12/03/2026
UTL TRUST MANAGEMENT SERVICE TO PARTNER IKOT EKPENE LGA ON DEVELOPMENT
UTL Trust Management Services, a Nigerian development trustee firm, has sought a partnership that would guarantee return on investment and drive development in Ikot Ekpene Local Government Area, particularly through a business investment platform.
This follows the strategic development initiative of the Local Government Chairman, Hon. Aniefiok Nkom, aimed at strengthening investment, creating opportunities, and fostering collaboration.
The Chairman of Ikot Ekpene Local Government Area, Hon. Aniefiok Nkom, on Thursday, 12th March 2026, received a delegation from UTL Trust Management Services Limited at the Council Secretariat to explore opportunities for collaboration and investment in the area.
In his remarks, he tasked the delegation with embarking on aggressive sensitization and public education for business owners and entrepreneurs on the importance of entrusting their business funds to trust funds and insurance schemes.
Highlighting the potentials and opportunities within the area, he urged the team to establish their presence locally, assuring them of his administration’s commitment to transparency and accountability.
Hon. Nkom expressed enthusiasm about the potential partnership, highlighting the area’s investment-friendly environment and opportunities for growth, which he noted would deliver tangible benefits to the people.
Speaking earlier, the Managing Director of UTL Asset Management, Mr. Stephen Igwenwanne, commended the Council Chairman for the developmental strides recorded under his administration.
Mr. Igwenwanne explained that UTL Trust Management Services Limited, formerly known as Union Trustees Limited, operates as a registered trustee, providing services including estate planning and trust management, with a focus on assisting both public and private entities.
He added that UTL Trust Management Services is interested in partnering with individuals and corporate entities in Ikot Ekpene to invest in various sectors, including education loans and other development initiatives.
According to him, the partnership aims to boost economic growth and development in the area.
He further explained that UTL Trust Management Services Limited is registered with the Securities and Exchange Commission (SEC) to carry out trusteeship and fund/portfolio management services.
In another development, a politically concerned group under the aegis of the APC Support Group Senator (Dr.) Godswill Obot Akpabio/Pastor Umo Bassey Eno PhD Ambassador presented an Award of Excellence in Town Planning to the Council Chairman, Hon. Aniefiok Nkom, in recognition of what it described as the developmental transformation experience in Ikot Ekpene.
Responding after receiving the award, Hon. Nkom lauded the group for supporting the re-election of President Bola Tinubu, the Senate President, Senator Godswill Akpabio, and the Akwa Ibom State Governor, Pastor Umo Eno. He also urged the group to ensure that it becomes officially registered.
Otobong Eshiet
12 March 2026