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PDP Southwest Chairman Decries FG Withholding LG Funds as Crime to Humanity 

PDP Southwest Chairman Decries FG Withholding LG Funds as Crime to Humanity 

Yinka Kolawole in Osogbo 

The Vice Chairman South West  of the Peoples Democratic party (PDP), Kamorudeen  Ajisafe, weekend, slammed the federal government over the continue withholding of the local governments allocations meant for councils in Osun State, saying the action was an offence against humanity.

Ajisafe also opined that President Bola Tinubu has not reciprocated the good gesture extended to him by Governor Ademola Adeleke, adding that the federal government was depriving Osun people of their fundamental rights to funds and welfare because of politics.

The PDP chieftain, in a telephone interview with THISDAY, stressed that Adeleke should be given credit for the way he has handled the finances of the state despite the absence of local government allocations.

According to him, “Ademola Adeleke of Osun, has declared support for President Bola Tinubu’s second term. Isn’t it the same President that is withholding Osun State local government funds? Let’s see how it goes.

“The people of the state are not fools. If not that the Adeleke family is strong morally and financially, and the governor is committed to good governance, how would the state have survived the blockade?”

He reiterated that Adeleke has been depriving himself of many things to make the state better, saying, “He is not taking security votes and has been travelling on his family’s private jets. He has been saving money to do all the projects in the state.”

He equally remarked that Adeleke has also been paying the half-salary the APC government owed workers, despite the LG funds seizure, and has also been paying pensioners across the board. Let’s give him credit.

“If Nigeria was a nation you and I expect it to be, nobody would have been able to seize the LG funds. You are depriving a lot of people of their fundamental rights to funds and welfare because of politics. That is an offence against mankind,” he said.

The post PDP Southwest Chairman Decries FG Withholding LG Funds as Crime to Humanity  appeared first on THISDAYLIVE.

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Yinka Kolawole in Osogbo  The Vice Chairman South West  of the Peoples Democratic party (PDP), Kamorudeen  Ajisafe, weekend, slammed the federal government over the continue withholding of the local governments allocations meant for councils
The post PDP Southwest Chairman Decries FG Withholding LG Funds as Crime to Humanity  appeared first on THISDAYLIVE.

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Union Bank Finalises Merger with Titan Trust Bank

Union Bank Finalises Merger with Titan Trust Bank

Nume Ekeghe

Union Bank of Nigeria Plc has confirmed the successful completion of its merger with Titan Trust Bank Limited, following the final approval of the Central Bank of Nigeria (CBN).

The deal, which began with a Share Sale Agreement in 2021, consolidates Titan Trust’s operations and assets into Union Bank, leaving the 108-year-old institution as the surviving entity.

In a statement issued by the bank’s Chief Brand and Marketing Officer, Mrs. Olufunmilayo Aluko, Union Bank described the merger as a transformative step that combines its long-standing heritage with Titan Trust’s agility and innovation.

The enlarged entity, operating under the Union Bank brand, now boasts 293 service centres, 937 ATMs, and a stronger digital backbone to serve retail, SME, and corporate customers nationwide.

Commenting on the milestone, Managing Director and Chief Executive Officer, Mrs. Yetunde Oni, said: “ This is a pivotal moment in our 108-year journey, and a launchpad for delivering greater value to our customers. By blending stability with innovation, we are better positioned to meet the evolving needs of Nigerians and to be their most trusted financial partner.”
Also speaking on the transaction, Chairman of the Board of Directors, Mr. Bayo Adeleke, said: “This is a new era of growth, collaboration, and shared prosperity. By bringing together the strengths of both institutions, we are committed to creating lasting value for our customers, shareholders, and communities while advancing Nigeria’s financial inclusion agenda.”
Union Bank assured its customers that their account details remain unchanged and services will continue seamlessly, while the bank accelerates its push into enhanced digital solutions.

This strategic consolidation strengthens Union Bank’s market position, unlocks operational synergies, and underscores its ambition to deliver a modern, robust, and inclusive banking experience for all.

The post Union Bank Finalises Merger with Titan Trust Bank appeared first on THISDAYLIVE.

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Nume Ekeghe Union Bank of Nigeria Plc has confirmed the successful completion of its merger with Titan Trust Bank Limited, following the final approval of the Central Bank of Nigeria
The post Union Bank Finalises Merger with Titan Trust Bank appeared first on THISDAYLIVE.