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.
Ilorin General Hospital Kale Ayo Moses Rahman Popoola Oke-Ode Bamidele Aluko Raliat AbdulRazaq Adeniyi Ojo Okeose Christian Cementary Christopher Odetunde Illyasu Abdullahi Bankole Omisore Ojuekun Sarumi Umar Adelodun MMWG HAMFAT Clinic And Maternity Kwara University Of Education Omoniyi Ayinla Maryam Ado Bayero Offa Poly Summit University LABTOP Kwara Coalition Of Business And Professional Associations PAACO-PCL Consortium Okin Biscuit Ilesha-Gwanara Imodoye Writer’s Enclave Ajikobi Oko-Olowo Muideen Olaniyi Alalade Aliyu Muhammed Allocation Iyabo Adewuyi Muhammed Aliyu Ambassador Kayode Laro Amule Elementary School Hamza Usman Alumni Association Of The Federal Polytechnic Offa Arinola Fatimoh Lawal Yakubu Shaaba Naira Redesign Kwara State Pension Board Moji Makanjuola Nigerian Medical Association Oluranti Idowu Tunji Folami Salman Alada Federal College Of Education (Special), Afon Aminu Adisa Logun Adebayo Mohammed Kamaldeen Siddiq Adebayo Idowu Salawu AGILE Programme Mopelola Abdulmaliq-Bashir KWACOBPA Yakubu Dogara Abubakar Lah Ayo Salami Wahab Isa Olatunde Michaels Baba Idris AbdulHakeem Ajibola Akanbi Saad Omo Iya Basic Education Certificate Examination Muhammadu Buhari Bursary Khairat Gwadabe Ibrahim Issa Jetti Kayode Ibrahim Maryam Nurudeen Salman Jawondo Okedare Raimi Iyanda Kwasu Ilesha-Baruba-Gwanara Shehu Salau Maimunat Oniyangi Dunmade Awodun

