THE UNSPOTTED IMPACT OF GLOBAL INFLATION AND ECONOMIC CRISIS ON THE NIGERIAN HEALTHCARE SYSTEM

Inflation, the rise in prices of goods and services, has been on an exponential rise over the past few years globally. Excess inflation and the devaluation of the Nigerian currency has aggravated the problem of poor healthcare funding in the country. The overlooked influences that global inflation has had on the Nigerian healthcare system were highlighted in this work. Some of the influences included increased healthcare costs leading to demand-related problems, increased morbidity, reduced quality of healthcare delivery despite the increased cost, understaffing, the inefficiency of healthcare workers, medical brain drain as well as dwindling of research activities. In line with these consequences, it has become imperative for the government to take action to curb the growing menace of inflation and its impacts, through policy development and implementation as well as increasing resource allocation to the health sector.