environmental factors. The monetary policies introduced by President Bola Ahmed Tinubu,

including the removal of subsidies and the deregulation of foreign exchange, have had profound

effects on various sectors and individuals, yet their impact on healthcare has not been thoroughly

examined. This paper investigates how these policies have influenced Nigeria’s health sector.

Through a qualitative analysis using primary and secondary sources such as books, media

reports, and interviews, the study finds that these policies have raised the costs of essential

drugs and healthcare services. While they have broadened access to health, they have also led

to the exit of major pharmaceutical companies that Nigeria has relied on for years.

Government

initiatives, including palliatives and support for local production, have had limited success

due to problems like corruption, inconsistent policies, lack of political will, and insufficient

healthcare funding. The paper emphasises the need for enhanced healthcare funding, greater

support for domestic drug production, and stronger political commitment.