Vice President Prof. Yemi Osinbajo, has promised that the University College Hospital, Ibadan, will soon receive a Federal Government fund sourced through the Sovereign Wealth Fund for the upgrading of the hospital facility.
Osinbajo, made this known at the 60th anniversary lecture of the UCH and the opening of the Sir Kesington Adebutu Geriatric Rehabilitation Centre, noted that for the first time in two decades, Nigeria had dedicated 30 per cent of its total budget to infrastructure, while also stressing that without creating the enabling environment for private participation in the health sector, poor health care delivery would continue in the country.
The V.P said, “We want to offer affordable, accessible and qualitative health care to all Nigerians, irrespective of social status and location. At the heart of this vision is our goal of providing basic health care to all.
“The UCH is one of the eight initial tertiary health facilities that the FG will be upgrading through the investment of the Sovereign Wealth Fund. Soon the hospital will get its own funding.
“For the first time in almost two decades, we are spending as much as 30 per cent of our budget on infrastructure. The 2016 capital stand on N1.3tr is the highest in the nation’s history. Yet, we are still a long way from adequate dealing with the massive infrastructure deficit. We have to seek greater private sector spending.”
Lamenting on the the present brain drain in Nigeria’s health institutions like the UCH, the vice president stresssed that it was important to ensure the return of the nation’s best doctors and other professionals to help in nation building.