FG Slammed As Medical Tourism Hits $550m Annually

The Federal Government has come under fresh criticism following reports that Nigerians spent about $549.29 million on medical travel abroad within the first nine months of 2025, highlighting growing concerns over the state of the country’s healthcare system.

Health experts and analysts say the rising foreign exchange outflow reflects declining confidence in local medical services despite repeated promises by authorities to strengthen healthcare infrastructure and reduce dependence on treatment overseas.

Data from the Central Bank of Nigeria’s quarterly statistical bulletin for the third quarter of 2025 shows a steady increase in medical-related travel expenses. Nigerians reportedly spent $151.53 million in the first quarter, $189.41 million in the second quarter, and $208.35 million in the third quarter of the year. This represents a 17.96 percent rise compared to the $465.67 million recorded during the same period in 2024.

The foreign exchange allowances tracked by the apex bank refer to funds accessed by individuals for medical trips abroad. However, while the CBN monitors the amount released, it does not track how the funds are eventually utilised.

Experts argue that the surge in medical tourism is being driven by persistent challenges within Nigeria’s health sector, including inadequate equipment, limited specialised care, and recurring disruptions in service delivery. Many Nigerians who can afford it continue to seek treatment overseas, particularly for critical procedures such as cardiovascular care and other advanced medical interventions.

Stakeholders have urged the Federal Government to prioritise investment in healthcare facilities, improve working conditions for medical professionals, and rebuild public trust in local hospitals. They warned that without urgent reforms, the country may continue to lose significant foreign exchange to medical tourism, further straining the economy.

The development has also reignited debate over policy reforms in the health sector, with calls for stronger accountability and more transparent strategies aimed at reversing the trend and encouraging Nigerians to seek quality care within the country.