Except for maybe Evercare, Reddington, and a very few others, it is very difficult to point at private hospitals who have more than 100-bed capacity. What we see is a plethora of small, privately owned hospitals.
How then do you convince investors to put money in this sector? Also, without scale, how can doctors and other medical professionals ever get paid well?
To be clear, healthcare is essential (because the demand is inelastic), however the business in Nigeria suffers from a "missing middle". There are two extreme ends.