The Bank of Industry (BOI) has officially handed over a newly constructed 30-room hostel block for medical students at the Nnamdi Azikiwe University Teaching Hospital (NAUTH), College of Health Sciences, Nnewi Campus.

The facility was formally presented to the Vice Chancellor of Nnamdi Azikiwe University (UNIZIK), Professor Stanley Anyaehie, on behalf of the institution’s board and management.

Speaking during the handover ceremony, the Managing Director of BOI, Dr Olasupo Olusi — represented by the bank’s Executive Director of Large Enterprises, Mr Omar Shekarau — described the completion of the project as a significant milestone under the bank’s corporate social responsibility initiatives.

He noted that the project reflects strong collaboration and continuity among the university leadership, consultants, contractors and the BOI team, whose discipline and commitment ensured its timely delivery.

Olusi emphasised that the hostel would strengthen medical training, enhance healthcare service delivery and improve student welfare. According to him, medical education is demanding, requiring long hours, emergency calls and night duties, making proximity, safety and stable accommodation essential.

“At the Bank of Industry, development goes beyond financing businesses. It includes strengthening institutions that train professionals and sustain essential services.

Adequate accommodation is not a convenience but a necessary condition for effective learning and quality patient care,” he said.

He expressed optimism that the building would contribute meaningfully to the training of the next generation of healthcare professionals who will serve communities across the country.

In his remarks, Professor Anyaehie commended the bank for the intervention, stating that the hostel would significantly ease accommodation challenges faced by students at the new site. He also expressed the university’s willingness to partner with BOI on further infrastructural projects.

The Chief Medical Director of NAUTH, Professor Joe Ugboaja, represented by Dr Ezejiofor, said the hostel project had enhanced the institution’s infrastructure and contributed to a surge in development efforts at the campus.

He highlighted the synergy between UNIZIK and NAUTH, explaining that while the university admits medical students, the teaching hospital undertakes their clinical training.

Also speaking, a representative of the Akamiri community and Director of Nnewi Museum, Chief Caleb Okeke, appreciated the establishment of the institution within the community. He noted that the new hostel would enable students to secure accommodation within the university environment at a more affordable cost.
The project underscores the broader