The Economic Impact of Malaria in Nigeria: $1.1 Billion Lost Every Year
The Nigerian government has revealed that the country loses approximately $1.1 billion annually due to the economic impact of malaria.
This figure highlights the heavy burden that malaria places on Nigeria’s healthcare system and its economy.
The losses are attributed to factors such as healthcare costs, loss of productivity, and premature deaths related to the disease.
Malaria remains one of the leading causes of illness and death in Nigeria, particularly affecting children under five and pregnant women.
Despite efforts to combat the disease, including distribution of mosquito nets and anti-malarial treatments, malaria continues to be a major public health challenge.
The Nigerian government has emphasized the need for increased funding, awareness, and improved access to healthcare services in order to reduce the economic and human toll of malaria.
The $1.1 billion annual loss underscores the importance of scaling up efforts to eliminate malaria and its associated economic costs in the country.