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    Home»Events»Nigeria loses $2 billion a year for medical tourism – FG
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    Nigeria loses $2 billion a year for medical tourism – FG

    tundeoyeyemi2002By tundeoyeyemi2002April 16, 2025No Comments3 Mins Read
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    Nigeria loses $20 billion in medical tourism every year? FG

    Professor Ali Pat, Minister of Health and Social Welfare Coordination, revealed that Nigeria loses about $2 billion in medical tourism every year. He stressed the urgent need for the country to establish health sovereignty and reduce its dependence on foreign health care.

    Pate, represented by Professor Wasiu Adeyemo, Chief Medical Director of the University of Lagos Teaching Hospital (Luth), issued a statement on commission by Avon Medical Center, a newly established 50-bed specialty hospital in Surulere, Lagos.

    He attributed the shocking loss to the lack of public confidence in the local health care system and the opportunity to obtain quality health care. Still, Pat expressed optimism, such as facilities such as Avon Medical Center could help turn the trend around.

    He noted that the government is committed to revitalizing the health sector through initiatives such as the Nigerian health sector update investment plan and the 2024-2027 health sector strategic blueprint.

    “It’s not just about stopping the medical tourism industry. It’s about building health sovereignty, a nation’s ability to take care of its people and develop its institutions, talents and innovation,” Pett said.

    “Whether it is through expanding health insurance, regulatory reforms or partnerships with national health programs, the government is ready to create avenues for private sector participation. We welcome Avon Healthcare and all new private providers as partners in building a healthier, safer and equitable Nigeria.”

    Also in the event, Lagos State Governor Babajid Sanwo-olu called for stronger cooperation between the public and private sectors, stressing that the government alone cannot cope with the challenges provided by health care.

    “We have to create a favorable environment for private equity and investment to thrive,” he said. “Avon Medical has portrayed his name in the time of this industry, not only in Lagos but throughout Nigeria.”

    In her speech, Avon Healthcare Limited Chairman of Awele Elumelu stressed that the pressure on the Nigerian healthcare system was caused by a shortage of doctors, hospital beds and essential equipment.

    “In 2009, we took a bold step to make world-class health care accessible and affordable for all, not just a few. This decision gave birth to Avon Medical and Avon HMO,” she said. “Africa bears more than 20% of the global burden of disease, but only 1% of health care resources.
    “What we are building is a health care system where no one is left behind. We believe in Afri-capitalism, that is, the private sector has a responsibility to not only generate profits, but also lasting impact.”

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