BREAKING: FG Promises Massive Investments In Health Sector In 2025

The Federal Government has said that more manufacturing companies have indicated interest in investing in the country’s health sector in the coming year.

The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, said the government has improved the health sector to ensure quality and affordable healthcare for all citizens.

In a video Christmas message on Friday, Pate assured that the country would house international pharmaceutical companies producing pharmaceutical kits for local and African markets.

“This is to account to you that under the committed leadership of H.E. President Bola Ahmed Tinubu, GCFR, over 70 new healthcare manufacturing companies are engaging in active discussions with international financiers concerning the execution of 22 large-scale investment projects in the country.

“This is a direct result of the increasing confidence in the Nigerian health sector following Mr. President’s establishment of the Presidential Initiative to Unlock the Healthcare Value Chain under its National Coordinator, Dr. Mukhtar Abdu, in October 2023,” he said.

Pate noted that the Presidential Initiative has helped to boost employment for citizens in the health sector.

He said by 2025, there would be manufacturing of rapid diagnostic test kits, by a South Africa-based company in the country.

He disclosed that an agreement has been signed with Colexa Bioseneor to establish its factory in Nigeria to manufacture kits for Malaria and other diseases testing and prevention; while Global Gasses Group will establish an air separation plant in the country for medical oxygen.

The Minister of Health assured that the government would continue to prioritize the welfare of citizens in all its policies.