Union Bank Donates Two Vehicles to Ogun Govt

As part of its Corporate Social Responsibility (CSR) initiatives, Union Bank has donated 2 hilux vehicles to the Ogun State board of internal revenue to boost the agency’s effort in generating internal revenue for the State.

The bank’s Executive Director (Commercial Banking), Mr Adekunle Sonola, who presented the vehicles at the state secretariat in Oke-Mosan, Abeokuta, expressed support for Governor

Ibikunle Amosun’s drive towards enhancing internally generated revenue in the state.

Amosun was represented on the occasion by the state Deputy Governor, Chief (Mrs) Yetunde Onanuga.

The Union Bank team included the Executive Director (Public Sector), Alhaji Ibrahim Kwargana;

Team Lead Commercial, Foluso Adisa; Chief Marketing Officer (Retail Banking), Oluwadunni Arigbede; and Divisional Executive (South West) Samson Shittu.

Sonola, who lauded the achievements of the state government since inception, said the bank was committed to fruitful and mutual relationship with the state.

In his remarks, Amosun said the state government would seek for more private sector partnership in realising its set objective by supporting its revenue drive to reduce dependence on the dwindling federal allocation.

The governor appreciated the Union Bank management for partnering with the state government, explaining that the donation would open a new dawn of revenue drive for the state.

“We want to thank the bank for previous support. You have been so supportive for our mission to rebuild. These vehicles will indeed enhance our revenue generation for the state,” he added.

Amosun, who described the bank’s donation as “a starting point,” said he looked forward to more social and economic relationship with the state government from the bank.

He lauded the chairman of the state Internal Revenue Service, Mr Kunle Adeosun, for his ingenuity at facilitating a working relationship between the government and the financial institution.

On his part, Adeosun assured the bank that the donations would be judiciously used to improve the revenue profile of the state.

Hot this week

CIIN Boss, Yetunde llori, Bows Out, Lists Achievements in Office

Mrs. Yetunde llori, the President/Chairman of Council, Chartered Insurance...

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Topics

TOTAL Reiterates Commitment to Providing Clean Energy

Total Exploration and Production Nigeria Limited has reiterated its...

NEM Insurance Plc AGM 2023

  From left: Group Managing Director/CEO, NEM Insurance Plc, Mr....

FNITCC Atlanta: Fidelity Bank to Spotlight Fintech’s Role in U.S. – Africa Trade

  Tier-one lender Fidelity Bank Plc will host a high-profile...

Qatar Airways to Launch Longest Flight in History

Qatar Airways may be about to launch the longest...

Maida Excited at Nigeria’s Success at World Radio Communications Conference 2023

Executive Vice Chairman/ Chief Executive Officer, Nigerian Communications Commission, Dr....

Optimism Reigns in 2015 Insurance Industry Outlook

Despite falling oil prices and post-election uncertainties,the Nigerian insurance sector is looking into the future with broad optimism and confidence. Mr. Fola Daniel, Commissioner for Insurance, National Insurance Commission (NAICOM) says the industry is undergoing rapid transformation, thus requiring the strategic support of operators and other relevant stakeholders to enable the industry occupy its rightful position in the forefront of the financial services sector in Nigeria.

NSIA Insurance Completes Phases1, 2 of Govt Senior College, VI School Project

As part of its unwavering commitment to corporate responsibility...

Growth on African Business Agenda – PwC Report

Africa remains one of the preferred frontiers for investment...