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.

Trader Moni     Amina Susa\'a De Ahmed     Bisi Kristien     Eleyele     Kunle Akogun     Yoruba     Kwara Muslim Pilgrims Welfare Board     Gaa Olobi     David Oyerinola Adedunmoye     GRA     Olaitan Buraimoh     Assayomo     Abdullahi G. Mohammad     Adedipe     Kwara NIPR     Kwara Volleyball Association     Bolakale Ayo     Surajudeen Akanbi     Omar Gambari     Towobola Abdulrahman Toyin     Moses Salami     Yusuf Lanre Badmas     Ahmed Alhasssan     Federal Polytechnic Offa     Balogun-Ojomu     Alabi Olayemi Abdulrazak     Seun Bolaji     Yomi Ogunsola     Muhammad Akande Olarewaju Odunade     Ramadan     Bello Bature     Gbenga Awoyale     Idris Amosa Oladipo Saidu     IFK     Oyedun Juliana Funke     2023 Elections     Ilorin     Femtech     Issa Baba     Zulkifli Ibraheem     Samuel Elizabeth Keatswa     Kwara State Geographic Information Service     Oro Grammar School Old Students Association     Kola Olota     Senior Staff Union Of Colleges Of Education     Presidential Election     Mustapha AbdulGaniyu     Fulani     ARMTI     Abdulkarim Adisa     Ebun-Olu Adegboruwa     Old Oyo     Bayo Lawal     Bluenile Associates     Dapo Teni Nig Enterprise     Bola Magaji     COVID     Bolakale Kawu Agaka     Kwara Primary Health Care Development Agency     Ahmed Bayero     Ijagbo Health Centre     Akande Idowu Ayoola Muhammed     PPS     Ilorin General Hospital     Elese Of Igbaja     Awoye     Onilorin Of Ilorin     Yusuf Olaolu Ali     Suleiman Ajadi     Oko     Hajj     Garment Factory     Lanre Olosunde     Adamu Jemilat-Baki     Muhammad Toyin Sanusi     Moshood Kashimawo Abiola     Victor Gbenga Yusuf    

Cloud Tag: What's trending

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

Balogun Gambari     Saka Isau     KW-GIS     Federal College Of Education (Special), Afon     Dunmade     Baba-Isale     Razak Atunwa     Wasiu Onidugbe     Isapa     Adaramaja     Quareeb Islamic Association     Babaloja-General     20 Billion Bond     Apaokagi     Abdulrazak Shehu Akorede     Muslim Media Watch Group Of Nigeria     Salihu Alhaji Musa     Saudat Abdulbaqi     Mahee Abdulkadir     Solomon Edoja     Bursary     PharmAccess Foundation     Olukotun Of Ikotun     Photo News     Shonga     Royal FM     Abdulwaheed Musa     Oke-Ogun     Otuka     Ogidi-Oloje     Ajia-Bako     IESA     KWSUED     Mustapha AbdulGaniyu     Atunwa     Kwara Coalition Of Business And Professional Associations     TESCOM 2025     Niyi Ogundiran     Oke-Ode     Adesoye College     Akeem Lawal     IEDPU     Idris Garuba     Raimi Iyanda     Ilorin Water Reticulation     Alapado     Albert Ogunsola     Abdulazeez Uthman     Ilorin Innovation Hub     TIC     Igosun     Sidikat Akaje     Ayo Opadokun     Innocent Okoye     KWIRS     Abdulrasaq Alaro     Abdullahi Dasilva Yussuf     Ariyo     Okedare     Clara Nwachukwu     JAMB     Sobi Specialist Hospital     Ilorin East     Yeketi     Umar Adelodun     General Hospital, Ilorin     Elections     Bio Ibrahim     Kwara State Fish Farmers Association     Ayo Salami     Asa     Ileloke     Raliat AbdulRazaq     Moronfoye     Solomon Edojah     Aishatu Ahmed Gobir     Fawenu