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Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds - Politics - Nairaland

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Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by ogugwa1992(op): 11:08pm On Feb 01
Osun Assembly Warns UBA, Oyetola & APC Cronies over Diversion of Osun LG Funds.

● Lists About 50B of Illegal Payments Amidst Local Workers’ Suffering and Neglect

● Vows to Recover All Diverted LG Funds

● Restates Assembly's Oversight and Legislation Powers over LGs


The Osun State House of Assembly has raised alarm over illegal payments and handling of billions of naira from Osun local government fund by court sacked APC chairmen through the alleged machinations of Blue Economy minister, Gboyega Oyetola and the United Bank for Africa (UBA).


The House condemned and decried reports of billions of naira of Local Government funds been paid out under the alleged directive of Mr Gboyega Oyetola such as:

1. N25m payment to each of the 30 illegal APC chairmen;

2. N12m payment to each of the 30 illegal APC Vice Chairmen;

3. N10m payment to each of the 332 APC Councilors;

4. N130m each, to selected traditional rulers in Osun State;

5. N13B legal fees payment to Layonu and co, lawyers representing the illegal chairmen and councilors as 15% of deposited funds.


Reaffirming the illegality of forceful occupation of council secretariats by tenureless politicians, the Assembly condemned the callousness of the APC cronies and the minister, lamenting that “not one naira has been paid in the last 12 months as salaries of local workers by these illegal APC chairmen: primary school teachers - zero ; nurses and other healthcare workers - zero; local government civil servants - zero; traditional rulers not favored by Gboyega Oyetola - zero; retirees - zero.


“Even more disturbing are reports before this House that plans are allegedly underway to disburse another Fifty Billion Naira (N50B) of LG funds for political purposes, disguised as project funds, while governance at the grassroots continue to suffer”, the House alerted the public, declaring that “it will not tolerate the diversion of public funds meant for salaries, healthcare, education, and community development into private hands to fund the election of a particular politician in Osun State.


Addressing a world press conference at Osogbo on behalf of the Assembly on Sunday, the principal officers led by the House Speaker, Rt. Hon. Adewale Egbedun warned of harsh legal consequences as every illegally handled fund will be recovered and those involved will be brought to book, warning that UBA faces reputational damage and declared that Mr Oyetola breached the law by orchestrating illegal handling of Osun LG Funds.

The House which particularly frowned at illegal meddlesomeness of the blue economy minister strongly asserts that “Mr Oyetola, a nephew to President Tinubu, has no constitutional, statutory, or moral authority to control Local Governments funds, issue instructions on LG funds, influence banks, or direct security agencies in respect of LG administration, adding that “being related to the President confers no legal power to interfere in the affairs of Osun State Local Governments as Nigeria is governed by laws, not family ties.

“The Assembly formally places on record that it has written repeatedly to banks, including the United Bank for Africa Plc (UBA), that under extant Osun State laws and regulations governing Local Government administration, only career officers duly appointed under the Local Government Service Commission, including directors of finance and directors of administration and general services, are lawful signatories to LG accounts", clarifying that “politicians elected as, chairmen, councilors, treasurers, or political appointees are forbidden from being signatories to LG accounts.

“Any bank that releases Local Government funds on the instructions of unauthorised persons, regardless of who issued such instructions, acts unlawfully and exposes itself and its officers to criminal liability. Illegal disbursement of public funds is fraudulent. It is not banking practice. It is not political discretion. It is a crime.

“The House therefore warns the UBA in very clear terms that all illegal disbursements of Osun State LG funds, whether purportedly authorised by Mr Gboyega Oyetola or any other individual, will be fully recovered and treated as deliberate complicity in a financial crime. All the funds that UBA has disbursed so far with the alleged illegal instructions of Mr Oyetola is a gift to him and cannot be deducted from Osun State LG accounts.


“The international community, financial regulators, and institutional partners are hereby put on notice. If UBA Plc continues on this path, it risks reputational damage and legal consequences that go far beyond Osun State and Nigeria. No bank that claims global standards should be associated with the unlawful handling of public funds or the undermining of democratic institutions.


The House commends the Governor of Osun State for the extraordinary sacrifice made over the past 12 months in ensuring that, Primary School Teachers, Nurses, Other Healthcare Workers, and Local Government Civil Servants, continue to receive salaries despite the illegal withholding of Local Government allocations by UBA Plc on the alleged instructions of Mr Gboyega Oyetola. That a State Government had to shoulder this burden for 12 months is evidence of responsible leadership. However, such sacrifice must not become an excuse for criminal diversion of funds meant for salaries of Osun State Local Governments, the Assembly posited.

The Assembly which reaffirmed its oversight and legalisation powers based on the constitution affirmed that financial autonomy does not invalidate section 7 of the constitution, declaring that “the assembly legislative authority, or the power of the State House of Assemblies to make laws regulating Local Government administration, financial controls, and accountability, are expressly recognised under Section 7 of the Constitution of the Federal Republic of Nigeria.

“The House notes with grave concern that individuals whose elections were nullified by courts, and whose self-awarded tenure expired on 22, October 2025, continue to unlawfully occupy Local Government secretariats and interfere with Local Government finances, declaring that “These individuals have no legal mandate;They are not recognised by law, by the courts, or by the Constitution.


Affirming its resolute stand for the people, the welfare of local workers and the constitution, the assembly insisted that "the law is the law; no individual is above it; no bank is immune from it; no political interest can override it as this is supposed to be a democracy, where nobody is above the law and where Mr Gboyega Oyetola should not be allowed to carry on as if he is above the law in Osun State.

Signed:

Olamide Tiamiyu,
Chief Press Secretary to the Speaker, OSHA.
https://leaders.ng/2026/02/01/osun-assembly-warns-uba-oyetola-apc-cronies-over-diversion-of-osun-lg-funds/

Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by chelseamann(m): 11:29pm On Feb 01
21. Please spell words correctly when you post, and try to use perfect grammar and punctuation.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by thomas2024: 11:35pm On Feb 01
When I tell people that UBA is a financial institution that is secretly helping Tinubu and APC to steal Nigeria resources, they will not believe. After UBA, pick Zenith join with Access

How many people remember during the one of the business trips Tinubu made to Paris last year or 2024, Tony Elumelu was among his entourage during that time. To do what?
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Godspowerpro(m): 11:36pm On Feb 01
May the LORD Shepherd HIS people. Zero fear of GOD.

2 Timothy 3:1-4 KJV
[1] This know also, that in the last days perilous times shall come. [2] For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, [3] without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good, [4] traitors, heady, highminded, lovers of pleasures more than lovers of God;
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Kewtt: 11:37pm On Feb 01
Adeleke is winning 2nd term.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Freshandfitpod: 11:41pm On Feb 01
thomas2024:
When I tell people that UBA is a financial institution that is secretly helping Tinubu and APC to steal Nigeria resources, they will not believe. After UBA, pick Zenith join with Access
UBA helped tinubu in becoming president tinubu is returning the favour back at the expense of Nigerians. This is how corporation do their dealings...
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Freshandfitpod: 11:43pm On Feb 01
Kewtt:
Adeleke is winning 2nd term.
press9jatv have a different opinion.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Cherrybae(f): 11:44pm On Feb 01
Post evidence of these payments otherwise I do not believe this talks.

It's a road side allegations.

Only ipob and obedient will fall for this cheap blackmail
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Helpfromabove1(m): 11:49pm On Feb 01
Abeg take them to court fast fast to time to waste time
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Sirleo05: 12:08am On Feb 02
APC came to steal, kill and destroy. If u neva know about them, know it now!
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Smartt3: 12:10am On Feb 02
This is getting interesting
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by VeeVeeMyLuv(f): 12:40am On Feb 02
Others are evolving

Na only Nigeria dey devolve

I mean just look at this shiiit, do you actually call this a country? No
This is a banana Republic.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Berankis: 1:36am On Feb 02
How some people still manage to defend this Tinubu is mind blowing to me. He is so unprofessional, so crooked and deceitful in everything he does.
How did this kind of below-life entity manage to become President?
In fact, Nigeria is an overrated country of miscreants!
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Emmolap(m): 1:40am On Feb 02
if this is true, it nothing other than wickedness
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by simpleseyi: 1:48am On Feb 02
Werey pipu. You have forgotten that this is Politics and everything is Fair, the End justifies the Means
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by simpleseyi: 1:52am On Feb 02
thomas2024:
When I tell people that UBA is a financial institution that is secretly helping Tinubu and APC to steal Nigeria resources, they will not believe. After UBA, pick Zenith join with Access

How many people remember during the one of the business trips Tinubu made to Paris last year or 2024, Tony Elumelu was among his entourage during that time. To do what?
.
When Buhari, Osinbajo and Emefiele colluded with the opposition and changed the currency few weeks to election and hoarded the new currency, Tony Elumelu used his UBA to stand in for Tinubu and provided the needed funds. So Tony Elumelu was the first person paid an home visit to when he won the election. A friend in need is a friend indeed.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by frog12: 3:27am On Feb 02
dem don open pandora box shocked shocked
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by Wiseman2y(m): 3:51am On Feb 02
Tinubu should know that nothing lasts forever. People are observing how you deliberately withhold osun local government funds just because of your devilish political gains. You are a treat to true democracy.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by bewla(m): 4:03am On Feb 02
chelseamann:
21. Please spell words correctly when you post, and try to use perfect grammar and punctuation.
You to like
English who oyinbo help

Sure you read am
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by ariesbull: 5:06am On Feb 02
Sophisticated politicians in sophisticated region stealing themselves dry and that's why Osun State look terrible

Apart from Lagos that was developed by all Nigerians, all south west states look terrible
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by press9jatv(m): 5:52am On Feb 02
Freshandfitpod:
press9jatv have a different opinion.
what the speaker said here is completely false. Not true at all
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by DEROXMAN: 6:17am On Feb 02
press9jatv:
what the speaker said here is completely false. Not true at all
its very true i have direct originating motion because the chamber i worked in is handling the case, if you want evidence i will mail it to you, I just cant post on nairaland
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by baslone: 6:33am On Feb 02
Cherrybae:
Post evidence of these payments otherwise I do not believe this talks.

It's a road side allegations.

Only ipob and obedient will fall for this cheap blackmail
Well, you don’t have to believe it. That’s exactly how they share tax payers monies amongst themselves and other benefactors. Both the accuser and the accused are guilty of same until dem comot one for settings.

It’s a national pandemic
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by anonimi: 7:59am On Feb 02
thomas2024:
When I tell people that UBA is a financial institution that is secretly helping Tinubu and APC to steal Nigeria resources, they will not believe. After UBA, pick Zenith join with Access

How many people remember during the one of the business trips Tinubu made to Paris last year or 2024, Tony Elumelu was among his entourage during that time. To do what?
You are very correct about UBA and Tinubu fleecing the country.

UBA was the bank used by Tinubu to steal the $3.3 billion SPV loan from Afreximbank secured by future oil revenues.

The money has failed to help Tinubu achieve his N300/$1 short term goal before reaching N200/$1 in May 2027!
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by anonimi: 8:02am On Feb 02
Sirleo05:
APC came to steal, kill and destroy.

If u neva know about them, know it now!
The lawlessness of Oshiomhole’s Assembly of Past Criminals, APC is unprecedented and unparalleled.

Appeal Court Removed ‘Illegal’ NURTW President ‘MC Oluomo’, But He Won’t Quit Office

Musiliu Akinsanya, a former chairman of the Lagos State Parks and Management Committee, has continued to disregard the law in acting as national president of the National Union of Road Transport Workers (NURTW), a trade union of transport workers in the country.

In November 2024, a Court of Appeal in Abuja affirmed an earlier National Industrial Court of Nigeria judgment pronouncing Tajudeen Ibikunle Baruwa as president of the union.

Baruwa had served for four years and he was to be serving his second term, having been reelected in August 2023, three months to the termination of his first tenure as enunciated by the union’s constitution.

But some members of the union, led by Najeem Usman Yasin, a former president of the same union and current chairman of its Board of Trustees (BoT), disputed Baruwa’s re-election, causing the police in the Federal Capital Territory to arrest and detain him many times.

Yasin unilaterally dissolved the National Administrative Council led by Baruwa and then facilitated the setting up of a National Caretaker Committee to administer the union. At this point, Baruwa and 13 others, including the NURTW as a juristic personality, headed to the National Industrial Court.

https://fij.ng/article/appeal-court-removed-illegal-nurtw-president-mc-oluomo-but-he-wont-quit-office/
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by gaskiyamagana: 8:14am On Feb 02
chelseamann:
21. Please spell words correctly when you post, and try to use perfect grammar and punctuation.
These is nut waec and Neco markin central.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by press9jatv(m): 8:41am On Feb 02
DEROXMAN:
its very true i have direct originating motion because the chamber i worked in is handling the case, if you want evidence i will mail it to you, I just cant post on nairaland
it's completely false. Don't you hear me niii. It's completely lie. Read my post
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by thomas2024: 9:53am On Feb 02
anonimi:
You are very correct about UBA and Tinubu fleecing the country.

UBA was the bank used by Tinubu to steal the $3.3 billion SPV loan from Afreximbank secured by future oil revenues.

The money has failed to help Tinubu achieve his N300/$1 short term goal before reaching N200/$1 in May 2027!
✅This is just one out of many sha. Almost all the big players in the banking sector are nothing but legalized thieves used by these looters to steal. Nigeria is indeed a crime scene.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by IamAsiri: 2:18pm On Feb 02
Cherrybae:
Post evidence of these payments otherwise I do not believe this talks.

It's a road side allegations.

Only ipob and obedient will fall for this cheap blackmail
It's all over news here in Osogbo.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by IamAsiri: 2:19pm On Feb 02
press9jatv:
what the speaker said here is completely false. Not true at all
Keep lying through your teeth.
Re: Osun Assembly Warns UBA, Oyetola & APC Cronies Over Diversion Of LG Funds by kolafolabi(m): 3:52pm On Feb 02
This is a test of institutional integrity. If handled fairly and decisively, it could mark a win for accountability. If politicized or abandoned, it will only deepen public cynicism about governance and corruption in Nigeria.
1 2 Reply

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