IFC, Bill Gates to invest N9.42bn on priority healthcare for poor Nigerians

The investment will help boost the coverage of priority health technologies and intervention service for over one million poor Nigerians.

The International Finance Corporation, IFC, said on Tuesday that it is working with the Bill and Melinda Gates Foundation and the UK’s Department for International Development to invest about $60 million (about N9.42billion) to help boost the coverage of priority health technologies and intervention services that benefit over one million poor Nigerians.

The IFC, which is the private sector arm of the World Bank Group, said the five-year investment to be undertaken under the African Health Markets for Equity, AHME, project, would also involve other partners in Nigeria; namely Society for Family Health, Marie Stopes Nigeria, Grameen Foundation, Safe Care, Population Services International with Pharmaccess. IFC would provide the technical support.

AHME, which is already operating in Nigeria, Kenya and Ghana, would build on the best practices obtainable in the country. It will raise the scale and scope of franchised health care, from family planning and sexual and reproductive health to also address malaria, acute respiratory infections, diarrhea, nutrition, maternal care, HIV, and Tuberculosis.

Within Nigeria, it was gathered that the investment package is targeted at strengthening health care providers, namely hospitals, clinics and pharmacies, with over 60% of the health care in Nigeria currently being provided by private providers.

“There is a big health market in Nigeria that is untapped,” Lead Health Sector Specialist, World Bank, Khama Rogo, said. “Leveraging on this through private providers would improve access to the poor. Nigerians have health specialists all over the world. If these needed facilities are here, there is nothing stopping them from coming to be of service here.”

According to Mr. Rogo, the project was designed to positively impact the lives of Nigerians living below the poverty line in the rural areas by directly targeting the services to strengthen the health facilities within the social franchise networks; adding that over one million beneficiaries would over the next five years have the chance to overcome the barrier of being denied healthcare due to the high cost of such services at the point of health care delivery.

“There will also be infrastructural investments into health facilities to upgrade them and support staff strength and resources enabled by simultaneous and coordinated work in policy, ICT, quality improvement, demand‐side financing (innovative ways to address challenges with affording healthcare), and health care provider access to capital,” she said.

About 300 health facilities in the rural communities are expected to benefit from the services during the course of the programme, while the processes and skills imparted within these facilities would be transferred to other facilities within the social franchise network.


PT Mag Campaign AD

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: This space is available for a Text_Ad.. Call Willie on +2347088095401 for more information

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.