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Nigeria’s Health Sector Set For Revamp With $4.8bn Investment – VP Shettima

Last updated: August 31, 2024 8:07 pm
10 months ago Tienabeso Bibiye
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2 Min Read
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Vice President, Kashim Shettima

Vice President Kashim Shettima has announced that the federal government’s health sector reforms have already attracted over $4.8 billion in potential investments.

According to him, the investments are part of the commitment of the administration of President Bola Ahmed Tinubu to revitalising Nigeria’s healthcare system.

Speaking at an event in Abuja on Saturday, Shettima outlined a comprehensive strategy to address longstanding challenges and propel Nigeria’s healthcare system into the future.

The Vice President noted that the health sector reforms under the Tinubu administration are anchored on a robust roadmap designed to tackle persistent issues that have plagued the system for decades.

He said the Tinubu Administration’s ambitious health sector reforms, which have already attracted over $4.8 billion in potential investments, signal a strong commitment to revitalising the country’s healthcare system.

Detailing government’s strategy, the vice president highlighted initiatives launched by the Minister of Health and Social Welfare, Prof Muhammad Ali Pate saying, “We have set out to achieve this by boosting domestic production of essential medical supplies and drugs, and by strengthening primary healthcare through the doubling of fully functional centres across the nation.”

The Vice President acknowledged the challenges that remain, regretting that “Nigerians continue to grapple with pressing healthcare challenges, such as surging costs of medicines, long hospital waiting time, and shortage of health workers”.

He emphasised that the full impact of the reforms, particularly in improving access to quality healthcare, hinges on private sector involvement.

Senator Shettima revealed that the National Economic Council (NEC), which he chairs, has prioritised investments in developing Nigeria’s human capital, with health and nutrition being key thematic areas.

Editor: Ena Agbanoma

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