At the 2025 Health Sector Wide Joint Annual Review in Abuja, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasized that strategic investment in health is central to Nigeria’s economic transformation agenda.

Commending Dr. Muhammad Ali Pate, the Honourable Minister of Health and Coordinating Minister of Social Welfare, for his “capacity, capability, and innovation,” Mr. Edun noted that Nigeria’s health reforms have gained international recognition for their transparency and accountability.

The Minister revealed that the 2025 health budget has increased by nearly 60 percent, while the Basic Health Care Provision Fund has more than doubled from ₦131 billion in 2024 to a projected ₦298 billion in 2026. He also confirmed plans to mobilize ₦150 billion for vaccine procurement, highlighting health as both a social priority and a catalyst for private sector growth.

“The health sector stands out for its transparency and impact. It demonstrates how good governance can attract investment and deliver inclusive growth,” Mr. Edun said. In response, Dr. Pate welcomed the fiscal commitment, pledging continued innovation and partnership to strengthen Nigeria’s healthcare system.