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NSIA unveils 2 companies to expand healthcare delivery

Medvisit inaugurates second opinion service as demand grows

The Nigeria Sovereign Investment Authority (NSIA), managers of Nigeria’s Sovereign Wealth Fund, has announced the launch of two of its flagship companies – NSIA Advanced Medical Service Ltd (MedServe) and Equilease Systems Limited (EquiLease) to expand healthcare delivery in the country.

This comes amid the receipt on Tuesday of the Enugu State Medical Diagnostic Centre from the Enugu State Government under NSIA’s healthcare expansion programme.

The launch and handover ceremony took place at the facility of the diagnostic centre in Enugu.

MedServe is being set up to serve as the vehicle to deliver NSIA’s healthcare expansion objectives with a goal to provide high-quality and affordable healthcare services and ensure equitable geographic access to these services across the country.

The company will develop, equip, and operate NSIA’s expanding portfolio of healthcare centres and offer first-class medical services nationwide.

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On the other hand, EquiLease is a specialised equipment leasing service provider.

Conceived as a market disruptor, the company will provide medical equipment leasing services, leveraging its strategic advantage to catalyse investments in healthcare institutions and facilitating the acquisition of equipment to improve the quality of care in the country.

Equilease will partner with medical equipment manufacturers to offer innovative financing and leasing programs for advanced medical equipment. At the onset, it will offer services exclusively to MedServe as an anchor client.

The transfer of the Enugu State Medical Diagnostic Centre from the Enugu State Government is part of the three-part event.

Following the transfer, the centre will be rehabilitated and upgraded to deliver both diagnostic and oncology services covering automated laboratory services ranging from imaging to radiotherapy, chemotherapy, brachytherapy and much more.

The centre will be managed and operated by MedServe, while re-equipping will be delivered through the leasing services provided by EquiLease.

The official transfer followed the agreements signed in September 2022 that received the nod of both parties. The handover of the facility, therefore, marked the commencement of NSIA’s healthcare expansion programme, which will be executed in two phases.

Under the programme, the NSIA will develop 23 new modern medical diagnostic centres, three oncology centres, and seven catheterization laboratories across the country’s six geopolitical zones.

Commenting on the three-part event, Aminu Umar-Sadiq, the MD/CEO, NSIA said “Over the past five years, we have built a strong and successful portfolio of healthcare service delivery centres.