Headline Health News Nigeria

NSIA invests $100m in healthcare delivery

The Nigeria Sovereign Investment Authority, NSIA has committed about one hundred million dollars to healthcare delivery in the country.

The investment comes under the second phase of its intervention in the healthcare sector.

The Managing Director of the NSIA, Mr. Uche Orji said the funds would cover deployment of modern equipment in diagnostics, cancer, heart and kidney treatment.

Mr. Orji who was speaking in Abuja at the agreement signing ceremony with eight Federal Medical Centers and Teaching Hospitals said each center will run as a joint venture with the selected health institutions.

He said if the collaboration succeeds, it will boost the confidence of investors to go into healthcare financing.

He explained that the NSIA has established specialist diagnostic and cancer centers in Umuahia, Kano and the Lagos University Teaching Hospitals, which has catered for over 200,000 patients within two years.

Reporting by Biodun Dare, editing by Hadiza Abdulrahman, Omotola Oguneye