President Muhammadu Buhari on Tuesday rolled out the Basic Health Care Provision Fund (BHCPF) appropriated by the National Assembly in the 2018 budget.
The BHCPF is the one per cent of the federal government Consolidated Revenue and contributions from donor grants set aside to fund the basic health needs of Nigerians.
It is the fundamental funding provision under the National Health Act and was appropriated for the first time in the 2018 budget since the Act was signed in 2014.
The federal government earmarked N55 .1 billion for the CRF to the basket fund of the BHCPF, while the Bill and Melinda Gates Foundation contributed $2 million, out of which $ 1.5 million has been released.
The Global Financing Facility (GFF) has also committed $20 million to the fund, while the Department for International Development (DFID) is also putting 50 million pounds sterling over the next five years…..more