Edun Leads Health Investment as Engine for Job Creation and Nation’s Economic Growth
Oru Leonard
A landmark healthcare investment deal takes centre stage as Nigeria pushes for economic diversification and growth when the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, attended the signing of a landmark agreement in Abuja, between the Nigeria Sovereign Investment Authority (NSIA), the International Finance Corporation (IFC), and MedServe, aimed at expanding access to diagnostics, oncology, and cardiology services nationwide.
The Minister reaffirmed President Bola Ahmed Tinubu’s commitment to strengthening healthcare through increased investment and effective public private partnerships, noting that recent budget gains reflect a clear focus on building resilient social infrastructure. He highlighted NSIA’s expanding oncology network as proof that world class healthcare assets can be built locally, creating jobs, attracting capital, and reducing Nigeria’s multibillion dollar medical tourism spend.
HM Edun underscored healthcare as both a public necessity and a growth sector, stressing that stronger domestic capacity boosts productivity, keeps capital within the economy, and supports long term human capital development. He also commended IFC’s role, describing the agreement as a scalable model that combines financing and technical expertise to unlock private investment and widen access to care, with additional support from the World Bank (WB).
The Minister called for replication of the NSIA MedServe model across other sectors, describing it as a template for inclusive growth, stronger public services, and long term economic resilience.
This partnership signals a bold step towards self-reliance in healthcare, unlocking jobs, and keeping Nigeria’s capital at home.
(FMOF Press, February 5, 2026)
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