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Health Care

Health Care

The Lagos health sector presents a growing and untapped market opportunity for investors because it has the highest number of healthcare uptake in Nigeria

Health insurance penetration rate has increased from 0.43% in 2005 to about 3.46% in 2014.

Trade Incentives

Companies involved in the formulation and manufacture of pharmaceuticals qualifies for pioneer status incentive.

Tax related incentives include:
» Tax holiday of 3-5 years


Tax

Tax

» CIT – 30%
» ET – 2%
» WHT – 10%


Regulatory Bodies

» National Agency for Food and Drug Administration and Control
» National Health insurance Scheme
» Nigerian Medical Association
» Lagos State Ministry of Health