News
Guild of Medical Directors Warns of Crisis as Over 50% of Nigeria’s Private Hospitals Close Amid Rising Costs
The Guild of Medical Directors (GMD) has raised concerns over the financial challenges crippling Nigeria’s private healthcare sector, revealing that over half of the country’s private hospitals have shut down, while those still operating are struggling to survive.
Dr. Raymond Kuti, President of the GMD, disclosed in an interview that monthly closures of private hospitals are accelerating due to escalating costs of essentials like electricity and medical supplies, pushing many to the brink.
“On average, three out of six private hospitals are shutting down monthly,” Dr. Kuti stated, noting that operational costs for energy and imported medical supplies have increased by as much as 500%.
This economic strain has hit Band A hospitals particularly hard. He also cited a decline in patient patronage and the “japa” trend, which has led to severe staffing shortages as young healthcare professionals leave Nigeria in search of better opportunities abroad.
The cost barrier has forced many Nigerians to delay necessary medical treatment, with some resorting to self-medication or local remedies due to financial constraints.
Dr. Kuti, who also serves as the Chief Medical Director at Prisms Health Care Limited, urged the government to intervene and support private healthcare facilities, emphasizing their critical role in Nigeria’s healthcare system.
“We need the government to recognise the challenges we face and provide the necessary support to ensure that private hospitals can continue to operate and serve the community,” he said.
APC chieftain Joe Igbokwe has pointed fingers at Nigerian traders for the continued surge in food prices across the country. In a Facebook post on Saturday, the outspoken supporter of President Bola Tinubu’s administration accused traders of being too greedy to reduce their prices.
He added that even as statistics suggest that the cost of food is starting to drop, traders have refused to comply. Furthermore, he expressed frustration, saying the refusal to lower prices shows a deeper problem of selfishness among citizens. According to him, Nigerians are their own worst enemies, driven by greed and a habit of taking more than they need.
President Bola Ahmed Tinubu is set to travel to Rome this Saturday to attend the inauguration of Pope Leo XIV, the new leader of the Roman Catholic Church. The invitation came directly from Pope Leo XIV, who emphasized the importance of the president’s presence during this significant moment for the Church and a world facing many challenges.
Pope Leo XIV, formerly Cardinal Robert Francis Prevost, will be officially installed as the 267th Bishop of Rome on Sunday, May 18, at St. Peter’s Square in the Vatican.
President Tinubu will be accompanied by key Catholic figures, including the Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, Archbishop Lucius Ugorji of Owerri, Archbishop Ignatius Kaigama of Abuja, Archbishop Alfred Martins of Lagos, and Bishop Mathew Hassan Kukah of Sokoto.
Notably, Pope Leo XIV has a special connection to Nigeria, having worked at the Apostolic Nunciature in Lagos during the 1980s. After the ceremony, President Tinubu is expected to return to Abuja on Tuesday, May 20.
Oyo State Governor, Seyi Makinde, has urged Nigerians to preserve their culture and ensure it doesn’t fade away with time. Speaking through his deputy, Barrister Adebayo Lawal, at the 2025 World Egungun Festival grand finale held in Ibadan, Makinde emphasized the importance of keeping traditions alive.
The event took place at Obafemi Awolowo Stadium in the Oke Ado area and was graced by top dignitaries including Chief Lekan Alabi, who represented the Otun Olubadan of Ibadanland, Oba Rashidi Ladoja, Osun State’s Commissioner for Culture and Tourism, Hon. Ojo Abiodun, Prince Adeola Adelakun of Oje Parapo Worldwide, and Oyo State’s own Commissioner for Culture and Tourism, Dr. Wasiu Olatunbosun.
Makinde stressed that culture and tourism are key focus areas for his administration, and his government is committed to supporting efforts that will keep local traditions thriving. He added that by investing in cultural events and heritage, the state can boost its economy through tourism and increase revenue. He said, “We must not let our culture die. I’m glad to see young people taking part in this celebration, not just the elders.”
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