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.

ASUU     Olabode Towoju     Kwara State Coalition Of Business And Professional Associations     Nurudeen Muhammed     New Naira Notes     Folashade Omoniyi     Ali Ahmad     Kawu     Abdulmumini AbdulRazaq     Suraj Tunji Oyewale     March 28     Funmilayo Isiaka Oniwa     Ethical College     Gbemisola Oguntimehin     Kwara Primary Health Care Development Agency     Makama Of Ilorin     Prince Sunday Fagbemi     Alanamu     Ishola Abdullahi     Quareeb     Hamidat Sulyman-Yusuf     Farouk Salim     Saheed Popoola     Riskat Opakunle     Mukhtar Shagaya     Yomi Ogunsola     Igosun     Abdulwahab Oba     Elewu     PAACO-PCL Consortium     Kolawole Akande     Rachael Obisesan     Mubarak Oladosu     Lai Mohammed     Ahmad Lawan     Kupchi Hosea Maxwell     Bahago     Offa Grammer School     NYSC     Aliyu Muhammad Saifudeen     Onilorin     Adebara     Sidikat Uthman Ajibola     Abubakar Ndakene     Iyeru Grammar School     Rafiu Ibrahim     Kwara State Television (KWTV)     Kwara Coalition Of Business And Professional Associations     A.G.F Abdulrasaq     08001000100     COVID     Abdulrazak Shehu Akorede     Alimi Abdulrazaq     Aso Ofi     Emir Of Ilorin     Amos Bajeh     Ilorin Talaka Parapo     Isa Aremu     KWASAA     Ajike People Support Centre     Mumini Ishola Hanafi     Olabimpe Olani     Hamza Usman     Gwanara     Olayinka Are     Kaosarah Adeyi     Abdulkadri Ahmad Alaiye     Sherif Shagaya     Mumeen Lah     BECE     Ilorin Airport     Kayode Bankole     Yakubu Shaaba     BIR     Ajakaye     Raliat Islamic Foundation     Arinola Lawal    

Cloud Tag: What's trending

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

Kwara State Fire Service     Mohammed Abdulahi     Adesoye     Olatunji Moronfoye     Durosinlohun Kawu     AGF Abdulrazaq     Majlis For Sadaqah, Zakat And Waqf     General Hospital     Olusola Saraki     Baba Issa     Ghali Alaaya     Moronfoye     Olupako     Saka Saadu     Moro     Haleeman Salman     Shehu Alimi Foundation For Peace And Development     Raji Ayodele Kamaldeen     Bayer AG     Fatai Adeniyi Garba     Kudirat Arinola Lawal     Popo-Igbonna     BECE     Awwal Jawondo     Abubakar B.M     Agbarere     Yahaya Oloriegbe     Twitter     Taofik Mustapha     Nigeria Foundation For Artificial Intelligence     Muritala Awodun     Oja-Oba     Ojo Fadumila     Iyiola Oyedepo     Shehu Alimi Foundation     Solomon Edojah     State Bureau Of Internal Revenue     Oju Ekun Sarumi     Sobi FM     Isiaka Rafiu Mope     Peter Amogbonjaye     Egbejila     Lanre Jimoh     Gobirawa     Ayekale     Oke-Kura     Oyedun Juliana Funke     Abiodun Jacob Ajiboye     Esinniobiwa Quareeb     Saka Asiat Ayinke     Sulyman Abdulkareem     Busari Toyin Isiaka     Aliyu Alhassan     Kwara Consultative Forum     Sabitiyu Grillo     Vasolar Consultoria     Ayotunde Emmanuel Alao     Yahaya Muhammad     Basic Education Certificate Examination     Sheikh Ariyibi     Wahab Kunle Shittu     Muslim Stakeholders Of Kwara State     Ita-Ore     Yaru     Abdul Jimoh Mohammed     Post Utme     Christopher Ayeni     Gbajabiamila     Shoprite     Raliat Islamic Foundation     Manzuma     Olubukola Kifayat Adedeji     Suleman Abubakar     Aisha Gobir     Radio SBS     Ministry Of Women Affairs And Social Development     Elerin Of Adanla