Abuja, Nigeria – Nigeria’s healthcare sector is set to experience a significant boost with an investment of $100 million from Padiyath Healthcare, an Indian multinational healthcare provider. This announcement was made by the company’s Chairman, Dr. Hazeeb Padiyath, during an address in Abuja on the sidelines of the official visit of Indian Prime Minister Narendra Modi to Nigeria.
Dr. Padiyath revealed that the investment will focus on enhancing advanced diagnostics and providing affordable treatment options for Nigerians, ensuring access to world-class healthcare services. The initiative marks a significant step in strengthening Nigeria-India investment relations, particularly in the healthcare sector.
As part of this long-term investment drive, Padiyath Healthcare is set to launch a series of state-of-the-art medical facilities in the country. The first of these is the Padiyath Mayfields Hospitals, a 300-bed tertiary care hospital currently under construction in Suncity Estates, Galadimawa, Abuja. Once completed, it will be Nigeria’s largest private-sector hospital. Dr. Padiyath emphasized that the hospital will feature advanced diagnostic equipment, the first of its kind in West Africa, and is expected to be operational by February 2025.
In addition to the Abuja-based hospital, Padiyath Healthcare is also establishing the Padiyath Cancare Hospitals, a 200-bed world-class cancer institute. This facility will specialize in cancer treatment, equipped with cutting-edge technologies, including a PET scan, linear accelerator, and Gamma knife, offering comprehensive cancer care for patients across Nigeria and the wider West African region.
Dr. Padiyath highlighted that the Padiyath Group’s Africa expansion is part of his vision to provide accessible, high-quality healthcare across the continent. The company already has operations in India, the Middle East, and Africa, and its investments in Nigeria are expected to contribute significantly to the nation’s healthcare infrastructure.
The developments are seen as a major step towards improving the quality and affordability of healthcare in Nigeria, offering Nigerians access to modern treatment options that were previously unavailable locally.