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    UK Court awards £20m Damages in favour of Nigeria against P&ID

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    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

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    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

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    Augusto & Co. upgrades Globus Bank Limited’s rating to A and A1

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Nigerians with diabetes faces existential threat as cost of healthcare skyrockets

Wednesday, 13 November 2024, 9:59 am
in News, Nigeria
0
Nigerians with diabetes faces existential threat as cost of healthcare skyrockets
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The Diabetes Association of Nigeria (DAN) has issued a warning that six million Nigerians with diabetes are facing a critical situation due to the soaring costs of healthcare. In a statement to commemorate the United Nations World Diabetes Day, which is observed on November 14, the National President of DAN, Dr. Ejiofor Ugwu, highlighted that between 30,000 to 40,000 Nigerians die from diabetes annually. Dr. Ugwu explained, “Approximately 6 to 8 million Nigerians (5.7 percent) are living with diabetes.

This figure likely represents only the tip of the iceberg, as two-thirds of diabetes cases in Nigeria remain undiagnosed due to a lack of routine screening.” He further noted that, “Diabetes is responsible for an estimated 30,000 to 40,000 deaths in Nigeria each year.

Managing diabetes in the country faces numerous challenges, including high poverty levels, low awareness about diabetes, a shortage of healthcare professionals—particularly diabetes specialists—unhealthy cultural and religious beliefs, and insufficient diabetes care facilities.” In the past year, the cost of diabetes medications and supplies has skyrocketed, becoming unaffordable for many patients.

For example, the price of an insulin vial has risen from approximately N4,000 to about N18,000, which indicates an increase of over 400 percent. This sharp rise poses significant barriers to optimal diabetes care in Nigeria, leading to increased complications and premature deaths among patients who can no longer afford necessary treatments.

Dr. Ugwu emphasized the need for action, stating, “The Federal Government should urgently subsidize diabetes medications and supplies to make them more affordable for the large population living with diabetes in Nigeria. DAN recommends implementing a complete tax waiver for the import of diabetes medications and supplies.”

He also advocated for the revival of the sugar-sweetened beverage tax, which was halted in June 2024, suggesting that legislation be introduced to direct the funds gained from this tax towards the prevention of diabetes and related non-communicable diseases.

Additionally, he called for a well-conducted national survey on non-communicable diseases to obtain accurate data that would inform healthcare policymaking in Nigeria.

Vivian Ifunanya Gerald

Engineer, Entrepreneur, forex trader and Analyst

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