New CBN Report Exhibits Nigerians Spent N3.7 Billion on Medical Therapy Overseas

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A brand new report by the Central {Bank} o Nigeria (CBN) has proven that Nigerians spent about $2.39 million (N3.7 billion) on medical remedy overseas.

The report by the CBN exhibits that the cash was spent between January and September 2024 for social companies and health-related companies beneath the sectoral utilisation of overseas change.

In keeping with the small print of the report, in January, $2.3 million was spent whereas no quantity was spent in February.

In March, April, Might, June and July, $0.01 million, $0.00 million, $0.05 million, $0.02 million, $0.00 million have been spent respectively.

Equally, in August, Nigerians spent $0.00 million whereas in September $0.10 million was spent.

The report additionally confirmed that the quantity spent on medical companies within the first 9 months of 2023 was larger than that of the interval beneath revie.

Between January and September 2023, N3.45 million was spent on medical tourism by Nigerians.

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