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.

Saheed Akinwumi     Bolaji Aladie     NIPR     Kulende     Ilorin Muslim Community     Afolasade Opeyemi Kemi     Solomon Edojah     Senior Ibrahim Suleiman     Jimoh Akani     Yahaya Dumoye     Kanu Agabi     Olaiya Zuberu     GRA     Alaaya     Gbemi Saraki     Iyabo Adewuyi     AbdulRaheem Ahmad Shayi     Tricycle Owners Association Of Nigeria     James Ayeni     C2c@kwarastate.gov.ng     Abdulahi Abubakar Bata     Dan Iya     Gambari     Omupo     Flights To Ilorin     Ohoro Of Shao     Idris Amosa Oladipo Saidu     Lithium     Seun Bolaji     Ita-Ore     Government Girls’ Day Secondary School Pakata     Eruku     Aminu Ado Bayero     Old Oyo     Isiaka Gold     Sobi Specialist Hospital     CUTI     Damilola Yusuf Adelodun     Suleiman Ajadi     Otoge     Adolescent Girls Initiative For Learning And Empowerment     Cornelius Adebayo     Matthew Okedare     Onikijipa     Unilorin     MMWG     Monthly Sanitation Exercise     Esuwoye     Sebastine Obasi     Asa     Mohammed Yahaya Barki     Undergraduate Bursary     Moses Adekanye     Bola Iyabo Ibiyeye Adisa     Societe Generale Bank Of Nigeria     Riskat Opakunle     Danladi     Saliu Mustapha     Radio SBS     Samari     Bola Olukoju     Sadiq Buhari     Abdullahi AbdulMajeed     Shola Odetundun     Democracy Day     Gbenga Olawepo     Ayobami Akanbi     Ilorin South Constituency     Mohammed Danjuma     Saka Abimbola Isau     Quareeb Islamic Association     Adanla-Irese     Iliasu     Oluronke Adeyemi     Junior Secondary School Certificate Examinations     Olatunde Olukoya     Bayo Ojo    

Cloud Tag: What's trending

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

Ilorin Anchor Men And Women     Owo Isowo     Lanwa     Azeez Bello     Abdulquawiy Olododo     Omoniyi Ayinla     Wale Oladepo     Oba Abdulrahim     Alaiye     Facemasks     School Of Nursing     Abubakar Baba     Pategi     Ajasse-Ipo     Salman Jawondo     Roseline Oni Aremu     Bashir Omolaja Bolarinwa     Chief Imam Of Lafiagi     Titus Ashaolu     Issa Oloruntogun     KWSIEC     Ibrahim Kayode Adeyemi     Jawondo     Abdulrasheed Lafia     Naira Redesign     Olabode Towoju     Mufutau Gbadamosi Esuwoye     Mumeen Lah     Forgo Battery Company Limited     Isau     Biliaminu Aliu     Wakilin Mata Lafiagi     Yusuf Zulu-Gambari     United Nigeria Airline     Teachers Specific Allowance     Firdaos Amasa     KwaraLearn     A.O. Belgore     Kwara State Infrastructure Development Fund     Joseph Offorjama     Abdullahi Samari     Abdullahi Biffo     Buhari     ARMTI     Kolawole Akande     Mohammed Tunde-Jimoh     Rashidi Yekini     Balogun-Ojomu     Ilorin Airport     Moshood Mustapha     Olanrewju Okanlawon Musa     Simon Sayomi     Shuaib Boni Aliyu     Abubakar Abdullahi Bata     Aliyu Muyideen     CKNG     Isiaka Abdulrazak     Olatunji Ibrahim     Olatomiwa Williams     Nigeria Association Of Women Journalists     Abdulrasaq Alaro     Memunat Monsuma     Oba Sulaiman Asude     Vasolar     Babaloja-General     NIPR     Seed Technologies     Jebba     Solomon Edojah     Samari     Bolakale Saka     Esinniobiwa Quareeb     Aliyu Olatunji Ajanaku     Christopher Odetunde     Oasis Muslim Care Foundation     Oke-opin     Okedare