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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.
It has been reported that a Nigerian won the 2026 Spelling Bee World Championship, which was held in Shanghai, China. The winner, Chinedu Great Okdediachi, has now returned home to Delta State after his victory.
It can be noted that the student had already emerged as one of the Gold Award winners in the Middle School Group category.
“Congratulations once again, Chinedu! Your success continues to inspire young Nigerians to pursue excellence through education. Welcome home, Champion!”
The young star has made Nigeria proud by winning the international competition.
President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.
He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”
The President added that the reforms are creating more opportunities for development across the country.
However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.
Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.
He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.
He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”
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