FCMB founder, Otunba Balogun donates N5bn hospital equipment to UCH



    Founder of First City Monument Bank Group, Otunba Olasubomi Balogun, has donated the Otunba Tunwase National Pediatrics Centre in Ijebu Ode, Ogun State, to the University of Ibadan and the University College Hospital.

    He said the donation of the N5 billion paediatric centre was part of the commitment of the Otunba Tunwase Foundation towards ensuring that Nigerians, especially children, had access to a world-class medical facility.


    Balogun was represented at the hand-over ceremony in Ogun State, by the Group Chief Executive/Chairman of the Board of Otunba Tunwase Foundation, Ladi Balogun.

    According to him, the inspiration by Otunba Olasubomi Balogun to build the hospital was first inspired when he took over the children’s hospital at the UCH Ibadan.

    He said that was when he was exposed to the true plight of sick children and the high demand for world-class medical facility to cater for their needs in a sustainable manner.

    “Today’s event marks a significant milestone to a philanthropic project embarked upon 11 years ago, with the sole objective of providing a world-class medical facility to Nigerians, especially children, by an individual who consistently craves for the social and economic development of his fatherland,” he said.

    “This N5 billion establishment is credited as a prototype of the Great Ormond Street Children’s Hospital in London, United Kingdom,” he added.

    He said at the end of its construction, some institutions requested to manage the hospital, but that the FCMB founder strongly believed that the University of Ibadan and University College Hospital were in a better position to manage it effectively and further raise its status, considering their respective pedigrees.

    “Following the signing of the MoU last year by all the concerned parties, the resolution is that while the University College Hospital (UCH) has been mandated to provide clinical services, the University of Ibadan (UI) will engage in research and other academic works, while students from UI would also be involved as part of the training,” he noted.

    Chief Medical Director, UCH, Prof. Jesse Otegbayo, while appreciating the gesture, said it was an indisputable fact that health and welfare of the society were critical to the development of any community.

    “We at the UCH are grateful for this opportunity to contribute to the well-being of residents in Ijebu community, Ogun State and Nigeria at large,” he said.


    Please enter your comment!
    Please enter your name here