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.
Bello Abubakar Bola Ahmed Tinubu Muyiwa Oladipo Kanu Oke-Ode Sabi Tayo Awodiji Harafat E. Mukadam Oke-opin Senate Presidency Trade Lenda SME Fair Abdulmutalib Shittu Kwara TIIDELab ITEM 7 First Lady Salihu Ajia Special Agro-industrial Processing Zone Funmilayo Oniwa Peter Obi GAMA Bello Oyebanji Saka Asiat Ayinke Ronke Adeyemi Olajumoke Monsura Gafar Volunteers Of Ilorin Community And The Emirate Inside Kwara Abdulkadir Remi Hawawu Bello Oyedepo Yunus Lawal Olayinka Are National Democratic Congress Abdulhakeem Adelaja Amao Gbemi Saraki Lawan ARMTI Abdulwahab Ololele Aishat Sulu-Gambari Sa\'adu Salau Saka Onimago Ajakaye Jide Oyinloye Odolaye Aremu Ibrahim Abdulkadir Abikan Bello Taoheed Abubakar Oloye John Kehinde Salako Afusat Nike Ibrahim Haliru Yahaya NIRSAL TIC Bisi Oyeleke Gobir Aminat Omodara Atiku Nupe Ajike People Support Centre Bankole Omishore Maigida Soludero Transit Micheal Imodu-Ganmo Road Onikijipa Donatus Ejidike Ajuloopin Oke-Ogun Aliyu Olatunji Ajanaku Sherif Sagaya Transition Implementation Committee Tunji Oyawoye IESA Hameed Oladipupo Ali Tanke Moshood Bakare Seni Saraki Hassan Taiye Salam Muhammed Abdullahi Sanusi Abubakar Oluwatoyin Lukman Wasiu Onidugbe

