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.

SDP     Zaratu Umar     Oba Abdulkadir La\'aro     Abubakar Baba Sulaiman     FERMA     AGM Professional Services     Mahmud Ayinla Giwa     Kazeem Adekanye     Valsolar-Kwara Company Limited     LABTOP     Ahmed Bayero     Olukotun Of Ikotun     Ado Ibrahim     Garba Ado Sanni     Kola Shittu     Kwara State Fish Farmers Association     CBT     Ophthalmological Society Of Nigeria     Abubakar Ndakene     Jimoh Akani     CCB     Temi Kolawole     Arandun     Tayo Awodiji     Durosinlohun Kawu     Olohungbebe     Kola Olota     Abubakar Bature Sulu-Gambari     Hamidu Olowo     Mohammed Tunde-Jimoh     Dauda Adeniran Adeshola     Abdulrazaq Solihudeen     Old Oyo     Lanre Badmas     Lanre Aremu     Ishaq Abdulkarim     Adamu Atta     Afolabi-Oshatimehin     Abdulwahab Oba     Onikijipa     Government High School Adeta     Vasolar Consortium     Toyin Abdullahi     Yahaya Jibril Usman     Olatunji Ibrahim     Abdulkadri Ahmad Alaiye     Gbenga Olawepo     Ope Saraki     Aishat Mohammed Lawal     Awoye     Gbugbu International Market     GAMA     Iyabo Dupe Adekeye     Share/Tsaragi     Muhammad Akande Olarewaju Odunade     Balogun Fulani     Alabi Olayemi Abdulrazak     Ojo Isekuse     Chemiroy Nigeria Limited     Yakubu Danladi     Earlyon Technologies     Adam Abdullahi Al-Ilory     Teachers Specific Allowance     Jelili Yusuf     KWASSIP     James Ayeni     Alfa Yahaya Road     Hussein Oloyede     Economic And Financial Crimes Commission     Muhammad Fawaz Abubakar     Shururat Olatinwo     Maigida Soludero Transit     Abdulmumini AbdulRazaq     Kwara Politics     Fawenu     Adamu B. Yaqubu     Lafiagi    

Cloud Tag: What's trending

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

Adijat Adebiyi     Oke Sunna     Maimunat Oloriegbe     Aliyu Muhammad Saifudeen     Babata     David Adesina     AbdulGafar Tosho     Ndakene     Radio Kwara     Alloy Chukwuemeka     Rasaq Jimoh     Alfa Modibo Belgore     Nigeria Governors\' Forum     Olaoye B. Felix     Senate     Lai Gobir     Oba-Solagberu     Hassan Oyeleke     Sulyman Buhari     Gamji Members Association     Hussein Oloyede     KWASAA     Aliyu Alhassan     Diagnostic Centre     Haliru Dantoro     Abdulkarim Adisa     Mufti Of Ilorin     David Oyepinola Adedumoye     Al-Hikmah Radio     Yakubu Danladi     Abdulmumini Jawondo     ANCOPPS     General Tunde Idiagbon International Airport Ilorin     Tsaragi/Share     Iyabo Adewuyi     Simeon Sayomi     Emir Of Lafiagi     Moshood Bakare     TESCOM     Matthew Okedare     Zara Umar     Iponrin     Ojuekun Sarumi     Ahmed Saidu Rufai     Bolakale Saka     AbdulGaniyu Kareem     Senate Presidency     Maryam Ado Bayero     Abdulquowiyu Olododo     Sulyman Tejidini     Hakeem Lawal     Abdullah Janet Amudat     Tunde Saad     Olaiya Zuberu     Olokoba     Aasiyat Bello Oyedepo     Col. Ibrahim Taiwo     Logun     Babajide Ajayi     Abdulwahab Oba     Oba David Oyerinola Adedunmoye     United Nigeria Congress Party     Olatunji Abdulmumeen     Mohammed Ajia Ibrahim     Bashirat Bola Bello     Yusuf Abdulwahab     Sulyman Abdulkareem     Esinniobiwa Quareeb     Ibrahim Jawondo     Muazam Nayaya     VADA     Funmilayo Zubair     Al-Ilory     Yahaya Abdulkareem Babaita     Muslim Media Watch Group Of Nigeria     Shao     Abdulganiy Abimbola Abdussalam