Barring any last minute hitches, Jubilee Syringe Manufacturing Company will commence full production of syringes in the country later this August.
Jubilee Syringe, located on an 8000 square meter of land area in Onna Local Government of Akwa Ibom State, will be the first syringe manufacturing company in the country, second only to South Africa in the whole of Africa, and will kick off a start up production capacity of between 350 to 400 million syringes annually, with provision for expanding its production capacity to one billion syringes by 2018.
This estimated 350-400 million production lines Jubilee Syringe intend to start-up with in Nigeria, far overshoots that of South Africa, as the South African Company has a production capacity of only 93 million, making Jubilee Syringe, of course, upon completion and commencement of operations the largest syringe production company in the entire African continent.
Owned by a Turkish-born business man and investor, Mr. Onur Kumral, whose investments spanned over 17 countries, and having believe that Akwa Ibom has good development policies and adequate security, in addition to the overwhelming support provided by Governor Udom Emmanuel’s administration, said he was spurred to confidently take the risk of bringing such huge investment as Jubilee Syringe into the country.
According to Kumral, even though the company is in Nigeria to make profit, its primary aim is not only to create jobs, but also to help in stabilising the nation’s economy and add value to Nigerians through training and retraining.
Of course, his promise of adding value to Nigerians was realised when Jubilee Syringe recently sent 12 Nigerians to Istanbul, Turkey, for advance training on key areas of injection machines. These 12 Nigerians were trained on the operation of injection moulding machines, maintenance of moulds and quality control.
Kumral had stated in an interview recently that there is this situation in Nigeria right now where the country is losing huge dollars daily through importations and noted that there must be deliberate efforts by all to stop it.
Mr. Zubeyir Gulabi, who will run the daily management of Jubilee Syringe upon commencement of operations as the company’s Managing Director, said while receiving the 12 Nigerians who returned from Turkey, that they are the future of industrialisation in the state and the nation.
He observed that there are plans by Jubilee Syringe to send more Nigerians for training especially in the area of safety, packaging and printing.
Speaking with journalists on the plans the company has and the reason for coming to Nigeria, Mr. Kumral said they are impressed with the efforts of the government at various levels to encourage foreign investors and they believe that if they take the bold step and come into the country it will also encourage others to do the same.
“That is why we are trying to encourage manufacturers to come into the country by establishing huge firms first. Do not forget that these syringe factory raw materials are in Nigeria, produced by Nigerian petrochemical companies, and of course, all the machineries needed to start the production of syringes in Nigeria has arrived the country.”
At every point or opportunity, Kumral has never failed to remind whoever cares to listen that Africa provides one of the highest returns on investment, in the world for discerning investors who can take a calculated risks.
The Chairman of Jubilee Syringe has constantly demonstrated this conviction by taking very bold, courageous, but calculated investment risks most of which have paid off handsomely.
“What we are trying to put on ground in Nigeria is what should have been done years back if the political will was there. Establishing a syringe factory in Nigeria is definitely not something we should be celebrating at this time and age. The market is here. There is the potential for four billion syringes to be sold in this country.”
Mr. Kevin, a Pharmacist with Pharmablaze Pharmaceutical Company based in Nigeria had this to say: “The coming in of Jubilee Syringe factory in Akwa Ibom is a dream come true, with respect to job creation and medical tourism in Nigeria. We in the business of medicine are quite happy because in the area of profits and risk of importation, we can say this is a major breakthrough. We can now stroll to our backdoor and buy with our own currency what we were spending huge foreign currency to import.
“This shows that Akwa Ibom and indeed Nigeria will become the major hub for medical facility. Don’t forget, we have the Ibom Multi-Specialist Hospital, the best hospital in sub-Sahara Africa still in Akwa Ibom which will complement this syringe company. We are saying many thanks to Mr. Kumral the investor, his team and Akwa Ibom state government.”
On his part, Pharm. Sylvester, who works with Veclem Pharmaceutical Company, believes that Jubilee Syringe is coming into the country at the right time, as a result of the economic crunch in the country. “This is the best news that is emanating from this part of the continent for years now. This country has not really fared well in terms of establishing manufacturing companies. We import everything in Nigeria. This is sad.
The leadership of this country are not doing enough in attracting industries to the country so as to create employment and also reduce huge spending as a result of importation.”