Oyo Govt Launch 50bn Health Endowment Fund

The Oyo State Government has disclosed that measures have been put in place to launch a N50bn health endowment fund to transform the healthcare sector in the state.

It also stated that a delivery of $2m (two million dollars) worth of medical equipment, which would be at the Cardiovascular Center of the State Hospital which is located at Ade-Oyo,Ibadan.

Dr. Azeez Adeduntan, the Commissioner for Health, stated that for the State Government

Adeduntan explained that government had realized that it could not fund the sector alone without the support and assistance from the private sector and corporate bodies.

He noted that curbing the untimely deaths which has been caused by inadequate medical facilities in the state hospitals as well as unavailability of some drugs was very necessary, adding that the endowment fund would aid in overhauling the health sector.

In order to have a wholesome transformation of the health sector in the State, the OYO State executive council today approved the launch of N50 billion health endowment fund. This is meant to overhaul the sector.

He stressed that government must do all within their capacity to provide the needed facilities to curb untimely deaths occasioned unavailability of the needed drugs and hospital equipment.

The Commissioner further explained that the equipment that just came from abroad was to be used in combating illnesses that had resulted in many untimely deaths of common people who could not travel abroad for medical attention.

He gave assurance, stating that the present administration was prepared despite the current harsh economic realities, to always look for alternative means of catering for the well-being of the people of the state.

“All these efforts are geared towards making affordable healthcare available to the people of Oyo State as enshrined in the campaign promises of Governor Ajimobi,” the commissioner noted.