04/10/2026
THE NIGERIA WE MUST BUILD
INDUSTRY TWO: HEALTHCARE
Should Getting Medical Care Put a Family in Financial Distress?
For many Nigerian families, illness comes with two difficult questions:
Where can we get treatment?
And how will we pay for it?
The World Health Organization reported that household out-of-pocket payments accounted for approximately 72% of Nigeria's current health expenditure in 2023.
That figure deserves serious attention.
When people must pay directly for most of their healthcare, some delay treatment, abandon prescriptions or exhaust savings meant for other household needs.A stronger health system must make financial protection part of its design.
This requires effective health insurance, stronger risk-pooling arrangements, sustainable funding for primary healthcare and accountability for how health resources are used.
Healthcare financing should be designed around the reality that illness is not always predictable and the ability to pay is not the same for every household.
A person's access to essential healthcare should not depend entirely on how much money they have available at the moment they fall ill.
That is an important measure of a fair healthcare system.