Home Uncategorized Nigeria’s Health Sector Reforms Attracts Over $4.8bn Investment – VP Shettima

Nigeria’s Health Sector Reforms Attracts Over $4.8bn Investment – VP Shettima

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The Vice President, Senator Kashim Shettima, has announced that the federal government’s health sector reforms have already attracted over $4.8 billion in potential investments.

According to him, the investments are part of the commitment of the administration of President Bola Ahmed Tinubu to revitalising Nigeria’s healthcare system.

Disclosing this on Saturday at the commissioning and grand opening of Sahad Hospitals in Abuja, Senator Shettima outlined a comprehensive strategy to address longstanding challenges and propel Nigeria’s healthcare system into the future.

“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,” he declared.

The Vice President noted that the health sector reforms under the Tinubu administration are anchored on a robust roadmap designed to tackle persistent issues that have plagued the system for decades.

He said, “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.

“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.”

Detailing the government’s strategy, Senator Shettima highlighted initiatives launched by the Minister of Health and Social Welfare, Prof Muhammad Ali Pate saying, “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.

“Our private sector is a critical part of the solution, especially in the face of the long-standing brain drain among our medical workforce.

“Investing in the health sector engages the talents and skills of our citizens, generating numerous job opportunities for graduates and technicians. This is a notable aspect of our national development narrative,” the Vice President explained.

Senator Shettima revealed that the National Economic Council (NEC), which he chairs, has prioritised investments in developing Nigeria’s human capital, with health and nutrition being key thematic areas.

“Each of our state governors is fully on board. We have all acknowledged that no nation can optimise its opportunities without investing in its healthcare, and for us, this is only the beginning,” he assured.

Reiterating the administration’s commitment to the goal, the VP said, “We welcome this intervention, not just because it aligns with the agenda of President Bola Ahmed Tinubu, who has demonstrated his commitment to unlocking Nigeria’s healthcare value chain, but also because of its far-reaching implications for our national development.

The Vice President described the Chairman/Founder of Sahad Group of Companies, Alhaji Ibrahim Mijinyawa, as a good and trustworthy businessman, even as he recounted how he intervened when Sahad Stores Ltd was locked up by the Federal Competition and Consumer Protection Commission (FCCPC).

He stated: “When the FCCPC locked up his store, I had to call the head of the agency to say, ‘Please, reopen the store before you come and tell me what happened’. I did so because I know how helpful Sahad Stores is to many Nigerians

On his part, the Deputy Senate President and Chairman of the occasion, Senator Barau Jibrin, on said words are not enough to thank the Chairman of the hospital, Alhaji Mijinyawa, for his philanthropy, good quality services to the less privileged people, assuring that Sahad Hospitals will not be an exception.

Senator Jibrin who was represented at the event by Senator Garba Musa Maidoki said he was looking forward to seeing the hospital serve humanity, both high and low-income Nigerians, even as he urged the hospital authorities to liaise with other NGOs that finance medical services for the less privileged so that the people of the community who have been displaced can have access to the facility.

Also, the Minister of State for Health and Social Welfare, Dr. Tunji Alausa, thanked the Chairman of the hospital, saying the hospital does not only mark a new chapter of healthcare in Nigeria but a celebration of a vision that exemplifies what could be achieved when public-spirited individuals invest in the health of their fellow citizens.

Noting that the commissioning of the 200-bedded Sahad Hospital is a testament to the unwavering commitment of a private citizen, he said Alhaji Mijinyawa has taken a bold step to complement the efforts of the federal government in improving quality healthcare for citizens.

The Minister said the challenges of healthcare services today are multifaceted, requiring more innovative efforts from both the government and private sector.

Sahad Hospital has a 200-bedded capacity with seven operating theatres, 13 dialysis machines, as well as 10-bedded ICU units.

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