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.

Yusuf Aiyedun     Balogun Gambari     Moji Makanjuola     CLAY POT     Aliyu Kora Sabi     Abdulmumini Sanni Jawondo     HYPPADEC     Budo-Egba     Road Transport Employers Association Of Nigeria     Dasuki Belgore     Sa\'ad Alanamu     Edret Sabi Abel     Ibrahim Oloriegbe     COVID     Toyin Falola     Toyosi Thomas     Florence Saraki     Abdul-Rahoof Bello     Harmony Holdings     Yakubu Shaaba     Oro Grammar School     Innocent Okoye     Abdulrazaq Solihudeen     Laduba     Oke-Oyi     V.O. Abioye     Bello John Olanrewaju     Na\'Allah     KFA     NSCIA     SWAN     Trade Lenda SME Fair     Ibrahim Taiwo     Colleges Of Education Academic Staff Union     Bashir Adigun     Sobi Specialist Hospital     Ogbondoroko     Olatunde Michaels     Suraj Tunji Oyewale     Abdulkadir Jimoh     Adedipe     Suleiman Alege Kuranga     Saka Saadu     Olayinka Jelili Yusuf     Taofeek Sanusi     Gambari     Asa     Raimi Iyanda     Mashood Dauda     Modibo Kawu     Igbomina     Baboko Primary School     Ahman Pategi University     Mohammed Yisa     Kayode Yusuf     Omoniyi M. Ayinla     Smart School     Olabimpe Olani     Oluronke Adeyemi     Oloruntoyosi Thomas     Age AbdulKareem     United Nigeria Airline     Idowu Laro     Igbaja     Micheal Imodu-Ganmo Road     Sulyman Atolagbe Alege     Abdulrosheed Okiki     Habeeb Abdullahi Al-Ilory     Ishak Mohammed Sabi     Joseph Daudu     Okala Baba     Gurei     SSA Youth Engagement     Hikmah AbdulKareem     Ayoade Akinnibosun     Basic Education Certificate Examination     Abdulazeez Arowona    

Cloud Tag: What's trending

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

Bello Oyedepo     Ganmo     Abdullahi AbdulMajeed     Suleman Abubakar     Olatunji Ayeni     The Herald     Ahmed Bayero     Fulani     Jimoh Saadudeen Muhammed     Oko Erin     Kwara Apc     Mufutau Gbadamosi Esuwoye     Odogun Olushola Gabriel     Osinbajo     Iponrin     Rice Farmers Association Of Nigeria     Abubakar Baba Sulaiman     Tescom.kwarastate.gov.ng     Olanrewju Okanlawon Musa     Issa Oloruntogun     Adamu Jemilat-Baki     Adedayo Yusuf Abdulkareem     Bamidele Adegoke     Elerin Of Adanla Irese     Olokoba Abdullahi Ayinla     Ilorin Innovation Hub     Ayodele Kuburat Olaosebikan     Logun     Damilola Yusuf     Akeem Olatunji     Bolakale Ayo     KwaraLearn     Bilikisu Oniyangi     Valsolar Consultoria     Ilorin West     Gafaru Olayiwola Olorisade     Adeleke Ogungbe     Tunde Akanbi     Tanke Flyover Bridge     Ojo Isekuse     MINILS     Dar-Al-Handasah Consultants Ltd     Harafat E. Mukadam     Mahmud Ayinla Giwa     Ahmad Uthman     Olusola Saraki     Veterinary Teaching Hospital     Bello John Olanrewaju     Yahaya Jibril Usman     Tunji Olawuyi     Gbenga Olawepo     Madawaki     Micheal Imodu-Ganmo Road     Eruku     Ibrahim Mohammed     ER-KANG Mining     Forgo Battery Company Limited     Alao Ayotunde     Abdulmajeed Wahab     LABTOP     Kolo     Saad Belgore     Jamila Bio Ibrahim     Apaola     Segun Abifarin     Toyin Falola     FERMA     Victor Gbenga Yusuf     Umar Danladi Shero     Omotosho     Sardauna     Katibi Ibraheem Adeola     A.G.F Abdulrasaq     Ali Ahmad     Kunle Suleiman     Ishaq Abdulkarim     Ahmad Ali