Kwara gets $15m intravenous fluid manufacturing complex
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.
Raliat Islamic Foundation Radio SBS Hydro-electric Power Producing Areas Development Commission Apaokagi Salmon Babatunde Salmon Toyin Abdullahi Ilorin West Idris Garba Prince Bola Ajibola Sabo-Oke Gbemi Saraki Bello Abubakar Ojuekun Sarumi Isiaka Gold KWAFFA Standard Organization Of Nigeria All Peoples Party Ishola Balogun Fulani Joseph Alex Offorjama ANCOPPS Ndakene Adaramaja Ubandoma IESA Oniyangi Kunle Sulaiman Adekunle David Dunmade Kaiama Funmilayo Oniwa IF-K Ibrahim Taiwo Road Olomu Azeez Salawu Elerinjare-Ibobo Benin Republic Ifelodun Aliyu Salihu Ilorin Like-Minds Muhammed Mahe Abdulkadir Kwara State Health Insurance Agency Ahmed \'Lateef 07039448763 IPSAS Kwara 2019 AbdulGaniyu Kareem Kazeem Adekanye CBT Osuwa Islamiya Abdulraheem Abdulwahab Ololele Okin Group Wahab Isa Maimunat Oloriegbe Lateef Alagbonsi Olufolake Abdulrazaq Oladimeji Thompson Umaru Saro Abubakar Ndakene Gbugbu CUTI Charles Ibitoye JAAC Hakeem Idris Habeeb Saidu Kisira JAMB Jamila Bio Ibrahim Sam Onile Aliyu Umar Mope Dasuki Belgore Abubakar Abdullahi Bata Akom Construction And Engineering Synergy Ltd Egbewole Kwara Basketball Association Kwara-SAPZ Project Sayomi NaAllah Quranic Recitation Competition

