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October 3, 2023

NSIA To Invest $200m On Healthcare Expansion Plans

NSIA To Invest $200m On Healthcare Expansion Plans

The Nigeria Sovereign Investment Authority (NSIA) is planning to spend more than $200 million on the next phase of its investments in the healthcare even as the Ad-hoc Committee was constituted by the House of Representatives to investigate its activities inspected projects undertaken by the Authority and their impact on the economy.

Speaking during oversight inspection of NSIA projects in Lagos, the managing director, NSIA Healthcare Development Investment Company, Dr Tolulope Adewole, revealed ongoing expansion by the Authority, as part of efforts to contribute towards addressing the country’s healthcare challenges.

In his presentation at the inspection of the NSIA LUTH Cancer Center (NLCC), Adewole noted that, the expansion plan is already in motion.

“We had MoUs signed by different states, signed with different tertiary hospitals, and some of the equipment needed are ready to be disbursed.

“We hope to go live in the next 24 months We have a project in which we are building four diagnostic hospitals, in each geo-political zone and that will be done in two phases. We are upscaling from one oncology center to four: one in the north, east, and finally Abuja. The cost is variable, so we can’t say what it will all cost us,” he added.

Credit:  Bukola Idowu (leadership.ng)

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