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

Freedonia: Global Demand for Fuel Additives to Surge by 2016

Global demand for fuel additives will increase 4.7%/year to...

‘How Soybeans Will Reduce Malnutrition in Nigeria’

Professor Ibiyemi Olayiwola, a nutritionist, says soybean has the...

FG Commends Insurance Industry over N9bn Endsars’ Claims Payment

Zainab Ahmed Hon. Minister of Finance, Budget & National Planning SPEECH...

WEF to Lead G20 Smart Cities Alliance on Tech Governance

The World Economic Forum (WEF), the International Organisation for...

Embracing Insurance Ecosystems: Key to Thriving in Today’s Evolving Market

  By Emeka Akwiwu Executive Director Continental Reinsurance Plc At the recent 5th...

National Assembly to Support AMCON on Debt Recovery

Federal House of Representatives Committee Chairman on Banking and...

China Mobile Shutting Down 3G Base Stations

A number of China Mobile's regional divisions have started...