About Us
A Federal mandate to transform healthcare.
Unlocking Nigeria's healthcare value chain — a national priority delivered under the Presidency and the leadership of the Coordinating Minister of Health & Social Welfare.
Who we are
A strategic government initiative — built to unlock investment.
The Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC) was established by His Excellency, President Bola Ahmed Tinubu, in October 2023 under the Renewed Hope Agenda.
Operating under the Presidency and the leadership of the Coordinating Minister of Health and Social Welfare, PVAC aims to unlock billions in new investment into Nigeria's healthcare delivery system.
Our History
From Presidential directive to a $1.2 billion+ pipeline.
In under two years PVAC has moved from inception to active pipeline-building across ten development finance institutions and the design of Nigeria's first dedicated healthcare blended-finance vehicle.
October 2023
PVAC established by Presidential directive
President Bola Ahmed Tinubu inaugurates the Presidential Initiative for Unlocking the Healthcare Value Chain under the Renewed Hope Agenda, operating under the Presidency.
October 2023
Dr. Abdu Mukhtar appointed National Coordinator
Dr. Abdu Mukhtar takes the helm of the PVAC Secretariat to lead Nigeria's medical industrialization drive.
August 2024
Bank of Industry partnership initiated
PVAC engages BOI on what becomes 16+ pipeline transactions, with 10 companies later completing full documentation pending bank guarantees.
October 2024
Presidential Executive Order signed
11 October 2024 — Order on Unlocking Healthcare Value Chains issued, removing duties and VAT on raw materials, packaging and consumables for local pharma and medical-device manufacturing.
November 2024
European Investment Bank engaged
8 investment teasers shared with EIB; one company progresses to no-contest approval and advanced documentation.
January 2025
NSIA pipeline opened
5 PVAC-backed teasers shared with NSIA, with 2 advancing to KYC. NSIA offers mixed Naira / dollar debt to manage forex risk.
April 2025
African Development Bank pipeline
16 one-pagers shared with AfDB; 4 companies shortlisted for advanced review.
October 2025
National Stakeholder Workshop
Three-day convening (8–10 October) consolidating manufacturer, regulator and DFI input on the path to 70 % local production by 2030.
March 2026
Lafiya Fund design completed
PVAC unveils the design for a $200M blended-finance vehicle targeting Nigeria's underserved healthcare SMEs.
Our Mission
To unlock new investment to accelerate Nigeria's healthcare value-chain transformation — by expanding private-sector participation and fostering cross-institutional coordination and collaboration.
Our Vision
To transform Nigeria into one of the world's key emerging hubs of health products and technologies — manufacturing, R&D and service delivery at global scale.
How we work
Two activities, one goal.
Opportunity Origination & Support
Identifying and supporting the execution of investment and technology-transfer opportunities — investor roadshows, technology-transfer support, deal facilitation.
Partnership & Ecosystem Strengthening
Equipping the healthcare and life-sciences ecosystem with the policy, advocacy and institutional support essential to achieving PVAC's outcomes.
Leadership
Dr. Abdu Mukhtar — National Coordinator
Leads the PVAC Secretariat and day-to-day delivery of the mandate.
Engage with PVAC
Join the value-chain transformation.
Investors, manufacturers, regulators, academics, development partners — every pillar of the healthcare value chain has a seat at the table. Tell us where you fit.