Oyo launches N50b Health Endowment Fund

The Oyo State Government is set to launch a N50 billion health endowment fund, aimed at addressing health workers’ welfare as well as the massive infrastructural decay in the state’s health sector.

The Commissioner for Health, Dr Azeez Adeduntan and his Information, Culture and Tourism counterpart, Mr Toye Arulogun, disclosed this while briefing reporters on the project on Thursday.

According to Adeduntan, the endowment fund would be managed by a board of trustees to be chaired by emeritus professor of Medicine, Oladipo Akinkugbe.

He said that the fund, which is slated for launching on August 3 at the International Conference Centre, University of Ibadan, will be used renovate and upgrade the 57 state hospitals and health centers across the state.

He said it would be used to build world-class theatres and cadio-vascular centre, particularly at the State Hospital, Adeoyo, Ring Road, Ibadan.

Other uses of the fund, the commissioner said, is to recruit world-class medical workers with improved welfare package that will motivate them to give their best.

He said the fund would be a public-private-sector project as government alone cannot adequately tackle healthcare issues.




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