Stanbic IBTC Pension Renovates Yaba Psychiatric Hospital Ward

Stanbic IBTC Pension Managers has renovated the Yaba Psychiatric Hospital Ward (MS/F3) in Lagos, which includes female and male wings, as well as offices for medical personnel and a recreation area for the patients.

The initiative, part of the company’s corporate social investment (CSI) programme, aims to enhance patients’ living conditions at the renowned psychiatric facility.

The management of Stanbic IBTC Pension Managers announced the completion of the project during a hand-over event held in Lagos.

The  project worth N107.857 million included the installation of hospital beds, air conditioners, fans, refurbished kitchens with refrigerators and cooker units; toilet seats with sinks and soap dispenser units among others.

During the handover ceremony, the chief executive of Stanbic IBTC Pension Managers, 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. 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.”

The executive director of Business Development at Stanbic IBTC Pension Managers, Nike Bajomo, expressed gratitude to all partners and stakeholders who contributed to the project’s success.

The ceremony witnessed the presence of representatives from Stanbic IBTC Pension Managers, the management of Yaba Psychiatric Hospital, guests, and hospital patients.