Thousands Of Nigerians Spend $1bn Annually On Medical Tourism – Orji

About 30,000 Nigerians spend $1 billion on medical tourism annually, Chief Executive Officer of Nigeria Sovereign Investment Authority, Uche Orji has disclosed.

Orji spoke at a side session of the just concluded World Economic Forum on Africa, organised by PriceWaterhouseCoopers, PWC.

He stated 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 and invest the money back in the local economy.

According to him, 60 per cent of the $1 billion is spent in four major areas of healthcare, namely: cardiology, orthopaedic, renal dialysis issues and cancer, saying those entrepreneurial opportunities abound in the field only for those who could seize the opportunity by redirecting the cash flow into the comatose local health sector.