The Business Exchange: How Business Works
Aug 1, 2026 · 32 min · 8 segments
On this episode of the business exchange, we examine the future of healthcare in Nigeria and how increased investments and collaboration will help not only to save lives but to grow the Nigerian…
As you were speaking, I tried to match the issue around diagnostics and how that can significantly reduce medical tourism.
Because last year alone, the data we have, or at least I see, is that the spend is over $100 billion on just medical tourism.
And if you analyze, over 60% of this tourism ties with people going abroad to diagnose exactly what they have because they don't have the right equipment in Nigeria to do that.
So this is where diagnostics really play a very significant role in reducing the medical tourism, the spend on the currency.
And the more we see that and the more we have this kind of infrastructure, then the more we spend less going abroad to check things out that we don't have facilities for in Nigeria.
It improves the health outcomes and reduces overall the spend on medicine later on in life.
So I must say that Roche is sitting at a very critical area within the health care space.
And the more we see the expansion and the plans improve and expand this infrastructure, the more we believe that people really should know about the work you're doing.
And so this ties to the theme of this conversation today, saving lives, ramping up health care, And by so doing also, economies are improved.
I mean, I wanted to go on and on because there are other things, other areas like issues around counterfeits and great devices.
Just wondering if you're seeing or having these kinds of things, parallel trade.
I don't know if you have time for us because considering that we asked for 30, 40 minutes of your time.
This definitely does not have to be the only time that we meet and we talk about these important topics regarding healthcare and healthcare access.
So yes, I'm more than happy to meet with you again and continue the conversation.
As you were speaking, I tried to match the issue around diagnostics and how that can significantly reduce medical tourism.
Because last year alone, the data we have, or at least I see, is that the spend is over $100 billion on just medical tourism.
And if you analyze, over 60% of this tourism ties with people going abroad to diagnose exactly what they have because they don't have the right equipment in Nigeria to do that.
So this is where diagnostics really play a very significant role in reducing the medical tourism, the spend on the currency.
And the more we see that and the more we have this kind of infrastructure, then the more we spend less going abroad to check things out that we don't have facilities for in Nigeria.
It improves the health outcomes and reduces overall the spend on medicine later on in life.
So I must say that Roche is sitting at a very critical area within the health care space.
And the more we see the expansion and the plans improve and expand this infrastructure, the more we believe that people really should know about the work you're doing.
And so this ties to the theme of this conversation today, saving lives, ramping up health care, And by so doing also, economies are improved.
I mean, I wanted to go on and on because there are other things, other areas like issues around counterfeits and great devices.
Just wondering if you're seeing or having these kinds of things, parallel trade.
I don't know if you have time for us because considering that we asked for 30, 40 minutes of your time.
This definitely does not have to be the only time that we meet and we talk about these important topics regarding healthcare and healthcare access.
So yes, I'm more than happy to meet with you again and continue the conversation.
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