The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, with the Minister of Health and Coordinating Minister of Social Welfare, Professor Muhammad Ali Pate, at the 2025 Health Sector-Wide Joint Annual Review in Abuja, Wednesday.
The Federal Government has declared that the 2025 health budget has increased by nearly 60%.
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, revealed this just as he reaffirmed that health investment lies at the heart of Nigeria’s economic transformation agenda.
The minister spoke at the 2025 Health Sector-Wide Joint Annual Review in Abuja, where he commended the Minister of Health and Coordinating Minister of Social Welfare, Professor Muhammad Ali Pate, for his “capacity, capability, and innovation.”
Edun noted that Nigeria’s health reforms have become a model of accountability and international recognition.
He revealed that the 2025 health budget has increased by nearly 60%, 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 mobilise ₦150 billion for vaccine procurement, underscoring health as both a social priority and a growth catalyst for the private sector.
Edun said: “The health sector stands out for its transparency and impact,” Edun said, adding, “It demonstrates how good governance can attract investment and deliver inclusive growth.”
In remarks, Professor Pate welcomed the fiscal commitment, pledging continued innovation and partnership to strengthen Nigeria’s healthcare system.
