Bola Bello     Omupo     Ministry Of Women Affairs And Social Development     Mukhtar Shagaya     Pakata Development Association     Ibrahim Agboola Gambari     Bamidele Aluko     Oke-opin     Aso Ofi     Igbaja     Omu Aran     Rotimi Samuel Olujide     Millennium Development Goals     Isa Aremu     Hussein Olokooba     SGBN     Isapa     GGDSS Pakata     Just Event Online     Olatunji Moronfoye     IDPU     Bayo Mohammed Onimode     Offa     The Herald     Tunde Oyawoye     Amada Jidda     Falokun-Oja    

Cloud Tag: What's trending

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

Ahman Patigi     Yashikira     Yusuf Lanre Badmus     Tunde Akanbi     Hameed Oladipupo Ali     Waheed Ibrahim     Ajibola Ademola Julius     Wahab Femi Agbaje     Sarakite     Sobi Specialist Hospital     Olayinka Olaogun     Laduba     Kunle Akogun     Iqra Books     Post Utme     ASMAU PLAZA     TIC     Saadu Yusuf     Abdulrosheed Okiki     Damilola Yusuf     John Obuh     Mahmud Ayinla Giwa     Mahee Abdulkadir     Student Learning Support Helpline     Valsolar-Kwara Company Limited     NTA Ilorin     Baba Issa     Galland Marcias     Mahmud Durosinlohun Atiku     Adegoke Bamidele     Michael Nzwekwe     Afolasade Opeyemi Kemi     TESCOM 2025     Aliyu Kora-Sabi     Diagnostic Centre     Kwara     Abdulrauf Aliyu     Bolakale Ayo     Joshua Adeyemi Adimula     Rachael Obisesan     Nagode     Twitter     Goodluck Jonathan     NULGE     Taiwo Joseph     AbdulKareem Yusuf Danhawa     Jumoke Monsura Gafar     Wahab Issa     Oasis Muslim Care Foundation     Bola Ahmed Tinubu     Mohammed Kamaludeen     University Road     Sheriff Olanrewaju     Yoonus Kola Olatinwo     Owode Market     Irepodun     Congress For National Consensus     Gbajabiamila     Olusola Saraki     Oba Abu     Ali Ahmad     Lasiele Alabi Yahaya     Abdulkadir Akanbi-Oke     Raymond Olaitan     Ayo Salami     Laboratory-to-Product     Aliyu Muhammed     Sam Onile     Guber Aspirant     KWTV     Ijagbo Health Centre     Public Holiday     Yunus Oniboki     Akom Construction And Engineering Synergy Ltd     Sayomi     Gobir     Fatai Olodo