FEC Approves $1.07 Billion for Health Reform, HIV Treatment Expansion

The Federal Executive Council (FEC) has approved a total of $1.07 billion in financing to support healthcare sector reforms under the Human Capital Opportunities for Prosperity and Equity (HOPE) program.

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Additionally, N4.8 billion has been earmarked for expanding HIV treatment across Nigeria, marking a significant boost to the nation’s healthcare system.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced the approval, revealing that the World Bank’s International Development Association (IDA) is providing two concessional loans of $500 million each, along with a $70 million grant from international partners.

The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, emphasized that the HOPE program aligns with the administration’s human capital development agenda.

He noted that the funding will be channeled into strengthening healthcare governance, enhancing primary healthcare services, and addressing critical workforce needs in the health and education sectors.

“This financing will support the recruitment, training, and retention of healthcare workers and teachers at the subnational level,” Prof. Pate stated. “Additionally, $500 million will go towards improving the quality, utilization, and resilience of primary healthcare, including emergency maternal and child health services.”

As part of broader healthcare reforms, FEC also approved N4.8 billion for the procurement of 150,000 HIV treatment packs over the next four months. Prof. Pate highlighted that this initiative reflects the government’s commitment to expanding access to life-saving treatment while reducing healthcare costs for vulnerable populations.

In a related development, FEC deliberated on the impact of recent U.S. policy changes on Nigeria’s health programs, particularly regarding HIV, tuberculosis, and malaria funding. A multi-ministerial committee, comprising representatives from the Ministries of Finance, Health, Defense, and Environment, along with the Governors’ Forum, has been established to develop a transition and sustainability plan to mitigate potential funding disruptions.

“This administration is committed to ensuring that those receiving treatment do not experience interruptions,” Prof. Pate assured. “We appreciate the U.S. government’s contributions over the years and remain committed to a constructive partnership while strengthening Nigeria’s healthcare system with domestic resources.”

The approval of these funds underscores President Bola Ahmed Tinubu’s commitment to healthcare investment, human capital development, and financial sustainability, setting the stage for transformative improvements in Nigeria’s social services sector.