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.

Abdulrazaq Adebayo     Abdulwasiu Bolaji Adeyi     James Ayeni     Mashood Dauda     A.G.F Abdulrasaq     Bureau Of Lands     Olupako     Economic And Financial Crimes Commission     FOMWAN     Firdaos Amasa     Code Of Conduct Tribunal     Khairat Gwadabe     Falokun-Oja     Suleiman Yahya Alapansapa     Afusat Nike Ibrahim     Ijagbo     Suleiman Idris     Mohammed Khadijat Kubura     Mumini Ishola Hanafi     SAPZ Project     Sabitiyu Grillo     Tosho Yaqub     Adedipe     Abubakar Ndakene     Asa LGEA School     Ayo Opadokun     Assayomo     Basit Olatunji     Idowu Laro     Tsado Manman     AbdulRauf Keji     Bello Abubakar     College Of Health     Okanlawon Musa     Halimah Perogi     Yakub Ali-Agan     Towobola Abdulrahman Toyin     Okeose Christian Cementary     Ola Falade     Ebola     Magaji Nda     Local Government     Joseph Offorjama     Daud Adeshola     Nigeria Foundation For Artificial Intelligence     Sarkin Malamai     Elese Of Igbaja     Akorede     Laboratory-to-Product     CELF     Idowu Aremu     Amuda Aluko     Jimoh Olusola Imam     Okin Biscuit     Adam Abdullahi Al-Ilory     Abdullahi Saadudeen Alikinla     Sunday Fagbemi     College Of Arabic And Islamic Legal Studies     NIPR     Jimoh Akani     Aishat Sulu-Gambari     Yusuf AbdulRasheed     Salaudeen Oyewale     Akeem Olatunji     Esinrogunjo     Saheed Akinwumi     Funmilayo Oniwa     Omotosho     Rabiu Kwankwaso     Alaaya     Halimat Yusuf     Arinola Lawal     Abraysports FC     Asa     Olomu     Jare Olatundun     Shaykh Luqman Jimoh    

Cloud Tag: What's trending

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

Yahaya Dumoye     Kisra     Mary Arinde     Fatai Adeniyi Garba     Wahab Isa     Gobir     Plat Technologies Limited     Moshood Mustapha     Idowu Aremu     Rotimi Samuel Olujide     Rapheal Ashaolu     Kwha.gov.ng     Yaman     Chief Imam Of Omu-Aran     Seni Saraki     Government High School (GHS), Adeta     Hydroelectric Power Producing Areas Development Commission     Amusa Bello     Ahmed Shuaib Buranga     Suleiman Idris     Umar Danladi Shero     Muslim Media Watch Group Of Nigeria     Saheed Alakoso     Abubakar Usman Jos     National Pilot     Muhammad Fawaz Abubakar     Surajudeen Akanbi     Village Alive Development Association     Pakata     Abdulrazaq Solihudeen     Towobola Abdulrahman Toyin     Alagbado     Isiaq Khadeejah     Amuda Bembe     Afeyin-Olukuta     Sulyman Abdulkareem     Laolu Saraki     SSUCOEN     NULGE     Ilesha-Baruba-Gwanara     Al-Hikmah Radio     Offa Poly     Saka Adeyemo     Emmanuel Olatunji Adesoye     Afusat Nike Ibrahim     Hassan Abdulazeez Elewu     Yekeen Alabi     Saba Jibril     Chikanda     Yusuf Babatunde Abdulwahab     Ope Saraki     Titus Suberu-Ajibola     Sa\'adatu Modibbo-Kawu     Lawal Arinola Kudirat     Belgore     Amuda Musbau     2023 Elections     Bio Ibrahim     IPSAS     Saliu Shola Taofeek     Guber Aspirant     Aminu Adisa Logun     Joshua Adeyemi Adimula     Ayinde Oyepitan     Kayode Laro     Fatai Olodo     Col. Ibrahim Taiwo     Igbomina     Ahmad Fatima Bisola     Joseph Bamigboye     Orire     Yusuf Abubakar     Tunde Yusuf     Jare Olatundun     Hausa     Abdulkareem Alabi     Taofik Abiodun Ahmed