The 2024 budget recently presented by President Bola Tinubu in which about five per cent of the N27.5 trillion was appropriated to the health sector is below the expectations of Nigerians, considering the critical state of the healthcare system, which has been in deep crisis for years resulting in the mass exodus of professionals from the sector.
From its total N1.33 trillion allocation, representing 5 per cent of the total budget, N1.07 trillion was earmarked to service recurrent and capital expenditure of the Federal Ministry of Health and Social Welfare and its agencies. About N137.2 billion was set aside for GAVI (the Vaccine Alliance) Immunisation funds, and counterpart funding for donor-supported programmes; while, N125.7 billion would serve as the Healthcare Provision Fund.
