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.

Ademola Kiyesola     National Union Of Road Transport Workers     Titus Ashaolu     Kwara Volleyball Association     Kwara State Fire Service     Abdulkadir Jimoh     Lotus Bank     Mope Dasuki Belgore     Yunus Oniboki     Yusuf Badmus     Kuliyan Geri     Kwara Restoration Project     Ahmed Idris Mohammed     Hamid Bobboyi     AbdulGafar Tosho     Shero     Trade Lenda SME Fair     United Nigeria Congress Party     Sherif Sagaya     Funmilayo Mohammed     Ubandoma Of Ilorin     Ella Supreme Tissue Paper     Maigida Soludero Transit     Ojo Fadumila     Countryside Emerging Leaders Fellowship     Kwha.gov.ng     KWAFFA     Durbar Festival     University Road     Medinat Folorunsho Salman     Ahmad Fatima Bisola     Alore     Ibrahim Abduquadri Abikan     Yusuf Amuda Gobir     Inside Kwara     Vasolar-Kwara Company Ltd     Police Commissioner     Adedeji Onimago     Femtech     Folaranmi Aro     Sadiq Buhari     Cassava Growers\' Association     Colleges Of Education Academic Staff Union     Alabere     Damilola Yusuf     Kishira     Raheem Adaramaja     ER-KANG Mining     Kisira     Sunday Popo-Ola     Omu Aran     Ibrahim Oniye     Ebola     Muslim Media Watch Group Of Nigeria     Isiaka Gold     Atunwa     Aliyu Salihu     Afetu Of Alabe     Charcoal     Akanbi-Oke     Bolaji Gambari     Ahmad Belgore     Sa\'adu Salahu     Binta Abubakar Mora     Raji Ayodele Kamaldeen     Pakata Development Association     Kayode Oyin-Zubair     Mahmud Babatunde Baker     Awodun     Otunba Taiwo Joseph     Bashiru Makama     Yusuf AbdulRasheed     Alfa Yahaya Road     Naira Redesign     Sabi     Razaq Atunwa     Bashirat Bola Bello    

Cloud Tag: What's trending

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

Afolayan     Isau     Yakub Lai Gobir     Ubandoma     Saka Aleshinloye     Madawaki     Olaiya Lawal     Abubakar Atiku     Bankole Omishore     Olomu     Gurei     Funmi Salau     Ilorin Water Reticulation     Garba Idris Ajia     Majlis For Sadaqah, Zakat And Waqf     Bareke     Cassava Growers\' Association     EFCC     Saka Balikis Kehinde     Ghali Muhammed     Sheikh Ariyibi     Saka Adeyemo     Ibraheem Adeola Katibi     Freshvine Nigeria Limited     Kale Belgore     Amuda Bembe     Taibat Ayinke Ahmed     Saidu Yaro Musa     Makama     Aisha Ahman Pategi     Cornelius Fawenu     Abdulmajeed Wahab     Y.A. Abdulkareem     Isaac Gbenle     Basic Education Certificate Examination     Oja-Oba     Muhammad Akande Olarewaju Odunade     Emmanuel Bello     Sabitiyu Grillo     FERMA     Albert Ogunsola     Savannah Centre For Diplomacy, Democracy And Development     Medview Airlines     Simeon Sule Ajibola     Olusin Of Ijara Isin     Jide Ashonibare     Muhammed Taofeeq Abdulrazaq     Dele Belgore     Kwarareports     Mohammed Alabi Lawal     Emir Of Kano     Baba Issa     Yahaya A Paniyaro     Adaramaja     Waziri Yakubu Gobir     Odolaye Aremu     Oluwarotimi Boluwatife Adenike     Gbenga Awoyale     AbdulFatai Adeniyi Dan-Kazeem     Ahmed Bolaji Nagode     Siddiq Adebayo Idowu Salawu     Olumide Daniel Ibitoye     AbdulQowiy Olododo     Suleiman Abubakar     ITP     Senior Staff Union Of Colleges Of Education     Tanke Road     Isin     Sam Onile     Arik     Ridhwanullah Al-Ilory     Isiaka Gold     Council Of The Wise     Abdulkadir Orire     Muhammad Fawaz Abubakar     Mahe Abdulkadir     JSSCE