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.

Hamza Usman     Quareeb Islamic Association     Razak Atunwa     Bureau Of Lands     Tunji Olawuyi     Sobi Hill     Junior Secondary School Certificate Examinations     Samuel Adaramola     Okeose Christian Cementary     Saliu Ajia     Salman Suleiman     Mohammed Jimoh Faworaja     Mohammed Danjuma     Micheal Imoudu     Amuda Musbau     Plat Technologies Limited     IFK     EndSARS     Shuaib Abdulkadir     Toyin Falola     Saudat Abdulbaqi     Wahab Agbaje     Muhammad Akande Olarewaju Odunade     Chief Imam Of Lafiagi     Abdulmumini Sanni Jawondo     Javed Khan     Shade Omoniyi     Bello John Olanrewaju     Olabode George Towoju     All Confederation Of Principals Of Secondary Schools     Tuesday Assayomo     Volunteers Of Ilorin Community And The Emirate     Abdulkadir Remi Hawawu     John Olobayo     Esinrogunjo     Hassan Abdulazeez Elewu     Ijakadi     Wakilin Mata Lafiagi     Adedipe     Asa LGEA School     Kwara     Odogun Olushola Gabriel     Abubakar Lah     Muhammed Aliyu     Lasiele Alabi Yahaya     Coronavirus     General Hospital     Kisra     Muslim Cementary     Colleges Of Education Academic Staff Union     Olayinka Are     Amule     Tunde Akanbi     Lanre Badmus     Congress For National Consensus     Nigerian Supreme Council For Islamic Affairs     TETFUND     AbdulFatai Adeniyi Dan-Kazeem     Ahman Pategi     Ajakaye     Mahee Abdulkadir     Kwara Restoration Project     Tunji Folami     Aishatu Ahmed Gobir     Musibau Akanji     Reuben Paraje     Mamatu Abdullahi     AbdulRazaq AbduMajeed Alaro     Folashade Omoniyi     Oyun     Lateef Fagbemi     Dar-Al-Handasah Consultants     Tafidan Kaiama     Ubandoma     Gbenga Olawepo     Abdulraheem Yusuf     Muhammed Taofeeq Abdulrazaq    

Cloud Tag: What's trending

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

Nigerian Army     Yahaya Jibril Usman     Haliru Dantoro     Moshood Kashimawo Abiola     Oladimeji Thompson     Kumbi Titilope     Maryam Ado Bayero     Peter Amogbonjaye     Chief Of Staff     Ilorin Central Mosque     Earlyon Technologies     Yusuf Badmus     Chemiroy Nigeria Limited     Rasheed Jimoh     Jare Olatundun     Elections     Atiku Abubakar     Raheem Adaramaja     Elerinjare     Ajayi Okasanmi     Abdulquowiyu Olododo     Kamaldeen Gambari     Egbejila     Olatunde Michaels     Doyin Awoyale     Abdulrahman Abdulrasaq     Chief Imam Of Ilorin     Emir Of Ilorin     Alumni Association Of The Federal Polytechnic Offa     Boko Haram     Saraki     Mufutau Olatinwo     NNPP     Allocation     Academic Staff Union Of Universities     NULGE     Khairat Gwadabe     Lawan     Rapheal Ashaolu     Shade Omoniyi     Adegoke Bamidele     Wahab Issa     Wole Oke     Shaykh Luqman Jimoh     Mufutau Gbadamosi Esuwoye     Monthly Sanitation     Jelili Yusuf     IYA ALFA NLA     Monsurat Omotosho     Ahmed Alhasssan     Riskat Opakunle     Oja-Oba     Nigeria Foundation For Artificial Intelligence     CCB     Abdulmumini Sanni Jawondo     Sadiq Umar     Lola Olabayo     Rebecca Bake     Kale Kawu     Ajibola Ademola Julius     Share-Tsaragi     UITH     Yakubu Danladi     Borgu     All Peoples Party     Gbenga Olawepo     Dan-Kazeem     Afolabi-Oshatimehin Adenike Harriet     Kwara State Polytechnic     Kwara Basketball Association     Emir Of Yashikira     Abdulmumin Yinka Ajia     IEDPU     Ilorin Anchor Men And Women     Toyin Sanusi     Ajidagba     Ogidi-Oloje