According to the World Bank, Nigeria has an $82 billion healthcare gap. And public spending on healthcare falls far short. Nigeria’s public spending on healthcare amounts to just about 3% of its $440 billion GDP.
Given Nigeria’s financial projections— revenue and debt servicing— the future doesn’t offer much promise from a public finance perspective. But is there an alternative solution?
Can a multi-sectoral partnership model be the way out? Can a corporate social intervention model offer the much-needed solution?On the latter, MTN Nigeria, Nigeria’s foremost telecommunications company, makes a case. MTN, through the MTN Foundation, has committed to supporting Nigeria’s health sector through community-inclusive targeted financing. Through its ‘What We Can Do Together Project,’ the foundation has set aside over N1 billion to remodel 40 Primary Healthcare Centres (PHCs) in the country.
