By Sam Amadi
"It was a big deal that the VP attended a local hospital to have a low-risk surgery"
It is official. Nigeria has been caught in a fiscal trap. In the second quarter of 2022, the country spent all its revenue and borrowed more to service its debt. This means that Nigeria is broke, even if its Debt-to-GDP ratio is still within ‘prudential’ level.
But Nigeria is a country that is blessed with abundant natural resources. It is a country that has earned hundreds of billions of dollars from oil exports but has no good hospitals, nevertheless. The Vice President, Yemi Osinbajo, had a minor surgery in a Nigerian hospital, and it was a heroic deed that elicited praise and celebration. That is how bad healthcare is in the country. All Nigerian notables attend foreign hospitals for even the most routine checkup. So, it was a big deal that the VP attended a local hospital to have a low-risk surgery.
