The Federal Government of Nigeria has announced a 60% increase in the national health budget as part of its commitment to strengthening human capital and driving inclusive economic growth.
Speaking at the 2025 Health Sector-Wide Joint Annual Review held in Abuja, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, reaffirmed that sustained investment in health remains central to Nigeria’s economic transformation agenda.
Commending the Honourable Minister of Health and Coordinating Minister of Social Welfare, Dr. Muhammad Ali Pate, for his “capacity, capability, and innovation,” Mr. Edun described Nigeria’s ongoing health reforms as a model of accountability, transparency, and international recognition.
He disclosed that the 2025 health budget has risen by nearly 60%, while allocations to the Basic Health Care Provision Fund (BHCPF) have more than doubled—from ₦131 billion in 2024 to a projected ₦298 billion by 2026. The Minister also revealed that the government plans to mobilise ₦150 billion for vaccine procurement, emphasizing that investment in health is not only a social priority but also 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,”
— Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy
In response, Dr. Pate welcomed the increased fiscal commitment, reaffirming the Ministry’s dedication to innovation, accountability, and partnership in strengthening Nigeria’s healthcare system and improving outcomes for citizens.
