FG to invest $3bn into health sector by 2030

Federal government plans $3bn health investment by 2030 to reduce foreign aid reliance.

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FG to invest $3bn into health sector by 2030

Federal government plans $3bn health investment by 2030 to reduce foreign aid reliance.

In brief

Federal government plans $3bn health investment by 2030 to reduce foreign aid reliance. Nigeria will invest $3 billion in health by 2030 to become self-sufficient in health financing. Originally reported by Premium Times Nigeria.

FG health investment plan

Nigeria’s Economy in Perspective: Fitch’s positive outlook: Turning improved confidence into economic opportunity, By Posi Olatubosun

Federal government plans $3 billion investment in health by 2030.

Transition to self-funding

Nigeria aims to fully finance health sector by 2030 with reduced foreign aid.

US health partnership

Nigeria and US signed five-year health MoU on December 19, 2025.

Funding transition details

Chiamaka Okafor-Onumah

Federal government will contribute $3 billion while US ramps down support.

Self-sufficiency goal

Nigeria wants to exit long-term dependency on external health funding.

Government participation

15 Nigerian government institutions participated in MoU negotiations.

US health support history

NNPC petrol station used to tell the story.

US supported health programs in Nigeria for 25 years including HIV, TB and malaria.

Shift in US policy

Nigeria decided to assume greater responsibility after US policy shift in 2025.

Health financing strategy

President Tinubu increased health budget allocation to six percent of government budget.

Three-tier government

Oby Ezekwesili

All three tiers of government must increase health spending for sustainability.

MoU non-binding nature

Health MoU is non-binding and anchored on Nigerian national policies and laws.

Sovereignty assurance

Attorney-General confirmed MoU does not subvert Nigeria’s national interest.

Health sector renewal

Minister of Information and National Orientation, Mohammed Idris

Health Sector Renewal Investment Initiative prioritizes improved governance and primary healthcare.

Local production focus

Strengthening domestic production of essential medicines is key to reducing dependence.

What to remember

Nigeria will invest $3 billion in health by 2030 to become self-sufficient in health financing.

Read the original on Premium Times Nigeria

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