Breaking News

Foreign firm to establish hospitals in Nigeria

By Chinyere Amalu

ABUJA – A healthcare services provider Apollo Hospital Enterprise Ltd, has planned to invest $150-175 million to set up five speciality hospitals for children, four in India and one likely in Nigeria, by 2011.

A statement made available to Vanguard by the Indian High Commissioner to Nigeria Mahesh Sachdev, quoted the Chairman of Apollo hospital in India, Prathap Reddy as saying, “If the government has health as a priority and if they had given the stimulus for health, we would have probably created tremendous employment potentials.

“Still we have plans to open at least five more paediatric hospitals. Four of the 100 bed hospitals, costing 430-35 million each on average, will be in India, and another children’s hospital may be set up in Nigeria over the next 18-24 months”, he added.


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