There is a concession agreement between the Nigerian government and NISA Premier Hospital on the management of Garki General Hospital, valued at about 361.1 billion Naira.

That 15-year agreement was signed in 20017 after it was approved by the Federal Executive Council.

Now, the Nigerian government is considering extending the agreement to ensure the hospital continues to offer a continued to offer efficient heathcare service to persons that use the hospital.

The acting Director-General, Infrastructure Concession Regulatory Commission (ICRC), Mr Chidi Izuwah, gave a hint of the planned agreement renewal on Thursday in Abuja during a Monitoring and Supervision visit by the ICRC Management team to Garki Hospital.

He said that before the hospital was concessioned in 2007, it had been closed for six years and lacked basic healthcare infrastructure.

READ MORE INTERESTING STORIES FOR FREE. DOWNLOAD BOUNCE NEWS APP HERE

Mr Izuwah commended the management of Nisa Premier for transforming the general hospital into a world class hospital under 10 years.

“ICRC is concerned about the infrastructure development of Nigeria, so any initiative using the Public-Private Partnership model, we will support in the interest of Nigeria.

“We are aware that efforts have been made by the PPP manager of Garki Hospital in terms of facelift, provision of hospital utilities and equipment, recruitment of qualified doctors and nurses to ensure that this serves as a model for hospital PPP in Nigeria.

“We are here therefore to further encourage you to do more, because we believe you can do more.

“We want you to convince us that there is justification for government to further partner with Nisa Premier upon the expiration of the current concession agreement,’’ he said.

Earlier, the Founder, Nisa Premier, Dr Ibrahim Wada urged the government to extend the concession agreement for the management of Garki General Hospital to sustain and improve present achievements in efficient heathcare delivery.

Giving reasons for this demand, Wada who is also the Vice Chairman, Garki Hospital, said that from 2007 till date, Nisa Premier had invested 4.63 billion Naira in modern medical equipment and repairs of Garki Hospital.

“The huge investment we have made, has also increased our debt profile which currently stands at 800 million Naira. These long term investments need time for us to recoup investment and make profit.

“It is our grave concern that the remaining term of the concession will not be enough for us to take benefit from our investments.

Also Read: Hospital Sacks 2 Doctors For Wrongly Declaring Baby Dead

“Conscious of the fact that the term of the concession would lapse in four years and bearing in mind the provision of Article 19:13 of the Concession Agreement, we must respectfully seek a review of the concession beyond 2022,’’ he said.

An extension of the concession agreement will see Nisa Premier further invest another 100 billion Naira over the next 30 years, to transform Garki Hospital into an international hospital.

WATCH WHERE DEAD RED BLOOD CELLS GO IN YOUR BODY