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$1bn Spent Annually On Medical Tourism By Nigerians

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The need for Nigeria’s government to ensure that the medical institution is functional as again been stated by the Chief Executive Officer of Nigeria Sovereign Investment Authority, Uche Orji .

Orji has said that about 30,000 Nigerians spent $1 billion annually on medical tourism, which he disclosed while speaking at a side session of the just concluded World Economic Forum on Africa, organised by PriceWaterhouseCoopers, PWC.

He maintained that opportunities abound in the Nigerian healthcare sector for private sector participation, if the affluent class had the will and determination to end the capital flight.

He appealed for a robust investment so the money can be channelled back in the local economy.

According to him, 60 per cent of the said amount is spent in four major areas of healthcare, namely: cardiology, orthopaedic, renal dialysis issues and cancer.

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