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.

Abiodun Oyedepo     Ibikunle Ogunleye     ENetSuD     Ghali Muhammed     Ogidi-Oloje     Basic Education Certificate Examination     Gbugbu International Market     Shuaib Jawondo     Mustapha Akanbi     IESA     Ileloke     Babs Iwarere     CCEPE     Mohammed Abduraheem     Omar Gambari     Salihu Jibril Garbi     Aremu Bose Deborah     Ifelodun     Michael Nzekwe     Haliru Dantoro     Ishola Moses Abiodun     Yunus Oniboki     Raheem Adaramaja     Olayinka Jelili Yusuf     AbdulGafar Tosho     Suleiman Alege Kuranga     Yahaya Oloriegbe     Olosi Of Osi     John Dara     Olaiya Lawal     Raji Ayodele Kamaldeen     Yusuf Amuda Abubakar     Taofik Mustapha     Shoprite     ARMTI     Rebecca Olanrewaju     Eleja Taiwo Banu     Olaitan Adefila     Ita-Nmo Market     Ijagbo Health Centre     IQRA College     Kwara State Health Insurance Agency     Yakub Ali-Agan     Idofin     Garba Ado Sanni     Clement Yomi Adeboye     Kuliyan Geri     Kale Ayo     Christopher Ayeni     Kolawole Akande     Yusuf Lanre Badmas     Maryam A. Garuba     UNILORIN Alumni Association     Kehinde Boyede     Pakata Development Association     Bello John Olanrewaju     Aisha Abodunrin Ibrahim     Sodiya     NFAI     University Road     Nagode     Borgu     Ajibike Katibi     Abdulazeez Uthman     Damilola Yusuf     Goodluck Jonathan     Ayobola Ipinlaiye     Hassanat Bello     Sidikat Akaje     Ilesha Gwanara Road     Earlyon Technologies     Abubakar Lah     Owo Arugbo     Kudirat Arinola Lawal     Zulu Gambari     National Democratic Congress     IPSAS    

Cloud Tag: What's trending

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

Ramadhan     Elewu     Adedayo Yusuf Abdulkareem     AbdulRasaq Abdulmajeed Alaro     Olatunji Bamgbola     Rachael Obisesan     Kola Olota     Omoniyi Ayinla     Aisha Gobir     Labour Party     Mahmud Durosinlohun Atiku     Ibrahim Oloriegbe     Abdulkadir Orire     Ibrahim Agboola Gambari     Saudat Abdulbaqi     RTEAN     Vishvas KOZ Tractors     Raimi Iyanda     Oba Mogaji Abdulkadir     Lanwa     Bola Iyabo Ibiyeye Adisa     Kolawole Bashirat     Hussein Olokooba     Hydro-electric Power Producing Areas Development Commission     Ibrahim Akaje     General Hospital, Offa     Funmilayo Braithwaite     Folashade Omoniyi     Temi Kolawole     Ayobami Akanbi     Senate Presidency     Ilorin Amusement Park     Yahaya Dumoye     Samuel Olusegun Adedayo     Tunde Oyawoye     Senior Ibrahim Suleiman     Abiodun Musa Aibinu     Kwara State Health Insurance Agency     Barakat Community Secondary School     Aro Yahaya     Pakata     Haliru Dantoro     JUSUN     Kayode Yusuf     Mohammed Halidu     AGM Professional Services     Arca Santa     Kpotum Mohammed Baba     Nigerian Correctional Service     Ayoade Akinnibosun     Funmilayo Isiaka Oniwa     Isaac Gbenle     Jimba Babatunde     Ibrahim Labaika     Abdulrazak Shehu Akorede     Coalition Of Kwara North Groups     Saad Belgore     Sanitation Exercise     Emir Of Ilorin     CCB     National Information Technology Development Agency     Sa\'adu Salahu     Alabi Olayemi Abdulrazak     Transition Implementation Committee     Halidu Danbaba     Olatunde Olukoya     Bolakale Kawu Agaka     Ado Ibrahim     Okoolowo     Maryam Nurudeen     Dagbalodo     Iyiola Oyedepo     Muhammad Fawaz Abubakar     Oro Grammar School     Zaratu Umar     Tunde Yusuf     Isiaka Rafiu Mope