HEALTHCARE TYCOON TY DANJUMA’S CHARITABLE FOUNDATION ALLOCATES N2 BILLION FOR A FIVE-YEAR STRATEGIC AGENDA.
BACKGROUND OF TY DSANJUMA
TY Danjuma, a Nigerian businessman and philanthropist, has been known for his contributions to various sectors, including healthcare, through the TY Danjuma Foundation. If there have been recent developments or announcements regarding the foundation’s strategic plans and funding, you can find the latest information from reliable news sources or the official communication channels of the TY Danjuma Foundation.
TY Danjuma is also acknowledged as one of Nigeria’s wealthiest individuals due to his holdings in various companies spanning multiple sectors, notably in healthcare, previously served as the chairman of T.Y. In this role, he played a crucial part in saving the company from financial difficulties by providing a significant multi-billion Naira loan.
His illustrious career includes holding the position of Minister of Defense for the Federal Republic of Nigeria from June 1999 to March 2003. Furthermore, he served as the Chief of Army Staff of the Nigerian Army from 1975 to 1979.
image Source: google search engine (displaying TY Danjuma Ex Cheif of Army staff.)
Beyond his public service, he is the founder and chairman of South Atlantic Petroleum (SAPETRO), a company with a portfolio of high-quality assets in West Africa. Additionally, he is a respected entrepreneur and a former Nigerian defense minister.
Danjuma acquired a 60% stake in BOC Gases Nigeria, a subsidiary of the UK-based BOC Holdings, and subsequently rebranded it as Industrial and Medical Gases Nigeria.
The TY Danjuma Foundation (TYDF), owned by a prominent figure in Nigeria’s oil and gas industry, has revealed ambitious spending plans, aiming for an expenditure exceeding N2 billion in its strategic blueprint from 2023 to 2028.
OPEN MEETING LIASE
During a meeting with partners in Abuja, Gima Forje, the foundation’s CEO, unveiled this announcement. Forje emphasized the foundation’s 15-year history of collaboration with partners, underscoring their dedication to making a positive impact on the lives of Nigerians nationwide.
Key Points:
- The foundation plans to spend over N2 billion with its partners in the 2023-2028 strategic plans, surpassing the initial projection.
- Projects include the construction of hospitals, focusing on maternal and child health, such as an eye hospital in Takum, Plateau, and maternal and child health hospitals in Benin and Enugu State.
- The strategic plan for 2023-2028 targets maternal and child health, access to quality education, preventable blindness, free medical missions, humanitarian support, and adds new elements like research and documentation in health, education, and humanitarian assistance.
- Capacity building for Non-Governmental Organizations (NGOs) is emphasized, aiming to respond to the needs of society.
- TYDF’s strategy involves bringing government and partners together for open communication, identifying obstacles, and jointly working toward common goals.
- Dr. Oteri Okolo, National Coordinator of the National Eye Health Programme, stresses the importance of NGOs aligning with government policies and ensuring value for money in intervention programs.
- Collaboration with the government, alignment with priorities, and sustainable implementation are crucial for maximizing the impact of interventions.
- Looking ahead to 2024-2028, the focus is on fostering collaboration and sustainability, particularly in the eye health space
News Source: Naria Metrics
