Osun Assembly Warns Against Unauthorised Withdrawal Of LG Funds

The Osun State House of Assembly has warned against unauthorised withdrawal of local government funds.

In a statement by the Chief Press Secretary to the Speaker of the Osun State House of Assembly, Olamide Tiamiyu, the assembly said it passed a resolution on the proper management, operation, and procedures for the withdrawal of local government funds across the state at its plenary today, Monday, September 29th, 2025.

He said, ‘’This resolution, which is backed up by the 1999 Constitution of the Federal Republic of Nigeria (as amended), the Osun State Guidelines on Local Government Administration, 2025 and the Osun State Public Financial Management Law, 2020,  affirms as follows:

“That only duly authorised officers under the employment of the Local Government Service Commission are permitted to be signatories to local government accounts.

“That any attempt by unauthorised persons to access Local Government funds is unlawful, unconstitutional, and of no legal effect.

“That all commercial and other financial institutions operating in Osun State are directed to comply strictly with this Resolution, while government agencies are to ensure close monitoring and enforcement.

‘’That any violation of this directive will be treated as aiding and abetting financial fraud and will attract full legal consequences under the law; and that  this step is taken in the public interest to safeguard the resources of our Local Governments, ensure accountability, and guarantee that funds meant for grassroots development are protected from abuse or diversion.’’

Therefore, the House called on the public to remain vigilant and report any suspected infractions to the appropriate authorities.