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.

Mubarak Oladosu     Ebola     KW-GIS     Jimoh Bashir     Amusement Park     Bibire Ajape     Moremi High School     Bursary     Sarakite     Eruku     Ahman Patigi     Abegunde Goke     Adanla-Irese     Abdulraheem Olesin     Alore     Henry Olaosebikan     Jumoke Monsura Gafar     Kola Adesina     11th Galadima     Sheikh Ariyibi     NITDA     Joseph Alex Offorjama     Olatunde Olukoya     UITH     Lanre Jimoh     Issa Memunat Moyosore     John Dara     Jamila Bio Ibrahim     Samuel Adaramola     Saad Omo\'ya     Magaji Are     Abdulfatai Salman Baakini     Sidikat Alaya     Sunday Otokiti     Public Holiday     V.O. Abioye     General Hospital, Offa     NaAllah     Oyun     ASKOMP     Obuh     07039448763     Kudirat Arinola Lawal     Moronfoye     John Olajide Adedipe     Folorunsho Alao     Aminat Ahmed     Hakeem Idris     Musa Abdullahi     COEASU     Adedayo Yusuf Abdulkareem     Laolu Saraki     Idris Garuba     Oro Grammar School Old Students Association     Abdulfatah Ahmed     Abdulrosheed Okiki     Sobi Hill     Rex Olawoye     George Innih     Mohammed Halidu     Kanu Agabi     Arandun     School Of Nursing     Rebecca Olanrewaju     Ibrahim Abiodun     Omoniyi Ayinla     Ishola Moses Abiodun     T And K FOODS     SSA Youth Engagement     National Association Of Nigerian Students     Iqra Books     Garba Ado Sanni     Local Government Pension Board     Mufti Of Ilorin     Maimunat Oloriegbe     Abdulahi Abubakar Bata     UNIFEMGA    

Cloud Tag: What's trending

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

Kwara Restoration Project     Umar Saro     Abdullah Janet Amudat     Sheriff Shagaya     Tope Daramola     Bola Ahmed Tinubu     Bayer Nigeria Limited     Abdulmalik Bashir Mopelola Risikatullahi     Shehu Raheem Adaramaja     Aliyu Umar     Principal Private Secretary     Abiodun Jacob Ajiboye     Saba Jibril     Shaaba Lafiagi     Mope Dasuki Belgore     Federal College Of Education (Special), Afon     Abiodun Abdulkareem     Omu Aran     Aiyedun     Ibrahim Abikan     GANZY     Kwara State Polytechnic     Opaleke Bukola Iyabo     Lucky Omoluwa     Bello Bature     Jimoh Olusola Imam     Najim Yaasin     Sheikh Ariyibi     Muyideen Ajani Bello     Kwara Polytechnic     Popo-Igbonna     Bilikisu Oniyangi     Elerin Of Erin-Ile     Kola Olota     Yusuf Zulu-Gambari     Bayo Ojo     Sun Qing Rong     Suleiman Idris     Moses Afolayan     Aremu Odolaye     Ibrahim Orire     Issa Oloruntogun     Raymond Olaitan     Lateef Alagbonsi     Harmony Holdings     Yusuf Mubarak     Ilota     Awodun     National Association Of Nigerian Students     Naira Redesign     Salman Suleiman     HICA     Kayode Issa     Ilorin General Hospital     Yahaya A Paniyaro     Yeketi     Sabi     Lawyers Unite Against Corruption     Idofin     Saka Onimago     Bursary     Oko-Olowo     Al-Hikmah University     Pategi     Amule     Sam Okaula     Afeyin-Olukuta     Shehu Adaramaja     Government House     Lawal Arinola Kudirat     Moses Rahman Popoola     Sobi Hill     Alapansapa     Dauda Adeniran Adeshola     Jamiu Oyawoye     Kwara State Infrastructure Development Fund     Dar-Al-Handasah Consultants