Nigeria Raises Health Budget By 60% To Strengthen Human Capital

By Barth Ikiebe

Nigeria has reaffirmed that health investment lies at the heart of its economic transformation agenda.

At the 2025 Health Sector-Wide Joint Annual Review in Abuja, the Finance and Coordinating Minister of the Economy, Mr Wale Edun
Commended Professor Muhammad Ali Pate, the Health and Coordinating Minister of Social Welfare, for his capacity, capability, and innovation.

Mr Edun said that 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.

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

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

Our Correspondent reports that the Federal Government’s substantial investment in the health sector is a testament to its unwavering commitment to the welfare of citizens and the nation’s economic growth, paving the way for a healthier, more prosperous Nigeria.