FG Allocates N1.3 trillion, 4.6% of its 2024 Fiscal Year Budget to Nigeria’s Health Sector

the Federal Government has earmarked a total of N1.3trn for the health sector in the 2024 fiscal year budget of over N28.Trillion.

However, this allocation represents 4.6% of the total budget, deviating significantly from the 2001 Abuja Declaration’s recommendation that African governments allocate a minimum of 15% of their annual budget to the health sector.

The 15% benchmark set by the Abuja Declaration is intended to ensure adequate funding for healthcare services and infrastructure development to enhance the overall well-being of the populace.

Both the medical and dental consultants’ association of Nigeria referred to the budget allocation as inadequate, calling on all governments to increase budgetary allocations to the health sector.

This budgetary allocation raises concerns about meeting the healthcare needs of the nation, especially given the persistent challenges faced by the health sector.

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