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Nigeria boasts a population ripe with potential for bolstering the health workforce, addressing existing gaps within the nation, and tapping into export opportunities. Annually, Nigerians allocate approximately $1.9 billion towards medical tourism, with a significant portion, 60%, directed to four key specialties: Oncology, Orthopedics, Nephrology, and Cardiology. Recognizing the immense value in developing specialist hospitals, the Federal Government actively seeks public-private partnerships, acknowledging the need for capital infusion into the sector to foster its growth and advancement.

Sector Specific Incentives

Complete tax holiday from all forms of taxes, rates and levies Enjoy immigration waiver on expatriate quota

Industry Tailored Benefits

Permission to sell 100% of goods into domestic market One-stop approvals for permits, operating license 100% foreign ownership of investments

Legislative Framework and Investment Avenues

The National Health Act of 2014 (Act No. 8 of 2014) establishes a comprehensive framework for regulating, developing, and managing the national health system. It sets forth standards for delivering health services across the federation, offering clear guidelines and regulations for stakeholders operating within the healthcare sector.

- Explore new frontiers in investment with opportunities in medical parks and super-specialist hospitals.

- Seize the potential in manufacturing hospital and laboratory consumables, as well as safety equipment, to meet the increasing demand within the healthcare sector.

- Drive progress by expanding molecular laboratories and treatment centers throughout Nigeria.

Regulatory Authorities

Federal Ministry of Health

National Biotechnology Development Agency (NABDA)

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+234 903 350 9001