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.

Sulyman Buhari     National Pilot     Kaiama     Tunde Kazeem     Oko-Erin     Mohammed Katsina Ahmed     Valsolar Consortium     Sango-UITH Road     Obuh     Chief Imam Of Omu-Aran     Agbarere     Sarkin Malamai     Oke-opin     Opobiyi     CKNG     Yusuf Amuda Aluko     Titus Ashaolu     Isiaka Abdulrazak     National Information Technology Development Agency     John Olajide Adedipe     Oro Grammar School     Jide Oyinloye     Makama Of Ilorin     Kwara State Council Of Chiefs     Salmon Babatunde Salmon     IFK     Ibrahim Abdullahi     Lucky Omoluwa     COVID     Olabanji Orilonishe     Hassan Taiye Salam     Kola Bukoye     Yusuf Amuda Gobir     Saka Balikis Kehinde     Alaro     Abubakar Baba Sulaiman     2023 Elections     Ajikobi     Timothy Olatunde Fadipe     Yemi Sanni     Harmony Holdings     Shola Odetundun     Raliat Elelu-Habeeb     Khadijat Ayoola Yusuf     Kemi Adeosun     Yahaya Abdulkareem     Sobi Specialist Hospital     Emir Of Lafiagi     Shehu Alimi Foundation     Waziri Yakubu Gobir     Aliyu Muhammed     Oba-Solagberu     Tunji Arosanyin     Saheed Akinwumi     Ambassador Kayode Laro     Bola Tinubu     Bisi Kristien     Ile Arugbo     Habeeb Saidu     Senior Ibrahim Suleiman     Adanla-Irese     Mansurat Amuda-Kannike     College Of Arabic And Islamic Legal Studies     Gbemi Saraki     James Kolo     Temi Kolawole     Al-Ilory     Aremu Odolaye     Doyin Group     KW-GIS     Ahmed Dankaya     Gbajabiamila     Ilorin     N-Power     Issa Manzuma     Saka Adeyemo     Kwara State Coalition Of Business And Professional Associations    

Cloud Tag: What's trending

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

Royal FM     Shettima     Wahab Agbaje     Salman Suleiman     Mansur Alfanla     KW-GIS     Michael Nzwekwe     Kabir Shagaya     IPSAS     David Oyerinola Adedunmoye     Ahmed Alhasssan     Olabode George Towoju     Alabi Lawal     Omotosho     GGDSS Pakata     Florence Saraki     Kunle Akogun     Olosi Of Osi     Mohammed Haruna     Owo Isowo     National Party Of Nigeria     Tunji Moronfoye     Usman Rifun     Modibbo Kawu     Gafaru Olayiwola Olorisade     Ahmed Dankaya     KWATMA     Tafida Of Kaiama     Igbaja     Ganmo Power Sub-Station     All Confederation Of Principals Of Secondary Schools     Apaola     Funmilayo Isiaka Oniwa     AbdulRahman Saad     Ahmed Ayinla Jimoh     Ahmed \'Lateef     Sidikat Uthman Ajibola     Garba Dogo     Saidu Kawu     Issa Memunat Moyosore     Abikan     Abdulhakeem Amao     Leke Ogungbe     Lotus Bank     Hijab     Haashim Initiative For Community Advancement     Oniwa     Hydroelectric Power Producing Areas Development Commission     Eleja     Kwara 2015     Oba-Solagberu     Bluenile Associates     Afonja Descendants Union     Elese Of Igbaja     Shuaib Abdulkadir     Saudat Abdulbaqi     Idofin     Abdullahi Biffo     Jimoh Akani     Isau     Ahmed Idris Mohammed     Gobir     Moshood Kashimawo Abiola     Wole Oke     Reuben Paraje     Susan Modupe Oluwole     Demola Banu     Mutawali Of Ilorin     Amuda Bembe     Saidu Yaro Musa     Medview Airlines     Dauda Adeniran Adeshola     Yahaya A Paniyaro     Islamic Development Bank     Baba Issa     Adolescent Girls Initiative For Learning And Empowerment     Haruna Tambiri Mohammed