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    MarketForces Africa » MarketForces News » Buhari Signs National Health Authority Bill into Law
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    Buhari Signs National Health Authority Bill into Law

    Olu AnisereBy Olu AnisereMay 19, 2022No Comments2 Mins Read
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    Buhari Signs National Health Authority Bill into Law
    President Muhammadu Buhari
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    Buhari Signs National Health Authority Bill into Law

    President Muhammadu Buhari has signed into law, the National Health Insurance Authority Bill 2022, repealing thereby, the National Health Insurance Scheme Act, Cap N42, Laws of the Federation of Nigeria 2004.

    The President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, confirmed this in a statement on Thursday in Abuja. Speaking at the signing of the new law, Buhari pledged that a Fund would be set up “to ensure coverage of 83 million poor Nigerians who cannot afford to pay premiums as recommended by the Lancet Nigeria Commission.”

    The president further elaborated on how the fund would be sourced, saying that: “For the large number of vulnerable individuals who are not able to pay health insurance premiums, a Vulnerable Group Fund will be set up.

    ”This will include a component of the Basic Health Care Provision Fund due to the Authority, Health Insurance Levy, Special Intervention Fund, and any investment proceeds, donations and gifts to the Authority.”

    According to him, the authority will collaborate with state government Health Insurance Schemes to accredit primary and secondary health facilities and enrol Nigerians into the scheme in order to ensure the delivery of quality health care.

    ”The new Act also enables the Authority and state governments to develop information management systems and digital records for better data collection, monitoring and quality assurance.”

    The president, therefore, tasked the Health Reform Committee to work with state governments, the Federal Ministry of Health and the National Health Insurance Authority to ensure the implementation of the articles in the new Act. Buhari Signs National Health Authority Bill into Law

    CBN FGN Investors
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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