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.

Sabo-Oke     Talaka Parapo     Haashim Initiative For Community Advancement     ITEM 7     General Tunde Idiagbon International Airport Ilorin     Olugbense     Maimunat Oniyangi     Mustapha Akanbi     Olokoba     Bashiru Makama     Abubakar Abdullahi Bata     Voices Of Tomorrow     Read With Me     Lateef Fagbemi     Bola Olukoju     Oniyangi     Bello John Olanrewaju     Yomi Ogunsola     Saka Asiat Ayinke     Rachael Obisesan     Hydro-electric Power Producing Areas Development Commission     Aishatu Ahmed Gobir     Illyasu Abdullahi     Tayo Awodiji     Olushola Saraki     Moro     Shonga     Hakeem Idris     Fola Consultant     Leke Ogungbe     Oloje     Baba Isale     Igbomina     Kola Olota     Saheed Akinwumi     Ambassador Kayode Laro     Twitter     Ganiyu Abolarin     Yakubu Mohammed Abdullahi     Cornelius Adebayo     Bola Ahmed Tinubu     Ilorin Emirate     Sarafadeen Kayode Akorede     Yakubu Danladi     Alabere     IHS     Christopher Tunji Ayeni     AbdulRauf Keji     Saheed Popoola     Lanre Badmas     Tsado Manman     Bisi Oyeleke     Lanre Issa Onilu     Ishaq Salman     Fatima Abolore Jimoh     COEASU     Olokoba Abdullahi Ayinla     Olayinka Olaogun     Roheemat Hammed     Bola Sagaya     Abdulrasheed Akogun     Salmon Babatunde Salmon     Ajike People Support Centre     Muhammad Ghali Alaaya     Dumagi     Council Of The Wise     Oyin-Zubair     Forgo Battery     Saka Balikis Kehinde     Tunde Idiagbon Road     Alumni Association Of The Federal Polytechnic Offa     Halimah Perogi     Kwabes     GANZY     Femi Gbajabiamila     Aremu Bose Deborah     Abubakar Lah    

Cloud Tag: What's trending

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

Kwara State Health Insurance Agency     Abdulrahman Abdulrasak     Tanke Road     Mopelola Abdulmaliq-Bashir     Muhammad Toyin Sanusi     Oba Sulaiman Asude     Laolu Saraki     Alfa Modibbo Belgore     IF-K     KWASAA     Saad Omo Iya     Funmi Salau     Gwanara     Vasolar     Facebook     Habeeb Saidu     Mohammed Saidu     ITP     Abdulraheem Yusuf     Gaa Olobi     Oko-Erin     Kwara Liberation Group     Moses Adekanye     Khairat Gwadabe     Ministry Of Women Affairs And Social Development     Chief Imam Of Offa     Bio Ibrahim     Oba Abdulraheem     Titus Ashaolu     Tunde Oyawoye     Crystal Corner Shops     Mufutau Gbadamosi Esuwoye     Paul Olawoore     Minister     Sobi Hill     Shonga     Fareedah Dankaka     Chief Of Staff     Amoyo     Kale Ayo     N-Power     Yakubu Gobir     Shaaba Lafiagi     Alabe     Esinrogunjo     Alapado     Yomi Adeboye     Okin Biscuit     Durbar Festival     Ibrahim Oniye     Arca Santa     Yakub Ali-Agan     Kale Belgore     Gamji Members Association     Ojuekun Sarumi     Khadijat Ayoola Yusuf     Olabode Towoju     Abdulrasheed Na\'Allah     Donatus Ejidike     Young Progressives Party     Olanrewju Okanlawon Musa     Ayedun     Yusuf Badmus     Babatunde Ajeigbe     Oko Erin     Federal Neuro-Psychiatric Hospital     Amada Jidda     Bola Olukoju     Bola Magaji     Turaki Of Ilorin     Salau Kabiru Abdullahi     Suleiman Alege Kuranga     MMWG     Kamaldeen Ajibade     Folorunsho Alao     Abdulbaqi Jimoh     AbdulGafar Tosho