Business

Indian Firm Commits $100 Million to Nigeria’s Healthcare Sector

Nigeria-India investment relations has received a boost with Indian Group, Padiyath Healthcare, disclosing that it had earmarked  investment worth $100 million for Nigeria’s healthcare sector.

The remark was made by Padiyath Healthcare Chairman, Dr. Hazeeb  Padiyath, during an address he made in Abuja when Indian Prime Minister Narendra Modi recently  made an official visit to Nigeria.

According to Padiyath, the investments when completed will enable Nigerians access world class treatment at affordable cost.

He disclosed that already the company is set to commission a world-class  hospital, in Abuja as part of the long term investment drive of the India company in the country.

He revealed that that the first investment is “Padiyath Mayfields Hospitals”, a 300-bed tertiary care hospital which is being constructed in Suncity estates, Galadimawa, Abuja,” adding that “When commissioned it will be Nigeria’s largest private sector hospital”.

He told the visiting India PM that the hospital brings in advanced diagnostic equipment, which will be the first of its kind in West Africa, noting that the project will be ready for unveiling by February 2025.

The India investor also disclosed that the second Hospital Padiyath Cancare Hospitals which will be domiciled in Abuja and will be a 200-bed hospital world class cancer institute.

He said: “This centre will be a full-fledged cancer hospital with equipment like Pet Scan, Linear accelerator & Gamma knife.”

The Group Padiyath healthcare is an Indian multinational healthcare provider with operations in India, Middle East & Africa, the company’s boss said.

The Africa expansions are spearheaded by Padiyath as part of his vision to provide quality affordable healthcare across the Africa.

Michael Olugbode

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Michael Olugbode

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