Private Sector Expectations and Priorities

Health

  • Establish a credible health insurance system by empowering the National Health Insurance Scheme as payment security for users, thus meeting buy-side demand. Ensure reduction of capital flight in the sub-sector through medical tourism by increasing investment in the sector, establishing world class hospitals and diagnostic centres.
  • Develop strategies to stop the ‘brain drain’ of qualified healthcare personnel.
  • Create regional centres of excellence related to common specialty fields.
  • Consider a private financing initiative as in the UK, where hospital infrastructure is built by the private sector under a concession and the concessionaire is paid a unitary charge for managing the hospital and other ancillary services (catering, laundry, etc.);

Education

  • Build targeted research institutes with linkages to industry.
  • Implement the 10-year Strategic Plan which calls for greater private sector and industry participation in curriculum design at all levels as well as commitment to PPPs.
  • Initiate a coherent policy focused on enhancing technical education and a conscious effort to develop technical and vocational education to support planned infrastructure expansion.

To enable increased private sector participation in the sector, the following strategies were identified.

  • Concession tertiary hospitals (not to include medical colleges, e.g., Lagos University Teaching Hospital) under a PPP and introduce management contracts where necessary.
  • Concession all failed/abandoned federal and state hospital projects deemed attractive by the private sector.
  • Provide basic educational facilities in line with United Nations MDGs.
  • Ensure adequate electricity supply in schools.
  • Improve broadband, including rural broadband access.
  • Create centres of excellence in one university, polytechnic, and college of education in each of the six regions.
  • Build targeted research institutes linked to industry.