• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News Business

World Bank urges FG to impose special tax on alcohol, cigarettes, to fund primary healthcare

Chike Olisah by Chike Olisah
December 3, 2021
in Business, Health
Nigeria’s $1.5 billion loan request is still in the works – World Bank

Shubham Chaudhuri, World Bank Country Director for Nigeria

Share on FacebookShare on TwitterShare on Linkedin

The World Bank Group has urged the Federal Government to impose special taxes on alcohol, cigarettes and sugar-sweetened beverages to help fund primary healthcare across the country.

This was made known by the World Bank Group Country Director for Nigeria, Mr Shubham Chaudhuri, at a special National Council on Health meeting organized by the Federal Ministry of Health on Friday in Abuja.

Chaudhuri noted that taxes on tobacco, alcohol, and sugar-sweetened beverages would reduce the health risks associated with their consumption and expand fiscal space for universal health coverage post-Covid-19.

MoreStories

FG debunks viral claim on free ‘revolutionary diabetes drug’ distribution 

FG begins talks with Airbus to acquire air ambulance helicopters

April 7, 2026
Top 15 highest-paying healthcare jobs in Nigeria

Top 15 highest-paying healthcare jobs in Nigeria

April 4, 2026

Read: Low tax rate is not an excuse to increase tax – AfDB President, Adesina

What the World Bank Group Country Director for Nigeria is saying

Chaudhuri said, “If we want to improve healthcare in Nigeria, we need to tax the things that are killing us. The economic rationale for taxing these products is strong if we want to save lives and make a better and healthier Nigeria.’’

According to NAN, the country director stated that investing in stronger health systems for all would contribute to tackling rising poverty and inequality.

He added that health tax increases would have the additional advantage of reducing future healthcare costs by curbing the growth of the non-communicable diseases that tobacco, alcohol, and sugar-sweetened beverages cause.

Read: Biden tax opportunity for Nigeria

Speaking at the event, the WHO’s representative in Nigeria, Dr Walter Mulomba, in his goodwill message, highlighted the enormous health needs of Nigerians and efforts made so far in meeting the needs.

He assured of WHO’s technical support for Nigeria in the development and implementation of its home-grown policies and plans in the context of the global health agenda as reflected in the country’s Cooperation Strategy.

Mulomba said, “This we have taken into consideration, even as we currently review our operational plan and budget for the next two years.’’

Mulombo said the duty of achieving the UN Sustainable Development Goals (SDGs) through building resilient health systems, was a collective responsibility requiring incremental steps in the right direction and continuous improvement.

He said, “Tracking implementation of the resolutions of this Council in line with Nigeria’s and global health agenda will strengthen on-going journey towards promoting health, keeping the world safe, and serving the vulnerable.’’

Bottomline

The funding and improvement of the health sector in Nigeria is very critical and the outbreak of the Covid-19 pandemic exposed the level of rot and severe weakness in the sector.

The funding of primary healthcare is a very important determinant of economic development as a healthy population means higher productivity, thus higher income per head.

Tags: HealthcareTAXWorld Bank
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Next Post
Presale panic! HUH Tokens running out fast just like EverGrow

A White Paper on digital social revolution – The evolution of Shiba Inu and HUH Token

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics