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Finance

Nigeria Seeks New Financing to Boost Health Sector Capacity

Fanwo Richard
Last updated: February 1, 2026 11:20 am
By
Fanwo Richard
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 The Federal Government of Nigeria is exploring innovative financing options to strengthen the health sector, as policymakers and development partners seek sustainable funding to improve healthcare delivery and expand access to essential services.

At a recent health financing forum in Abuja, government officials highlighted the need to diversify funding sources for health beyond traditional budget allocations. Proposed approaches include health bonds, public‑private partnerships (PPPs), and increased engagement with international development organisations to mobilise long‑term capital for hospitals, primary healthcare centres, and disease‑control programmes.

Experts at the event said that Nigeria’s healthcare infrastructure remains underfunded, contributing to gaps in service delivery, medical equipment shortages, and challenges in responding to public health emergencies. They stressed the importance of strengthening fiscal mechanisms that can support preventive care, maternal and child health programmes, and the rollout of universal health coverage.

Dr. Salisu Muhammad, a health economist, said, “Mobilising sustainable financing is critical if Nigeria is to meet its health goals and reduce reliance on out‑of‑pocket spending by citizens.”

Officials also noted ongoing discussions with regional development banks and the World Bank on potential loan facilities and technical assistance aimed at building resilient health systems.

Stakeholders believe that innovative health financing could unlock resources for modernising facilities, training healthcare workers, and expanding access in underserved rural communities.

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