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.
IESA Sheikh Ridhwanullah El-ilory Sa\'adu Gambari Funmilayo Mohammed Ijagbo Health Centre MalHub Salmon Babatunde Salmon Shuaibu Yaman Yahaya Seriki Abdulrazaq Solihudeen MMWG Muhammed Taofeeq Abdulrazaq Ahmed \'Lateef VADA Jimoh Olusola Imam Oniyangi Kunle Sulaiman Edret Sabi Abel COVID Yomi Adeboye Abdullahi Biffo Ayekale Ahmad Uthman GANZY 20 Billion Bond Bature Bello Idris Amosa Oladipo Saidu Tosho Yaqub National Information Technology Development Agency Ganmo Bola Sagaya Young Progressives Party Sulyman Abdulkareem Farouk Salim Oju Ekun Sarumi Temi Kolawole Plat Technologies Limited Babaloja-General Sulyman Atolagbe Alege Salman Suleiman SSUCOEN Kayode Bankole Kudirat Arinola Lawal Oja-Oba Adesoye Fatai Olodo Ilorin Muslim Community Mansur Alfanla Code Of Conduct Tribunal Coronavirus Abdulraheem Olesin Sebastine Obasi CLAY POT Quarry Royal Valley Dele Belgore Abdulrazaq Aiyelabegan Olatunde Michaels Omoniyi Ilorin Amusement Park Oladimeji Thompson Yunus Oniboki Sarah Alade Kwara Coalition Of Business And Professional Associations LABTOP Saduki Lafiagi Jumoke F. Ajao Jimoh Bashir Olumide Daniel Ibitoye CACOVID Elese Of Igbaja Titus Ashaolu Iyabo Adisa Ibiyeye JUSUN April 11 TETFUND Oasis Muslim Care Foundation Raheem Adaramaja Admiralty Villa

