Business

FG Concessions N1.56bn Abuja, Lagos Warehouses to MDS Logistics

The News Agency of Nigeria reported that the Director-General, Infrastructure Concession Regulatory Commission, Mr Chidi Izuwah; Minister of Health, Prof. Isaac Adewole, and the Minister of State for Health, Dr Osage Ehinire, attended the signing in Abuja.

Izuwah said that through the Public Private Partnership arrangement with MDS Logistics, the government would no longer have to appropriate large sums of money to effectively store medicines.

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He added, “This project is very key in primary healthcare delivery in the country. Some of the benefits of the project include a more efficient and integrated health sector supply chain management and effective storage of pharmaceutical commodities.

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“This project also integrates into our National Health Strategy which focuses on protecting our children from diseases and infection by providing a world-class facility for the storage of drugs.”

Adewole said that the ministry, having concluded its first PPP project, was looking into attracting more private investment into the health sector.

The Managing Director, MDS Logistics, Mr Taiwo Ajibola, pledged to keep to the terms and conditions of the agreement by effectively managing and improving the medical storage facilities.

Source: Punchng

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