Nigeria is set to strengthen its economy and healthcare system with a major boost to the health sector: the 2025 budget has been increased by 60 percent, marking a bold investment in human capital and national development.
The announcement was made by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, at the 2025 Health Sector-Wide Joint Annual Review in Abuja.
In a statement issued by the Ministry’s Director of Information, Mohammed Manga, Edun praised the Coordinating Minister of Health and Social Welfare, Ali Pate, for his leadership, innovation, and commitment to health sector reforms. He highlighted that Nigeria’s health initiatives have become a model of accountability and have gained international recognition.
Edun further revealed that the 2025 health budget has risen by nearly 60 percent, while the Basic Health Care Provision Fund (BHCPF) has more than doubled, from ₦131 billion in 2024 to a projected ₦298 billion in 2026. He also disclosed plans to mobilize ₦150 billion for vaccine procurement, emphasizing that the health sector is both a social priority and a catalyst for private sector growth.
“The health sector stands out for its transparency and impact. It demonstrates how good governance can attract investment and deliver inclusive growth,” Edun said.
In his remarks, Pate welcomed the fiscal commitment and pledged continued innovation and partnerships to strengthen Nigeria’s healthcare system.
The Federal Government’s increased health budget underscores its dedication to citizens’ welfare and national economic growth, paving the way for a healthier and more prosperous Nigeria.