For the first time in the history of health funding in Nigeria, over a trillion Naira was allocated to the sector in the proposed 2023 budget.
An analysis of the proposed budget presented by President Muhammadu Buhari last week shows that N1.17 trillion was allocated to the health sector out of the total of N20.5 trillion for the 2023 fiscal year.
The amount comprises of N404.08 billion for capital expenditure and N580.82 for recurrent expenditure. It also includes N2.5 billion for Aid & Grants and a provision of N62 billion for retained independent revenue which could help the health agencies execute their other activities.
The health sector also gets N81.47 billion under the service-wide vote. This includes N69.57 billion for GAVI/immunisation; N7.4 billion for counterpart funding including global fund, health refund to GAVI and N4.4 billion for military retirees under the National Health Insurance Scheme (NHIS).
The 2023 budget shows a significant increase from the…
