Indian group announces $100m healthcare investment in Nigeria

Padiyath Healthcare, an Indian group, has announced $100 million in proposed investments in Nigeria’s healthcare sector.

Hazeeb Rahman Padiyath, chairman of the group, made the announcement as Indian Prime Minister Narendra Modi visited Nigeria.

Padiyath said the investments would enable Nigerians access world class hospitals at affordable cost.

He said the company is set to commission Padiyath Mayfields Hospitals in Abuja as part of its long term investment drive.

The chairman said the hospital is a 300-bed tertiary care hospital which is being constructed in Suncity estates, Galadimawa.

He added that “when commissioned, it will be Nigeria’s largest private sector hospital”.

He told Modi that the “hospital brings in advanced diagnostic equipment like 3T MRI. 256 Slice CT Scan Machine which will be the first of its kind in western Africa along with a Cardiac cathlab, 24 super speciality centers of excellence, 25 bedded Intensive care unit, and an operation theatre in the emergency department itself”.

There would be an operation theatre complex in the 3rd floor “which can be lifesaving in times of emergency”, he said.

Padiyath said the project will be ready for unveiling by February 2025.

The investor said Padiyath Cancare Hospitals would also be domiciled in Abuja and will be a 200-bed world class cancer institute.

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

Padiyath said the initiatives are part of his vision to provide quality and affordable healthcare across Africa.