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Nigeria Govt Raises Health Budget by 60% To Strengthen Economy And Human Capital

Nigeria Govt Raises Health Budget by 60% To Strengthen Economy And Human Capital
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At the 2025 Health Sector-Wide Joint Annual Review in Abuja, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, reaffirmed that health investment lies at the heart of Nigeria’s economic transformation agenda.

Commending Dr. Muhammad Ali Pate, the Honourable Minister of Health and Coordinating Minister of Social Welfare, for his “capacity, capability, and innovation,” HM Edun said Nigeria’s health reforms have become a model of accountability and international recognition.

He revealed that the 2025 health budget has increased by nearly 60%, while the Basic Health Care Provision Fund has more than doubled. From ₦131 billion in 2024 to a projected ₦298 billion in 2026. He also confirmed plans to mobilise ₦150 billion for vaccine procurement, underscoring health as both a social priority and a growth catalyst for the private sector.

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“The health sector stands out for its transparency and impact. It demonstrates how good governance can attract investment and deliver inclusive growth,” Mr. Edun said.

In response, Dr. Pate welcomed the fiscal commitment, pledging continued innovation and partnership to strengthen Nigeria’s healthcare system.

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𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!

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