adplus-dvertising
Business News

2025 Budget: Tinubu allocates N2.48 trillion for healthcare revitalization  

WATCH THE VIDEO HERE

President Bola Tinubu has allocated N2.48 trillion to the healthcare sector in the 2025 budget, representing 5.18% of the total ₦47.9 trillion budget.

In his address during the presentation of the 2025 Appropriation Bill to the National Assembly, Tinubu emphasized that the budget, titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” focuses on security, infrastructure, and human capital development as core priorities of his administration.

The President announced several significant budget allocations, with N2.48 trillion earmarked for healthcare, this allocation is the fourth highest, covering key areas such as infrastructure, basic healthcare, and human capital development.

Additionally, N4.91 trillion was allocated for defense and security, N4.06 trillion for infrastructure, and N3.52 trillion for education.

He highlighted the government’s commitment to Universal Health Coverage initiatives, which aim to strengthen primary healthcare systems across Nigeria.

“In this way, we have allocated 402 billion naira for infrastructure investments in the health sector in the 2025 Budget and another 282.65 billion naira for the Basic Health Care Fund,” Tinubu stated.

According to the president, Nigerian hospitals will be revitalized with medication and better resources, ensuring quality care for all Nigerians.  

“This is consistent with the Federal Government’s planned procurement of essential drugs for distribution to public healthcare facilities nationwide, improving healthcare access and reducing medical import dependency,” he said. 

Comparative analysis of healthcare budgets 

The 2024 federal health budget for Nigeria was ₦1,502,849,443,353, which constituted 5.46% of the total proposed expenditure.

WATCH FULL VIDEO

WATCH THE VIDEO HERE