HealthHighlight

Heritage Bank partners Oyo State on N50bn Healthcare Endowment Fund

1.1k

[dropcap]H[/dropcap]eritage Bank Plc has partnered Oyo State Government in transforming the healthcare sector through the N50billion Healthcare Endowment Fund, as part of its corporate social responsibility.

The partnership according to the bank is to make healthcare delivery affordable and accessible to all.

Heritage bank would adopt a health and maternity centre at the State Teaching Hospital, thereby expanding its capacity from 45 to 60 beds, said MD/CEO of the bank, Mr. Ifie Sekibo at the flag-off of the endowment fund.

“At Heritage Bank, we believe in this project and that is why we have come to associate with it even from inception. No doubt, the motive behind it is laudable and, on completion it would make resourceful to the health of the citizens as well as other residents of the Oyo State.”

He also stated that apart from the existing structure that Heritage Bank would improve on, it would furnish the adopted hospital unit with necessary equipment required for efficient healthcare delivery to the people.

According to him, for every business relationship to be meaningful, it must be mutually beneficial to the parties involved; otherwise such partnerships would not last.

On this realization, Sekibo said Heritage Bank would support the State in its bid to renovate the facilities available in all the health institutions in Oyo state. He said, over the years, Oyo State has been one of the key customers of Heritage Bank; hence the need for the support for the State now that it wants to add value to all its health institutions.

Earlier speaking at the occasion, Senator Abiola Ajimobi, the State Governor, who commended Heritage for their continuous support said the proceeds from the Endowment Fund would be used to further boost the healthcare delivery in the State.

“Today marks a turning point in the history of healthcare delivery in Oyo State. Preservation of healthcare is a duty of everybody – the government and the governed. Our duty as a government is not only to preserve the healthcare infrastructure available but to also improve on and expand the existing facilities. Through doing this, the sector would be able to effectively meet the demand of the day.”

The governor mandated that the healthcare scheme is accessible by all, even as he noted that every residents, including parents of pupil in public schools before their wards can be admitted and civil servants must register with the sum of N650 being part of their contribution.

The governor noted that to some people, the Pacesetter State may appear too ambitious with the Endowment Fund. However, he explained that Oyo State is ambitious because it has what it takes a state to be the medical hub of the whole nation.
However, Governor Ajimobi stated that the state have evolved to a level that individuals and corporate entities will give back to the public sector part of what the public sector has given to us.

The Commissioner for Health, Dr. Azeez Adeduntan, in a welcome address, stated that the fund would be used to renovate the 57 general hospitals and 622 health centres. Apart from this, he noted that the fund would be used to buy drugs, employ more health workers and build more hospitals.

Leave a comment

Related Articles

FCT Minister Wike Sacks Acting FCT IRS Chair

The Minister of the Federal Capital Territory, Nyesom Wike, has sacked the...

FG Pensioners Plan Bold Nude Protest on Dec 8 to Demand Rights

The Coalition of Federal Pensioners of Nigeria is set to stage a...

2Face Cries Out: ‘My Family Has Destroyed Me, Damaged My Wife’s Character’

The ongoing controversy surrounding the marriage of award-winning singer Innocent Idibia, popularly...

Chinese Nationals’ Abductions in Kwara Heighten Fresh Security Fears

Two Chinese nationals working on a major road construction project in Kwara...

Breaking: Supreme Court Dismisses Osun’s Suit Against FG Over Withheld LG Funds

The Supreme Court dismissed a lawsuit filed by the Attorney General of...

Boris Johnson Touts Nigeria-Born Kemi Badenoch as UK’s Next Prime Minister

Former British Prime Minister Boris Johnson stirred excitement at the 2025 Imo...

List of 68 ambassadorial nominees at a glance

List of 68 ambassadorial nominees at a glance CAREER AMBASSADORS (34) Abia...

Nigerian, 26 Others Charged in US Midstate Banks $Multi-Million Fraud Scheme

At least, 27 people including a Nigerian have been charged to court...

Dangote Set to Become World Largest Fertiliser Producer by 2028

The Dangote Group, led by Aliko Dangote, is set to become the...

CJN Reaffirms Judiciary’s Commitment to Human Rights Protection

The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has reaffirmed the...

Appeal Court Declares VIO Illegal, Lacks Power To Seize Vehicles, Impose Fines

The Court of Appeal, Abuja Division, on Thursday affirmed an earlier judgment...

NPA to Drive Growth in Non-Oil Export Sector

The Nigerian Ports Authority (NPA) says it is committed to boosting the...

Maritime Workers Union Meets NPA, Pledges Support for Sector’s Growth

The Maritime Workers’ Union of Nigeria (MWUN) has reaffirmed its commitment to...

EFCC Seeks Reversal of Ruling on 27 Forfeited Assets

The Economic and Financial Crimes Commission(EFCC) has filed a notice of appeal...

Updated: Tinubu nominates ex-Rivers administrator Ibas, Dambazau, others as ambassadors

President Bola Tinubu has forwarded another batch of non-career ambassadorial nominees to...

Out-of-Control Truck Crushes Traffic Cop, Leaves Another Injured in Abuja

The Federal Capital Territory (FCT) Police Command tragically lost one of its...

Tinubu Lauds Senate for Swift Defence Minister’s Confirmation

President Bola Tinubu has commended the Nigerian Senate for the speedy screening...

South Africa to Boycott US-led G20 Meetings After Exclusion

South Africa has announced it will not participate in the G20 meetings...

China Backs Nigeria’s Security, Economic Reforms

The Chinese Ambassador to Nigeria, Mr. Yu Dunhai, has reaffirmed China’s support...

Abia Gov. Otti’s meeting with Tinubu Centres on Kanu, not defection – Aide

Abia Governor Alex Otti’s Special Adviser on Media and Publicity, Ferdinand Ekeoma,...