Aigboje Aig-Imoukhuede, Wife Donate $5 million to Healthcare Initiatives

Aigboje Aig-Imoukhuede, Nigerian multimillionaire and founder of the Aig-Imoukhuede Foundation, a public-sector focused philanthropic organization and his wife, Ofovwe, has donated N2.3 billion ($5 million) to healthcare sectors in Africa. The donation was given towards enhancing healthcare in Africa and fostering actions that contribute to beneficial outcomes for Africans.

The multimillionaire made the announcement during the recent Africa-UK Health Summit in London. He said the funds would be channeled towards supporting the Private Sector Health Alliance of Nigeria’s (PSHAN) ground-breaking initiative and the Adopt a Healthcare Facility Program (ADHFP). 

This is fostered on establishing a one world-class primary healthcare in each of the 774 local governments in Nigeria, providing access to affordable primary healthcare.

The Private Sector Health Alliance of Nigeria, a business-led platform that mobilizes the private sector’s resources and capabilities and leverages the same to support the improvement of Nigeria’s healthcare system. The sector was established in 2010 by Nigerian billionaires Aliko Dangote, Jim Ovia, Aig-Imoukhuede, and other business leaders. 

According to Aig-Imoukhuede, the donation is intended to get the equipment, staff, and medicine to deliver complete community services for five years on all healthcare centers.

Aig-Imoukhuede presented a speech at the summit  titled, “Health Financing and Role of Business.” In his remarks, he noted that African governments need to increase their per capita spending to address healthcare challenges.

The Africa-UK Health Summit is an annual gathering of important stakeholders to foster debate and collaboration in order to address Africa’s serious health concerns.

Aig- Imoukhede – What you need to know

Aig-Imoukhuede is a former CEO of Access Bank, Nigeria’s largest bank by asset base. He and his business partner Herbert Wigwe famously acquired Access Bank, a small commercial bank, after cutting their teeth as senior management staff at Guaranty Trust Bank in 2002.

They have both built it into one of the largest financial institutions in Africa over the past two decades.

Aig-Imoukhuede is still a significant shareholder in Access Corporation, the new parent company of Access Bank. His shares are held through Tengen, the Lagos-based single-family office that manages his wealth, and that of his partner, Wigwe.