By Calista Oyeoba / Posted November 26, 2024
Padiyath Healthcare, an Indian pharma firm, has committed a whopping $100 million to boost Nigeria’s healthcare sector. This investment will focus on advanced diagnostics and affordable treatment options, making quality healthcare more accessible to Nigerians.
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According to Dr. Hazeeb Padiyath, Chairman of Padiyath Healthcare, announced that his company will invest in Nigeria’s healthcare sector during Indian Prime Minister Narendra Modi’s, recent visit to Nigeria. the investment will enable Nigerians to access world-class treatment at an affordable cost. The company is set to commission a 300-bed tertiary care hospital in Abuja, which will be Nigeria’s largest private sector hospital when completed.
The hospital, named Padiyath Mayfields Hospitals, will feature advanced diagnostic equipment, including Pet Scan, Linear accelerator, and Gamma knife. Additionally, a 200-bed cancer hospital, Padiyath Cancare Hospitals, will be established in Abuja, providing specialized cancer treatment.
As part of this initiative, Padiyath Healthcare is set to commission a state of the art hospital in Abuja, which will offer advanced medical facilities and specialized treatment options. This hospital is expected to be Nigeria’s largest private sector hospital when completed.
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This significant investment is a testament to the growing Nigeria India investment relations and is expected to make a positive impact on Nigeria’s healthcare sector.