President Buhari Inaugurates N62bn HIV Trust Fund
President Muhammadu Buhari on Tuesday in Abuja inaugurated a N62 billion trust fund to give Nigeria's commitment to the treatment of deadly AIDS as public health threat and subjected more people living with HIV to treatment annually.
Delivering speech at the launch of the HIV Trust Fund of Nigeria (HTFN), the President promised that his administration would continue to major on health interventions to address killer and contagious diseases and public health emergencies.
He disclosed: ”At the last United Nations General Assembly High Level Meeting on HIV/AIDS, I made a call for a renewed global action to address the HIV/AIDS epidemic in Africa.
”Ending AIDS as a public health threat in Nigeria will require increased domestic funding. We have continued to make good our commitment of placing more people living with HIV on treatment annually using national resources.
”However, strong domestic resource mobilization with an enduring partnership and shared responsibility is required to sustain the response to HIV and other emerging public health emergencies.”
President Buhari assured that Nigeria’s purposeful partnership with the private sector in the response to COVID 19 pandemic had provided a readily available financing solution to leverage to sustain the HIV response.
He applauded the National Agency for the Control of AIDS (NACA) and the Nigeria Business Coalition Against AIDS for their concerted efforts in establishing the HIV Trust Fund of Nigeria to secure a generation of babies free of HIV.
He also expressed optimism with the attendance in person of notable global key players in HIV response and from the private sector at the event and the promises made.
”Going forward, I hope The HIV Trust Fund of Nigeria will galvanize more of the private sector and other partners to surpass the target of Sixty-Two Billion Naira in the next five years,” he stated.
In his speech, the Secretary to the Government of the Federation, Boss Mustapha disclosed that since 2005 about 6.2 billion dollars has been spent on HIV response in Nigeria.
According to him, ”About 80 per cent of the funds were contributed by external donors, mainly the US President’s Emergency Plan for AIDS Relief (PEPFAR) and the Global Fund to fight AIDS, Tuberculosis and Malaria. The Private Sector contributed 0.1 per cent to two per cent of total funds with the rest of funds provided by the Nigerian government.”
Appraising NACA’s efforts to promote resource mobilisation to complement existing external support, Mustapha said the Federal Government has sustained the treatment and financing of 50,000 PLHIV annually.
He said the launch of the HTFN will stabilise funding from the private sector-led resources for HIV interventions especially for the elimination of the Mother-to-Child transmission of the virus.
”Since 2005, about 6.2 billion dollars has been spent on HIV response in Nigeria about 80 per cent of the funds were contributed by external donors mainly the US President’s Emergency Plan for AIDS Relief (PEPFAR) and the Global Fund to fight AIDS, Tuberculosis and Malaria. The Private Sector contributed 0.1 per cent to two per cent of total funds with the rest of funds provided by the Nigerian government.”
Chief Launcher and Chairman and CEO of Dangote Group, Alhaji Aliko Dangote said the mission of the private sector led fund proposed by NACA alongside the Nigeria Business Coalition Against AIDS (NiBUCAA) is to ensure mobilisation of resources towards eradication of AIDS in Nigeria, starting with the Prevention of Mother-to-Child transmission of the virus.
”I am reminded that we have two million of our compatriots living with HIV/AIDS and it is our collective responsibility to bring this number down to zero,” he said.
Dangote, who is Africa’s richest man, appealed to individuals and corporate organisations in the country to donate generously toward the Fund, currently chaired by Dr Herbert Wigwe, the Group Managing Director of Access Bank Plc.
”We would like the private sector to work in partnership with the Federal Government on a 50-50 basis which we believe will help us eliminate Mother-to-Child transmission of HIV/AIDS in Nigeria,” he said.
Also speaking, the Director-General of NACA. Dr Gambo Aliyu thanked the President for his commitment and support for the HIV response in the country, noting that as a direct result of his intervention, NACA now procures HIV commodities at manufacturers’ rate, as a result of which more Nigerians living with HIV have been placed on treatment from domestic resources.
Justifying the importance of the Fund, the Director-General said providing life-long treatment to all PLHIV even after successfully stopping new HIV infections would require a domestically sustainable financing mechanism.