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.

Raymond Olaitan     Saduki Lafiagi     Aishat Mohammed Lawal     CACOVID Palliatives     Bello Abubakar     KWSUED     Albert Ogunsola     Okanlawon Taiwo     Sam Okaula     Mohammed Danjuma     Muhammad Toyin Sanusi     Bayo Ojo     Arca Santa     Aso Ofi     Elerin Of Erin-Ile     Nigeria Foundation For Artificial Intelligence     Salman Suleiman     Centre For Peace And Strategic Studies     Salake     Ndakene     Shehu Raheem Adaramaja     Joana Nnazua Kolo     Gbenga Awoyale     Bashir Omolaja Bolarinwa     Abdulquowiyu Olododo     Al-Ilory     Amuda Musbau     MMWG     Ita-Nmo Market     College Of Education     Tsado Manman     Kwara Central     Abdulrasheed Lafia     ER-KANG Mining Nigeria Company Limited     Micheal Imodu-Ganmo Road     SUBEB     Elections     Busari Toyin Isiaka     Press Release     Turaki Of Ilorin     Peter Amogbonjaye     Yahaya Jibril Usman     Amuda Bembe     KWIRS     Ilorin Muslim Community     Donatus Ejidike     Ilorin Talaka Parapo (ITP)     Yusuf Amuda Abubakar     Post Utme     Offorjama     Aminat Omodara     Danladi     Okanlawon Musa     Basic Education Certificate Examination     Temi Kolawole     Wahab Agbaje     TIIDELab     Laboratory-to-Product     Saba Mamman Daniel     Bureau Of Lands     Kwara Politics     Saka Saadu     Abubakar Atiku     Durosinlohun Atiku     Muhammad Yahya     Sarah Alade     Haliru Dantoro     Olaiya Zuberu     2023 Elections     Jamiu Oyawoye     Farouk Salim     Kaosarah Adeyi     Salau Kabiru Abdullahi     Bolaji Abdullahi     Oba Mogaji Abdulkadir     Mahee Abdulkadir     Kwara NIPR    

Cloud Tag: What's trending

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

Adebayo Salami     IPSAS     Hydro-electric Power Producing Areas Development Commission     Code Of Conduct Tribunal     Oye Tinuoye     Kolawole Bashirat     Yusuf Arowosaye     Sheikh Ariyibi     Sango-UITH Road     Gbenga Adebayo     Muhammed Danjuma     Alaiye     Kwha.gov.ng     Babatunde Ishola Babaita     Kayode Laro     Toyin Olayinka Tejidini     Abubakar Olusola Saraki     Obayomi Azeez     Shettima     Adeniyi Ojo     Adaramaja     Peculiar Allowance     Allocation     Ilorin Talaka Parapo     Yoruba     Tanke     Lateef Fagbemi     Kupchi Hosea Maxwell     Unilorin FM     Yeketi     Quareeb     Temitope Ogunbanke     Aro Yahaya     University Road     David Oyedepo     Kehinde Baale     Mohammed Halidu     IF-K     Police Commissioner     Baruba     Ahmad Belgore     Plat Technologies Limited     Akeem Olatunji     Afonja Descendants Union     Yusuf Badmus     Post Utme     Kamaldeen Ajibade     Chemiroy Nigeria Limited     Idris Amosa Saidu     Abdullahi Saadudeen Alikinla     Kishira     Vasolar-Kwara Company Ltd     Usman Rifun     Awodun     Maryam Nurudeen     Oyedepo     Sola Saraki University     Saliu Ajia     Council Of The Wise     Kubra Kazum     Oluranti Idowu     Abiodun Oyedepo     Akeem Lawal     Mutawali     Oyun     Eleja Taiwo Banu     Eleja     Olanrewju Okanlawon Musa     Barakat Community Secondary School     Oloriegbe     Saba Mamman Daniel     Yaman     Joana Nnazua Kolo     Nigeria Computer Society     Okin Biscuits     Facemasks     Balogun-Ojomu