By Henry Uche

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings, has renovated the Yaba psychiatric hospital ward MS/F3 in Lagos, which includes the female and male wings as well as offices for medical personnel and a recreation area for patients.

The initiative, which is part of the company’s corporate social investment (CSI) programme, aims to enhance patients’ living conditions at the renowned psychiatric facility. The company announced the completion of the project during a hand-over event held in Lagos on last week at the premises of the hospital.

The comprehensive renovation project worth over N100 million includes the installation of hospital beds, air conditioners, fans, refurbished kitchens with refrigerators and other facilities. During the hand-over ceremony, the chief executive of Stanbic, Olumide Oyetan, reiterated the company’s commitment to community development and improving the lives of others.

He said, “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.

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“Understanding the pains 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.”

Executive director of business development at the company, Nike Bajomo, who expressed gratitude to all partners and stakeholders 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 everyone who contributed to make this dream a reality. 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.”

Hospital staff expressed excitement for the gesture and its potential to impact patient care and recovery positively.