President set to unlock billions of dollars of new investment into nation’s healthcare-delivery system
President Bola Tinubu has appointed Abdu Mukhtar to serve as the National Coordinator of the Presidential ‘Unlocking Healthcare Value-Chain’ Initiative.
Mukhtar, who is the immediate past Director of Industry and Trade Development at the African Development Bank (AfDB), will be heading the initiative which is domiciled under the Federal Ministry of Health and Social Welfare.
This disclosure is contained in a statement issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Tuesday, November 7, 2023.
Ngelale noted that with the appointment of Mukhtar, President Tinubu seeks to unlock billions of dollars of new investment into the nation’s healthcare-delivery system through a time-bound and cross-ministerial collaboration.
Ngelale in his statement said that Mukhtar is expected to restructure the ecosystem of Health Product manufacturing, Health Logistics services, Health Technology services, Health Retail services (e-Commerce), Health Provider facilitation, and Health Payor reform (Third Party Administrators & Insurers).
The statement reads, ‘’President Bola Tinubu has approved the appointment of Dr. Abdu Mukhtar to serve as the National Coordinator of the Presidential ‘Unlocking Healthcare Value-Chain’ Initiative, which is domiciled under the Federal Ministry of Health & Social Welfare.
‘’This strategic approval seeks to unlock billions of dollars of new investment into the nation’s healthcare-delivery system through a time-bound and cross-ministerial collaboration to restructure the ecosystem of Health Product manufacturing, Health Logistics services, Health Technology services, Health Retail services (e-Commerce), Health Provider facilitation, and Health Payor reform (Third Party Administrators & Insurers) in order to achieve the following:
- Measurable increase in the domestic manufacturing of generic pharmaceuticals, vaccines, biologics, and devices.
- Reduction of outbound medical tourism by enhancing service quality in Nigeria while catalyzing alternative health ecosystems in-country.
- Measurable increase in quantity of quality jobs across the value chain through enhanced FDI and local capital mobilization.
‘’Dr. Mukhtar comes to the task as the immediate past Director of Industry & Trade Development at the African Development Bank (AfDB). Prior to joining the AfDB, Dr. Mukhtar served as the Group Chief Strategy Officer of the Dangote Group of Industries, where he played a key role in the conglomerate’s expansion of its cement production footprint into fourteen African countries, in addition to important joint ventures in the power, oil & gas, and agriculture sectors. This followed a four-year tenure as the Chief Executive Officer of the FCTA’s Abuja Investment Company Limited from 2007 to 2011.
‘’Dr. Mukhtar holds a Doctorate in Biotechnology from Boston University (USA); a Masters in Business Administration from Harvard Business School (USA); a Masters in Public Policy from Harvard’s Kennedy School of Government, and a Medical Degree from Ahmadu Bello University, Zaria.
‘’The President expects that the National Coordinator of this new cross-ministerial initiative will bring to bear his vast experience and academic qualifications in the effective execution of this essential national assignment such that the massive economic boon represented by Nigeria’s healthcare-delivery system can move from potential and theory into reality and practice in accordance with the Renewed Hope Agenda of his administration.’’
