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Home»News»FG Invests ₦220bn in Medical Education
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FG Invests ₦220bn in Medical Education

meridianspyBy meridianspyJune 23, 2026No Comments2 Mins Read
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The Federal Government has invested ₦220bn in medical education and training over the past two years to strengthen Nigeria’s healthcare workforce, according to Minister of Education, Tunji Alausa.

 

Speaking at the maiden convocation of Miva Open University in Lagos, Alausa said the government will commit an additional ₦121bn in 2026 to expand medical education infrastructure nationwide.

 

“For medical school education alone, we spent ₦220bn on medical education and training just within the last two years,” he stated, describing it as one of Nigeria’s largest targeted investments in the sector.

 

The funding covered infrastructure upgrades, medical simulation labs, and rehabilitation of schools and hostels. Specifically, ₦72bn was allocated to 18 medical schools, each receiving ₦4bn for infrastructure and ₦1.5bn for hostels.

 

Another ₦40bn was spent on eight state-of-the-art simulation laboratories across the six geopolitical zones, each costing about ₦5bn.

 

 

For 2026, Alausa said the government will fund six new medical schools, allocate ₦10bn for hostels, ₦24bn to expand existing schools, and ₦56bn to equip 21 new institutions.

 

“Our duty here is clear: to train more doctors, pharmacists, dentists and nurses,” he added.

 

He also announced a ₦250bn intervention for student accommodation, with 90 institutions set to receive ₦2bn each for 500-bed hostels, while others will access ₦4bn under PPP arrangements for larger facilities.

 

Alausa highlighted additional reforms, including ₦300bn disbursed through the Nigerian Education Loan Fund to 1.7 million students, and a Student Venture Capital Grant Initiative offering up to ₦50m in equity-free grants to support innovation and entrepreneurship

READ ALSO  ECN DG Urges Nigeria to Lead Africa's Hydrogen Economy

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