The International Finance Corporation, which is the private sector arm of the World Bank Group, is partnering with the Bill and Melinda Gates Foundation and the UK’s Department for International Development through a $60 million investment to increase coverage of priority health technologies and interventions among Nigeria’s poor.
This investment is targeted at strengthening health care providers (hospitals, clinics, pharmacies). Currently, over 60% of the health care in Nigeria is provided by private providers.
There is a big health market in Nigeria that’s untapped, leveraging on this through private providers would improve access to the poor. Khama Rogo, Lead Health Sector Specialist, World Bank. Nigerians have specialists all over the world. If these needed facilities are here, there is nothing stopping them from coming to be of service here.
This project aims to impact at least 1million people within Nigeria living below the poverty line in the rural areas by directly targeting these interventions at them and strengthening the health facilities within the social franchise networks.
Practically speaking, 1 million people over the next 5 years will have a chance to overcome the barrier of being denied healthcare due to paying for it at the point of health care delivery said Dr. Rogo
There will also be infrastructural investments into health facilities to upgrade them and support staff strength and resources enabled by simultaneous and coordinated work inpolicy, ICT, quality improvement, demand‐side financing (innovative ways to address challenges with affording healthcare), and health care provider access to capital.
It is expected that by the 5th year of the program at least 300 health facilities would have benefitted from this support within the rural communities and the processes and skills imparted within these facilities transferred to other facilities within the social franchise network.