BUSINESS ANALYSIS: CBN’s N100bn fund as catalyst for health sector development

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IN the 1960s, Nigeria was a medical tourism destination with the University College Hospital (UCH), Ibadan, offering a range of specialised health care services. Then, It ranked third best hospital in Africa. However, the health care system has gone from being comparable to the rest of the world between the 60s and the early 80s, to one of the world’s most underfunded and least robust. By the mid-1980s, the Nigerian elite had begun to show loss of confidence in the efficacy of the health system so much so that in his time, military president, General Ibrahim Badamasi Babangida, travelled to Germany on a number of occasions for medical treatment.

Right on the campaign ground in 2007,…



Source: Nigerian Tribune