Nigeria’s health ministry plans to launch a Bank of Health.

To improve healthcare delivery in Nigeria, the Federal Ministry of Health is partnering with the private sector to establish the Bank of Health. The country’s health minister, Prof. Isaac Adewole, made this public while speaking in Lagos at a news conference to mark his administration’s first anniversary.

According to him, ,the health ministry in conjunction with the private sector will publish a directory of health facilities in Nigeria.

He said: “We have decided to work with the private sector in the coming year because they have the discipline, resources and efficiency to drive the sector. We want to establish a Bank of Health similar to Bank of Industry and Bank of Agricultural, so that those who want to set up health facilities can have access to resources. We believe that the one million dollars that is estimated to leave Nigeria due to medical tourism will be trapped here.”

According to him, Nigerians that go to India, Europe, Ghana and Benin Republic, will no longer have reason to leave Nigeria to seek medical care abroad.

Concerning the directory, the minister revealed that a technical working group had already been been set up with the private sector to publish health facilities directory and their services.

”Publishing a directory of health facilities across the country and the services they render is important, be it renal or heart transplant or even cancer surgeries. This will help Nigerians to make informed choices and know where to go,” he said.



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Paul is a freelance journalist, medical researcher and extensively published author. He holds a MSc degree in cell biology and genetics, and is a PhD candidate of the University of Ibadan.