The Nigerian government has said the nation spends over $1billion annually on medical treatment abroad with the implication of tens of thousands accessing healthcare facilities outside the country on yearly basis. The challenges of the health system in the country over the years have been: poor health infrastructure, fake drugs, insufficient financial investment, inaccessibility to quality health care, poor hygiene, malnutrition, lack of sufficient health personnel, high mother-child mortality issues, and so on.

In a bid to address the menace that has bedeviled the healthcare system, Jamub Group of Companies signed a Memorandum of Understanding (MOU) with the National Guild of Producers and Importers, a body responsible for managing all producers and importers in Russia. The MOU which was signed principally to establish a business relationship between the body and Jamub Group was signed during the two-day Russia-Africa Summit recently held at Black Sea Resorts in Sochi.

Jamub Group agreed to partner Russia in building diagnostic centres and pharmaceutical factories, distribution of medicines as well as mass housing solutions. Elaborating on the impact of the partnership on the nation, the Group Managing Director, Prince Jacob Momoh said, “In line with Jamub’s objective to empower Nigerian youths and promote professionalism in the country, Jamub Group will be creating thousands of jobs for the teeming youth. We shall as well be contributing to the development of our healthcare system through interventions in advanced medical diagnosis, pharmaceutical manufacturing, among others. Specifically, we are going to be utilizing our capacity in providing world-class diagnostic centers across the nation, manufacturing drugs and health care facilities, and distributing drugs at avoidable prices to the masses.”

Speaking further Prince Momoh said, “We cannot take away the fact that the Federal Government have been doing a lot in improving the health care system of the country, however, the role of the private sector in complementing the efforts of the Federal Government cannot be overemphasized. Jamub Group will help in boosting the health care system by collaborating with world-class companies in Russia in helping to bring into Nigeria equipment and facilities that will further improve our healthcare system.”

It would be recalled that at the Russia-Africa Summit which seeks greater cooperation between Russia and the Africa Continent, Nigeria and Russia equally reached a number of bilateral agreements that will see the revitalization of long-abandoned Ajaokuta Steel Mill factory, construction of 1,400 kilometres rail track from Lagos to the South-South city of Calabar, harnessing the country’s oil and gas potentials, rehabilitation of the epileptic oil refineries through the establishment of framework for a joint venture between Nigerian National Petroleum Corporation (NNPC) and Russia-based leading oil company, Lukoil, among other things.


Freda Okhiria

Public Relations Officer,

Jamub Group of Companies