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.

Usman Rifun     Yusuf Aiyedun     Sadiq Buhari     Oyedepo     Oko-Erin     Omoniyi     Basit Olatunji     Ilorin Descendants Progressive Union     SSA Youth     Owo Arugbo     Nigeria Foundation For Artificial Intelligence     Budo Egba     Prince Bola Ajibola     Monkey Pox     Abdulraheem Olesin     Vishvas KOZ Tractors     Kwara State Branch Of The National Library     Kwara State Health Insurance Agency     Ilorin West/Asa Federal Constituency     Sheriff Olanrewaju     Wahab Olasupo Egbewole     Mahmud Ayinla Giwa     Muhammed Abdullahi     Kwara 2019     Nnazua     Yahaya Muhammad     Gbugbu     Ishak Mohammed Sabi     Sulyman Buhari     Abdullahi Biffo     Siraj Oyewale     Rotimi Atere     Awoye     ENetSuD     Dele Momodu     Olam Food Ingredients     NYSC     Lai Mohammed     Oni Adebayo     Danhawa     Special Adviser On Digital Innovation     Emmanuel Bello     Akume     Abdulwahab Olarewaju Issa     Ajuloopin     Mohammed Khadijat Kubura     Ibrahim Oloriegbe     11th Galadima     Abubakar Aliagan     AbdulRazaq Abubakar Jiddah     Mohammed Ibrahim     Coronavirus     Osi     Baboko Primary School     Yoruba     Dunmade     Ramadan     Diagnostic Centre     Sai Kayi     Yusuf Abdulkadir     Yahaya Oloriegbe     Sherif Shagaya     Kwara Restoration Project     Mansurat Amuda-Kannike     SSUCOEN     Ahman Pategi University     Code Of Conduct Tribunal     Babajide Ajayi     Folorunsho Alao     CUTI     Ilesha-Gwanara     Turaki Of Ilorin     GRA     Bello Bature     Afonja Descendants Union     Ben Duntoye     Ilorin Likeminds Foundation    

Cloud Tag: What's trending

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

Rafiu Olasile     Yusuf Amuda Abubakar     Illyasu Abdullahi     Ilorin Like-Minds     Lateef Fagbemi     Ayotunde Emmanuel Alao     Muyideen Ajani Bello     Bukola Ajikobi     Shururat Olatinwo     Ayobami Seriki     Iyabo Adewuyi     Kayode Ibrahim     Riskat Opakunle     Afetu Of Alabe     Majlis For Sadakah, Zakat And Waqf     Gbenga Adebayo     Maimunat Oloriegbe     Chartered Institute Of Personnel Management Of Nigeria     Dele Belgore     Ahman Pategi     George Innih     Ojo Fadumila     Kwara Polytechnic     Gbenga Olawepo     Eghe Igbinehin     Jebba     Okoolowo     International Vocational Centre     Mary Arinde     Wahab Agbaje     Kannike     Temitope Ogunbanke     Shuaib Boni Aliyu     Elerin Of Adanla     Emmanuel Bello     Sarafadeen Kayode Akorede     Abdulsalam Firdaous Amosa     Code Of Conduct Tribunal     Ishola Balogun Fulani     Ubandawaki     Aishat Sulu-Gambari     Joseph Yemi Ajayi     AbdulRasaq Abdulmajeed Alaro     Earlyon Technologies     CACOVID     Vasolar     Aishat Mohammed Lawal     United Nigeria Congress Party     Hikmah AbdulKareem     Dogara     Yusuf Mubarak     Bankole Omisore     Abdulhakeem Adelaja Amao     Onilu     Sarah Jubril     Adamu B. Yaqubu     Simeon Ajibola     Ibrahim Oloriegbe     Mumini Ishola Hanafi     Trader Moni     Ibrahim Labaika     Babatunde Idiagbon     Offa Descendants Union     Shade Omoniyi     Yusuf Babatunde Abdulwahab     Bamidele Adegoke Oladimeji     Suleiman Yahya Alapansapa     Garment Factory     Plat Technologies     Anilelerin     Ayoade Akinnibosun     Omoniyi Ayinla     Joana Nnazua Kolo     Oyeyemi Olasumbo Florence     Ahmed Idris Mohammed     Yakub Ali-Agan     Maja