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The Nigerian Sovereign Investments Authority, NSIA, has concluded arrangements to build several world class hospitals in Nigeria.
It is also developing 20 various health projects, in the are of radiology and diagnostics, across the country to support the nation’s comatose health sector as part of its health intervention initiatives
The Managing Director of the Nigerian Sovereign Investment Authority, Uche Orji, stated this while speaking at the Media chat organised by the Presidential Media team, at the State House, Abuja, on Thursday.
The NSIA has already built three world class Cancer center at the Lagos University Teaching Hospital and two radiologist diagnostics centers in Kano and Umuahia.
Orji said the NSIA the health sector initiatives are being managed by its health care investment company.
“ I am happy to report that those centers are working successfully.At the moment, these three projects are doing quite well.Our objective now is to build 20 more of these centers across the country. We are starting this year with three and next year, seven and then another ten the following year.This is everything from cancer, to radiology to diagnostics, and then our flagship program is our world class hospital that we are building here in Abuja that will be a center for advanced medicine”
Speaking on infrastructure development, Orji said the $1.7b Presidential Infrastructure Development funds PDFI, are being channeled into the ongoing Lagos to Ibadan road, the 2nd Niger bridge, the Abuja to Kano road and the Mambilia hydro power projects.
He disclosed that the NSIA projects considerations are driven by four major parameters, including “nationwide importance, ability to attract local and international capital, projects with strong commercial and social returns and conducive legal environment for such investments”
“ These roads have nationwide importance, we are looking to bringing in other commercial capital contributors both Pension funds, these projects will be commercial, profitable over time because, they are economic assets. That’s the only way they are going to be maintained”
He disclosed that the first phase of the 2nd Niger bridge and the Lagos to Ibadan expressway, will be completed in July, 2022, while the Abuja to Kano road should be completed, later this year.
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