‘Nigeria’s medical tourism spending falls 96%’ – CBN

CBN on medical tourism

…As local healthcare capacity deepens Nigeria’s long-standing reliance on overseas medical treatment appears to be rapidly reversing, as new data from the Central Bank of Nigeria (CBN) shows a dramatic collapse in spending on medical tourism, signalling a major shift in healthcare utilisation toward domestic facilities. According to CBN figures covering January to June 2025, Nigeria’s medical tourism spending plunged by 96.2% year-on-year, falling from $2.38 million in the first half of 2024 to just $0.09 million in the corresponding period of 2025. The sharp contraction, amounting to a $2.29…

Read More

‘Nigerians spend estimated $1bn yearly on medical care abroad’

Medical tourism

Nigerians spend an estimated $1 billion yearly on medical care abroad for conditions that can be effectively treated within their country, the Chief Consultant Orthopeadics Surgeon and Chief Medical Director of Alliance Hospital, Abuja, Dr. Christopher Otabor, has said. Otabor spoke after he was conferred with an ‘African Medical Practice and Leadership Excellence Award’ for his outstanding investment in Nigeria’s healthcare system by Africanstride International magazine, in Abuja at the weekend. He said there was the need for increased investment in healthcare infrastructure in the country if the nation was…

Read More