Stanbic IBTC Pension Managers Renovates Yaba Psychiatric Hospital Ward

March 13, 2024
Stanbic IBTC Pension Managers

By Aduragbemi Omiyale

The Yaba Psychiatric Hospital Ward MS/F3 in Lagos has been renovated by Stanbic IBTC Pension Managers in a significant display of corporate social responsibility (CSR).

The subsidiary of Stanbic IBTC Holdings Plc spent about N107.9 million to transform the facility, which houses female and male wings, as well as offices for medical personnel and a recreation area for the patients.

The leading pension fund administrator in Nigeria said it renovated the ward to enhance patients’ living conditions at the renowned psychiatric facility.

The firm equipped the ward with hospital beds, air conditioners, and fans, refurbished kitchens with refrigerators and cooker units; toilet seats with sinks and soap dispenser units; bathroom stalls with showers and water heaters; load cables, refurbished nurses’ stations with swivel staff chairs, tables, cabinet racks; air conditioners, sinks with soap dispenser units; water tanks with a pumping machine unit, and bedside lockers for hundreds of patients who visit these wards annually.

In addition, Stanbic IBTC Pension Managers provided two 40-inch LED LG TVs to entertain patients during their rest periods.

At the handing over of the facility to the hospital’s management on Wednesday, March 13, 2024, the chief executive of Stanbic IBTC Pension Managers, Mr Olumide Oyetan, reiterated the company’s commitment to community development and improving the lives of others.

“One of our three CSI pillars is health because as an organisation that is committed to the long-term sustainability of Nigerians, we believe that investments in health must be frequent and sustained.

“Understanding the pain of persons dealing with mental health challenges in our country, we embraced this opportunity to support the hospital management in creating an enabling environment that will enhance care and speed up recovery of the patients experiencing this challenge,” he said.

On her part, the Executive Director of Business Development at Stanbic IBTC Pension Managers, Ms Nike Bajomo, said, “Today is very emotional for us as it marks the realisation of this dream that we pictured several months ago when we first embarked on this project.

“Our sincere thanks goes to each and everyone who supported us on this journey, including our management team who bought into the vision; the hospital management who guided the execution; the team who did the groundwork; and of course all our partners here today to share this moment.

“We look forward to the thousands who will be cared for in this hospital in the coming years, and commit to doing more to support the wellness of Nigerians because Nigeria is our home and we drive her growth.”

At the ceremony, members of staff and management of Yaba Psychiatric Hospital expressed excitement about the renovated wards and their potential to impact patient care and recovery positively.

Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

Leave a Reply

Previous Story

US House Passes Bill That Could Ban TikTok

treasury bills investors
Next Story

Central Bank Trims Treasury Bills Rate by 0.37% as Investors Offer N1.5trn

Latest from Health

Don't Miss