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Health Investment Essential For Nigeria’s Economic Growth – Pate

News Investigators/ The Coordinating Minister of Health and Social Welfare, Muhammad Pate, has stated that sustained investment in health is essential for Nigeria’s economic growth and long-term development.

Prof. Pate made the remark on Monday in Abuja during the opening of the National Health Financing Dialogue, themed “Reimagining the Future of Health Financing in Nigeria.”

The dialogue aims to build a strong evidence base to support increased and sustained financing commitments.

It also seeks to facilitate policy reforms that encourage private sector involvement in the health system.

Prof. Pate said the dialogue would advocate for sub-national health financing, explore new strategies, and enhance accountability across the health sector.

According to the minister, no nation can achieve lasting prosperity without a healthy population.

He noted that decades of underinvestment in Nigeria’s health system had burdened families with high out-of-pocket expenses and slowed the country’s overall development.

He emphasised that the idea of achieving a quality health system without adequate financial investment was unrealistic.

“Health, wherever it is produced, is not cheap. If you want to get good health, somebody has to pay for it.

“That you can actually get a good quality health system without paying for it is an illusion,” he said.

Pate posed key questions on how to make the best use of available resources.

“So the challenge is: with what we have at this point, how do we use it wisely? How do we deploy, mobilise, and purchase efficiently?

“How do we stretch the few dollars we have to get the most health for our population? And as our economy grows and government revenue increases, how do we allocate more to health?”

He stressed that funding must come from both federal and state governments, as well as other organised sources, while ensuring that the poor and vulnerable were protected.

“If we can solve that, I believe we will begin to have a healthy health market that will see this country through this development phase as it grows and becomes a more prosperous economy.

“As we get more, we will spend more on health. But there has to be a market that functions, so that it’s not only the government that participates. The private sector must also be involved.”

He also highlighted the crucial role of civil society: saying “Civil society, represented here today, acts as a watchdog, an advocate, and a mobiliser.

“Their role is vital in helping build the health system we desire. It will take the whole of society to achieve that.”

The News Agency of Nigeria (NAN) reports that the four-day dialogue brings together policymakers, development partners, health financing experts, and civil society, media, and health insurance representatives.

Also participating are private sector stakeholders and members of the academic community, working together to build on recent progress and translate high-level commitments into actionable strategies for sustainable health financing in Nigeria.

NAN

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