U.S. $5 Million Incentives for Nigerian Pharm Industry
Sunday, October 26, 2014
A $5 million loan facility that will help the companies expand pharmaceutical and personal care services in Nigeria shall be provided by International Finance Corporation (IFC), a member of the World Bank Group which has announced an agreement with HealthPlus Limited and CasaBella International Limited.
It shall support the project in which Nigeria''s thrives for delivery of quality pharmaceutical and personal care products also creating more jobs, and contributing towards the improvement of health and well being in the Country.
As per the deal, IFC will help Health Plus and Casa Bella to setup a central distribution center in Lagos and further, expand their combined retail business network from 38 to 120 stores across Nigeria in the forthcoming years.
