HEALTH SECTOR REFORMS ATTRACT $4.8bn IN INVESTMENTS – FG

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Vice President Kashim Shettima has said that the Federal Government’s reforms in the health sector have attracted over $4.8bn in investments.

The Vice President said the investments showed the commitment of President Bola Tinubu, to revitalise the healthcare system in Nigeria.

In a statement signed by Stanley Nkwocha, Senior Special Assistant to The President on Media & Communications (Office of The Vice President), Shettima disclosed the Commissioning and Grand Opening of Sahad Hospitals in Abuja, on Saturday.

“Our health sector calls upon us all to unite. The promise of this day is one we cannot overlook. It is through such collaboration and shared dedication that we can guarantee every Nigerian receives the care and support they deserve,”

“This Administration’s ambitious health sector reforms, which have already attracted over $4.8 billion in potential investments, signal a strong commitment to revitalising our healthcare system”.

He outlined the pillars of the government’s reforms in the sector to include transforming healthcare governance, improving population health outcomes, unlocking the healthcare value chain, and strengthening health security.

“These reforms are anchored on a comprehensive roadmap designed to address longstanding challenges, and central to this are four key pillars: transforming healthcare governance, improving population health outcomes, unlocking the healthcare value chain, and strengthening health security”, Senator Shettima said.

He further outlined initiatives launched by the Minister of Health and Social Welfare, Prof Muhammad Ali Pate, stating, “We have set out to achieve this by boosting domestic production of essential medical supplies and drugs, and by strengthening primary healthcare through the doubling of fully functional centres across the nation.”

The Vice President acknowledged the challenges that remain, regretting that “Nigerians continue to grapple with pressing healthcare challenges, such as surging costs of medicines, long hospital waiting times, and a shortage of health workers”.

He emphasised that the full impact of the reforms, particularly in improving access to quality healthcare, hinges on private sector involvement, noting that investing in the health sector would engage the talents and skills of citizens, and generate numerous job opportunities for graduates and technicians.

The VP also disclosed that the National Economic Council which he chairs, has prioritised investments in developing Nigeria’s human capital, with health and nutrition being key thematic areas.

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