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.

Lola Ashiru     Alanamu     David Adesina     Michael Imoudu National Institute For Labour Studies     Ministry Of Women Affairs And Social Development     Erubu     TESCOM 2025     Oluranti Idowu     Abdul-Rahoof Bello     Baba Issa Awoye     Kayode Zubair     Third Estate     Omotoso Musa     Folorunsho Erubu     All Peoples Party     Vishvas KOZ Tractors     Senior Staff Union Of Colleges Of Education     NIPOGA     Abdulsalam A. Yusuf     Christopher Odetunde     Muhammed Danjuma     Christopher Tunji Ayeni     Ilorin Talaka Parapo (ITP)     John Dara     Elelu     Gbenga Awoyale     Amuda Aluko     Yashikira     Lateef Ademola Olatunji     Owo Arugbo     NURTW     Okala Baba     KWACOBPA     Titus Ashaolu     JSSCE     Garment Factory     Issa Baba     Abdulrasheed Lafia     ANCOPPS     Abdul Jimoh Mohammed     Idris Garba     Adamu Attah     Sulu Babaita Isiaka     Countryside Emerging Leaders Fellowship     Muhammadu Gobir     Mary Kemi Adeosun     Baba Issa     Adebara     Dogara     Sarah Jubril     Turaki     Lola Olabayo     HYPPADEC     Tosin Saraki     Aro Yahaya     Jide Oyinloye     Owu Fall     Yaman     Haruna Tambiri Mohammed     Isiaka Saka Opobiyi     Saidu Yaro Musa     Rashidi Yekini     Volunteers Of Ilorin Community And The Emirate     Galadiman Ngeri     Makama Of Kaiama     Abdulhakeem Amao     Quareeb Islamic Association     Ronke Adeyemi     Alimi     SWAN     Isiaka Rafiu Mope     Tanke Flyover Bridge     Lanre Badmus     Rotimi Samuel Olujide     Unicontinental Construction Company     Centre For Community Empowerment And Poverty Eradication     Afeyin-Olukuta    

Cloud Tag: What's trending

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

LABTOP     Javed Khan     Bankole Omisore     Communication Network Support Services     Folaranmi Aro     Yahaya Jibril Usman     Ilofa     Bola Sagaya     Federal College Of Education (Special), Afon     Abdulmumin Yinka Ajia     Baba Idris     Chief Of Staff     Kwara Pdp     Oloje     Senate Presidency     Muhammad Fawaz Abubakar     Balogun-Ojomu     Ayo Adeyemi     Bolaji Gambari     Baba Issa Awoye     Tunde Idiagbon Road     EFCC     LEAH Charity Foundation     Danhawa     Azeez Bello     Ibrahim Mohammed     Shade Omoniyi     Islamiya Abdulraheem     Moses Rahman Popoola     Sunset Workers     Muslim Cementary     Chartered Institute Of Personnel Management Of Nigeria     Christopher Ayeni     Micheal Imodu-Ganmo Road     Jimoh Lambe Abdulkareem     Kwara 2019     Issa Oloruntogun     Babatunde Ishola Babaita     Funmi Salau     Rihanat Ajia     Bisi Oyeleke     Mohammed Lawal     Afolayan     Iyeru Grammar School     Sam Onile     Zainab Abass     Oyelere Oyinloye     Kehinde Boyede     TESCOM 2025     Pategi     Col. Adedipe     Tunji Moronfoye     Mohammed Kamaludeen     Taofik Mustapha     Admiralty Villa     Alikinla     Aisha Buhari     Ganmo     Gobir     Tunde Yusuf     Siraj Oyewale     Trader Moni     Aminu Adisa Logun     3MTT     IPSAS     Lanre Badmus     Women For Change And Development Initiative     Yunus Lawal     Aishat Sulu-Gambari     Dankaka     Elelu     Ambassador Kayode Laro     Maja     Elese Of Igbaja     Bashir Adigun     Saad Omo Iya     Tsaragi-Share