This article was originally published in The Daily Trust
Following the economic recession of 2016, the Nigerian government developed an Economic Recovery and Growth Plan for 2017-2020 with three broad strategic objectives: restoring growth; investing in human capital; and building a globally competitive economy that achieves agriculture and food security, industrialization, improved transport infrastructures and energy sufficiency. Of these three objectives, one stands out: recognizing the importance of investing in human capital.
This represents a major shift by the government, as it previously focused mostly on developing infrastructure—a move that came at the expense of other sectors, including healthcare. Nigeria’s healthcare spending as a percentage of GDP remains one of the lowest in the world: about 0.6% of GDP in 2016, according to the World Bank. Per capita health spending by the Nigerian government is US$11, well below the recommended US$86 for low- and middle-income countries to deliver basic health services.