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 Abubakar     Moses Rahman Popoola     Idi-Ape     Shuaib Abdulkadir     Oniye     Abdulrahman Abdulrazak     Kwara     Post-utme     Muftau Akanbi Oke     Universal Basic Education Commission     Mohammed Tunde-Jimoh     Elelu     Prince Mahe Abdulkadir     Durosinlohun Kawu     Sunday Popo-Ola     Lithium Deposit     Ilorin East/South Federal Constituency     AGM Professional Services     Ibrahim Abiodun     Waziri Yakubu Gobir     Muhammadu Buhari     Rafiu Olasile     Umar Sanda Yusuf     Ajayi Okasanmi     Abdulrazaq Aiyelabegan     Elections     Amina El-Imam     Gbadeyan Gbadura Yomi     Sherif Shagaya     20 Billion Bond     Omar Gambari     Ahmed Saidu Rufai     Olatunji Bamgbola     Irepodun     MalHub     Dagbalodo     Overland     Olatunji Moronfoye     Tunji Oyawoye     Police Commissioner     Garba Idris Ajia     Aminat Omodara     Abraham Ojo     Omu Aran     Shagari     Ilorin Airport     Abatemi Usman     Oba Abdulrahim     Medinat Folorunsho Salman     Erubu     Abdulkadir Bolakale Sakariyah     Mohammed Yahaya Barki     Yusuf Aiyedun     Lawyers Unite Against Corruption     Adewuyi Funmilayo     Kwara Basketball Association     Femi Oladiji     Shehu Adaramaja     Kwara Central     Doyin Agbamu     Roseline Oni Aremu     Bashir Badawi     Yakubu Shaaba     CBT     National Pilot     Afolabi-Oshatimehin Adenike Harriet     Temitope Ogunbanke     GGDSS Pakata     Afonja Descendants Union     Special Agro-Industrial Hub     Tunji Ajanaku     Abdulrazaq Sanni     Muhammad Sirajo Aliyu     TVC Female National Debate     GRA     Ronke Adeyemi     Obayomi Azeez    

Cloud Tag: What's trending

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

Bayo Onimago     Kawu Baraje     Yunus Oniboki     Ahman Patigi     United Nigeria Congress Party     Saka Onimago     Ahmad Ali     Vishvas KOZ Tractors     Geri-Alimi Split Diamond Interchange     Mohammed Haruna     Ilorin Water Reticulation     Yakubu Dogara     Amoyo     Suleiman Yahya Alapansapa     Habeeb Abdullahi Al-Ilory     Ahmed Shuaib Buranga     Magaji Erubu     Barakat Community Secondary School     NaAllah     Fatimat Saliu     Ekiti     Tafida Of Ilorin     Senior Special Assistant On Student Affairs     Alfa Yahaya Road     ITEM 7     Mansur Alfanla     Memunat Monsuma     Code Of Conduct Tribunal     Gamji Members Association     Mahfouz Adedimeji     M.Y. Abdulrahaman     Kwara State Government     Just Law Forum     Ibrahim Kayode Adeyemi     Transition Implementation Committee     Mohammed Lawal     Ilorin Metro Park     Special Adviser On Digital Innovation     Nurudeen Muhammed     Ridhwanullah Al-Ilory     Jaiz Bank     Col. Adedipe     Mohammed Kamaludeen     Ilorin International Airport     Fatimoh Lawal     Valsolar Consultoria     Yusuf Amuda Aluko     Bilikis Oladimeji     Www.Kwarareports.com     Hausa     Abdulkareem Alabi     KWAFFA     Mohammed Danjuma     Omotoso     Eleja Taiwo Banu     Saliu Alamoyo     Babata     Alaaya     Funmilayo Zubair     Daud Adeshola     Admiralty Villa     C2c@kwarastate.gov.ng     Lawan     Oluranti Idowu     Tunji Ajanaku     Jamila Bio Ibrahim     Laduba     Kale Belgore     Folorunsho Erubu     Maimunat Oniyangi     Muslim Stakeholders Of Kwara State     Isiaka Oniwa     Toyosi Thomas     Ilorin Innovation Hub     Saraki     Binta Abubakar Mora     Abdulrazaq Magaji