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Sunday, April 27, 2025

FG seeks global investments in health manufacturing at IMF, World Bank meetings

The federal government is actively seeking global investments to boost local health manufacturing in Nigeria.

• April 26, 2025
Health minister Muhammed Ali Pate
Health minister Muhammed Ali Pate [credit : Rickett global hygiene ]

The federal government is actively seeking global investments to boost local health manufacturing in Nigeria.

This is contained in a statement by Alaba Balogun, the Ministry of Health and Social Welfare spokesperson, on Saturday.

According to the statement, the Coordinating Minister of Health and Social Welfare, Muhammad Pate, recently met with top global philanthropies and donors on the sidelines of the IMF/World Bank Spring Meetings in Washington, D.C.

The meeting aimed to provide the stakeholders with insights on how future investments and cooperative financing could be directed for the maximum benefit of Nigeria’s population.

Additionally, Mr Pate’s bilateral meeting with the incoming president of the World Health Assembly led to the establishment of a mission to the Asia-Pacific region to attract investments in Nigeria’s localised health services manufacturing.

The minister emphasised that President Bola Tinubu’s comprehensive reform of the nation’s health sector and his significant investments in the sector had garnered global attention, resulting in increased willingness among the international community to collaborate.

The meeting, held from April 21 to 26 in Washington, D.C., was attended by delegations from 190 countries.

(NAN)

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