Health
Stanbic IBTC Pension Managers Revamps Sanitary Facilities at Nigerian Prisons

By Dipo Olowookere
Leading Pension Fund Administrator (PFA) in Nigeria, Stanbic IBTC Pension Managers Limited, a subsidiary of Stanbic IBTC Holdings Plc, in furtherance of its commitment to corporate social investment (CSI) and environmental sustainability, has commissioned three blocks of sanitary facilities it renovated at the Nigerian Prisons Training School, Kaduna.
These facilities are expected to uplift the health and living conditions of personnel of the Nigerian Prisons Service (NPS).
The renovated sanitary facilities, which will enable its beneficiaries maintain better standard of living and sanitary condition and hopefully lead to healthier and more humane lives, was commissioned on Thursday July 13, 2017 by the Controller General of the Nigerian Prisons Service, Ahmed Ja’afaru, who was represented by the Zonal Coordinator Zone B, NPS Kaduna, Assistant Controller General, Musa Mayaki.
The PFA said the project, which is line with the Stanbic IBTC Group’s CSI focus areas, falls under the health pillar, others being education and economic empowerment. Its decision to renovate the toilet facilities is part of a business strategy to support the wellbeing of the people and communities where it operates. A celebratory mood enveloped the community following the commissioning of the project.
Ja’afaru expressed appreciation to Stanbic IBTC Pension Managers for recognizing the need to invest in a correctional facility which is not common among corporate organisations. He noted that a prison service is a full-fledged community in the security-maintenance architecture with the relevant personnel, their families and inmates, all constituting part of the larger society. He said the project would bring great relief to the personnel and trainees as the community hitherto had to make do with less than fitting sanitary facilities.
“The successful execution of this project is immensely useful to the cadets and officers as clean and satisfactory sanitary facilities means better disposal of human waste, reduced chances of disease outbreak and better living condition,” he stressed.
In his remarks, Executive Director, Investments, Stanbic IBTC Pension Managers Limited, Mr. Oladele Sotubo, said the execution of the project was in recognition of the fundamental importance of the right of every human to have access to decent sanitary facility and living condition. The PFA, he said, clearly understands the interconnection between good health and good sanitation in ensuring a healthy populace and overall wellbeing of the people.
“This project is an integral part of Stanbic IBTC Pension Managers’ corporate social investment initiatives, which is anchored on our strong belief in adding value to the communities where we operate. We understand the difficult conditions that often results from lack of access to amenities, the deplorable state even where available and we will continue to explore opportunities to provide support in this regard,” he said.
Sotubo said the model the PFA has used and that has worked for it overtime, is investing in projects it believes have the greatest impact, widest reach, and highest sustainability ratio. He identified other community development projects undertaken by Stanbic IBTC Pension Managers over the years to include the installation of water projects at NYSC Camp in Kubwa, Abuja, Police College in Kaduna and Calabar; donation of chairs to Police College, Ikeja; painting of administrative block of Kaduna Police College and the donation of crash helmets to motorcyclists in Lagos, Ado-Ekiti, Ibadan and Oshogbo, among other interventions.
Nike Bajomo, Stanbic IBTC Pension Managers Limited’s Head of Business Development, said the project complements the efforts of government to provide requisite infrastructure to benefit communities across the country. “We are more than happy to do our part in building projects and amenities that address the needs of every cadre of society, in the same way that the core of our business is to ensure comfort in retirement,” she stated.
Stanbic IBTC Pension Managers is a subsidiary of Stanbic IBTC Holdings Plc, a member of Standard Bank Group, a full service financial services group with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management. Stanbic IBTC belongs to the Standard Bank Group, the largest African financial institution by assets and earnings. It is rooted in Africa with strategic representation in 20 countries on the African continent. Standard Bank has been in operation for 154 years and is focused on building first-class, on-the-ground financial services institutions in chosen countries in Africa; and connecting selected emerging markets to Africa by applying sector expertise, particularly in natural resources, power and infrastructure.
Health
VP, Governor Hail Rite Foods’ Chairman for Trauma Centre Donation to OOUTH

By Modupe Gbadeyanka
The chairman of Rite Foods Limited, Mr Sulaiman Adebola Adegunwa, has been commended for donating an ultra-modern Trauma Centre to the Olabisi Onabanjo University Teaching Hospital (OOUTH) in Sagamu, Ogun State.
The facility, donated to mark his 80th birthday, is a one-stop trauma centre with all the medical equipment and healthcare personnel to handle about 2,000 trauma cases in a month, from the severe to the minor ones.
Speaking at the commissioning of the 50-bedded facility, named Sulaiman Adebola Adegunwa Trauma Centre, by the Vice President of Nigeria, Mr Kashim Shettima, on Saturday, April 5, 2025, it was stated that the centre would enhance healthcare delivery for accident victims and other trauma-related cases within Ogun and neighbouring states.
Mr Shettima noted that the provision of the healthcare facility was timely, as it aligns with President Bola Ahmed Tinubu’s agenda for upgrading the health institutions in the country.
He described the life of the donor as well lived, with significant impact in the society and immediate community, creating employment for the indigenes of Ogun State, through valuable business enterprises, like Rite Foods Limited and Ess-ay Holdings Limited, which has contributed to the growth of the state’s and national economy.
According to the VP, Mr Adegunwa has inscribed his name in gold, adding that the octogenarian believes in leaving legacies that lives for generation and this has prompted the trauma centre which will impact lives tremendously.
On his part, Governor Dapo Abiodun of Ogun State applauded the philanthropic initiative of Mr Adegunwa, saying he has demonstrated an unwavering commitment to the healthcare system of Ogun State, and that the trauma centre marks a significant milestone towards attaining that.
In her remark, the Chief Medical Director of OOUTH, Dr Oluwabunmi Fatungase, said the 50 bedded centre has been the desire of the management of the hospital, as the old 20 bedded accident and emergency centre is too small to accommodate accident victims within the state, which serves as a route for travellers traversing the different regions of the country, with a 41.5 percent accident rate.
She said it is a dream of over 20 years by various administrations come true as there is no General Hospital from Lagos to Benin and Ibadan to take care of accident victims, thereby making the trauma centre a well thought out project by Asiwaju Adegunwa.
On his part, Mr Adegunwa said, “Today, l am filled with immense joy as l reflect on Sulaiman Adebola Adegunwa Trauma Centre as another fulfilment of opportunity to serve a higher calling to give and serve.”
Health
Iwosan Investments, Mayo Clinic to Deliver World-class Healthcare Services

By Modupe Gbadeyanka
A partnership to advance high-quality patient-centred healthcare in Nigeria has been entered into between Iwosan Investments Limited and Mayo Clinic Global Consulting.
The aim is to advise and support Iwosan in delivering world-class healthcare services that will positively impact both local and regional communities.
This includes the enhancement of Iwosan’s hospital network starting with Iwosan Lagoon Hospitals and the development and integration of the Lagos Medipark Hospital.
Mayo Clinic Global Consulting will to provide strategic advice on organizational objectives and clinical practice.
Under the consulting contract, Iwosan will work with Mayo Clinic experts on several projects to advance high-quality, patient-centred healthcare in Nigeria.
Mayo Clinic is a global leader in serious and complex healthcare. Mayo Clinic Global Consulting is designed to share Mayo Clinic’s unique, comprehensive capabilities and knowledge.
The focus of this engagement is to help the Iwosan network improve administrative efficiencies and effectiveness and to enhance medical practice and patient care through the application of Mayo Clinic’s integrated clinical care and practice models.
“This marks a significant milestone in our commitment to delivering exceptional healthcare services to the people of Nigeria.
“With guidance from Mayo Clinic Global Consulting, we are confident in our ability to set new benchmarks in healthcare excellence in our region,” the chief executive of Iwosan Investments, Mrs Fola Laoye, stated.
Iwosan Investments is a healthcare investment company with an ongoing commitment to revolutionize healthcare delivery in Nigeria.
Health
NAFDAC Intensifies Efforts to Block Substandard Products from China, India

By Adedapo Adesanya
The National Agency for Food and Drug Administration and Control (NAFDAC) is increasing efforts to block the entry of substandard and counterfeit products into Nigeria, particularly from China and India, the country’s two largest pharmaceutical trade partners.
This was revealed by Mrs Mojisola Adeyeye, the Director-General of the agency, emphasised that the Clean Report of Inspection and Analysis (CRIA) scheme has significantly strengthened regulatory control over imports from these nations.
The two nation’s account for 60 per cent of Nigeria’s pharmaceutical imports and yet, there is a lot of counterfeit and substandard medicines from these countries.
She said, “Because most of these drugs come from China and India, the CRIA scheme is operational in those two countries,” adding that, “It ensures that only safe and high-quality products are shipped while preventing the export of substandard and counterfeit products.”
She note that NAFDAC has appointed and accredited CRIA agents in China and India to conduct rigorous pre-shipment inspections to tackle the issue.
In addition to appointing CRIA agents in China and India, NAFDAC is collaborating with COTECNA, a global testing, inspection, and certification service provider, to enhance quality control measures.
Mrs Adeyeye urged stakeholders to engage with these CRIA agents before shipping any consignment to Nigeria, saying, “I strongly encourage you to engage with CRIA agents before shipping any consignment–that is, to our stakeholders– from China, India, or Nigeria. You have the flexibility to choose from any of the listed CRIA agents to ensure compliance and safeguard the quality of imported products.”
NAFDAC also introduced an electronic platform, the Port Inspection Data Capture and Risk Management System (PIDCARMS), to enhance document verification and streamline inspection processes.
Mrs Adeyeye noted that CRIA agents will ensure that rejected shipments carrying drugs will not find their way to the country.
She urged stakeholders to visit NAFDAC’s official website for guidelines on product registration, labelling, and shipment requirements to ensure compliance with regulatory standards in order to prevent such lapses and ensure only approved products enter Nigeria.
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