House Dismisses Alleged Gang-up Against Abbas
House Dismisses Alleged Gang-up Against Abbas
*Confirms their grievances against Speaker
Adedayo Akinwale in Abuja
The House of Representatives, has dismissed reports of any gang-up against Speaker of the House of Representatives, Hon. Abbas Tajudeen.
A national newspaper (not THISDAY), had reported that the lawmakers were preparing for a showdown with the speaker when the House reconvenes on September 23.
However, in a statement, yesterday, spokesperson for the House, Hon. Akin Rotimi, maintained that the lawmakers remained solidly behind Abbas.
He accused the paper of elevating isolated remarks and informal conversations from House WhatsApp groups as if they represent the official position of any House caucus or the House itself.
“Contrary to insinuations of an impending ‘showdown’, the House remains united under the leadership of Hon. Abbas Tajudeen Speaker of the House.
“With 360 members from every part of Nigeria, across diverse political, ethnic, and religious backgrounds, the House reflects the nation’s full heterogeneity.
“Honourable Members are free to express opinions in both formal and informal settings on matters affecting their constituencies and privileges.
“However, such expressions when reported, especially when not balanced by differing viewpoints, do not constitute resolutions or positions of any caucus,” Rotimi noted.
Rotimi stressed that the House operated according to established parliamentary procedures, through which caucus leaders, committees, or individual members could formally table issues for the leadership or, where necessary, for debate and resolution by the entire chamber.
He was of the opinion that informal conversations were normal in a vibrant democracy but could not represent official positions.
“It is to the Speaker’s credit that, despite this diversity, the 10th Assembly has remained united, reaching common positions on national issues through consensus building and allowing every Member a voice.
“The House remains focused on preparing for resumption on September 23, 2025, with renewed commitment to national priorities.
“Some issues referenced in the report conflate genuine concerns with sensationalism. Delayed contractor payments are a national challenge and not peculiar to the constituency projects nominated by Honourable members.
“For many weeks, the House Leadership, through the Appropriations Committees, has engaged the Honourable Minister of Finance. Payments have commenced and the Leadership is committed to ensuring all outstanding 2024 obligations are settled expeditiously.
“Honourable Members face pressure from constituents expecting nominated projects to be implemented in line with participatory development.
“The Leadership stresses that, in accordance with the Renewed Hope Agenda of President Bola Ahmed Tinubu, constituency projects are essential for extending government presence nationwide. While these agitations are valid, they must be understood within current fiscal realities and not misrepresented.”
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*Confirms their grievances against Speaker Adedayo Akinwale in Abuja The House of Representatives, has dismissed reports of any gang-up against Speaker of the House of Representatives, Hon. Abbas Tajudeen. A national newspaper (not THISDAY), had reported that the
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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.
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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
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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.
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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.
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