Collateral consequences of Tinubu’s healthcare reforms

By creating a more coherent health system, attracting investment, expanding domestic manufacturing, strengthening human capital and building scientific and institutional capability, they are also contributing to the foundations of long-term economic growth.

Afreximbank’s US$1 billion financing platform, alongside additional financing involving the European Investment Bank, the Bank of Industry and other partners, is widening access to long-term capital, while collaboration between Nigerian and international manufacturers is expanding domestic production, accelerating technology transfer and strengthening industrial capability.

Together with the presidential executive order on local manufacturing and related reforms to procurement, regulation and market shaping, it has lowered many of the structural barriers that once discouraged long-term investment while signalling a growing recognition that healthcare is not only a social sector but also a productive sector of the economy.