Last Updated on May 3, 2026 by Olasunkanmi Olajide
By Olaoye Oyewole
The Senior Staff Association of Nigerian Universities (SSANU) Investment Scheme (SIS), has successfully held its 2025 Annual General Meeting (AGM) on April 22, 2026, at the SSANU Secretariat.
Delivering a Goodwill Message on behalf of the Registrar, Dr. Titus Adeniyi, Mrs. Funmi Bamgboye commended the leadership of the SSANU Investment arm for its commendable performance. He noted that available financial records indicated improved outcomes, reflecting prudent management and strategic planning.
Similarly, the Bursar, Mr. Olukayode Osinuga, represented by Mr. Akeem Folorunso, congratulated the Investment Committee and members for sustaining unity within the scheme. He further urged members to remain committed to loan repayment obligations to ensure the sustainability of the scheme.
In his address, the SSANU-FUNAAB Chairman, Comrade Olugbenga Alayode, encouraged members to take full advantage of the various investment opportunities available within the scheme. He assured members of the Board that its continued support would enhance benefits and improve overall service delivery, expressing confidence that members’ expectations would be met.
Earlier, the Chairperson of the Investment Scheme, Mrs. Deborah Ologun, appreciated members for their trust and support, noting that the scheme recorded significant achievements in the last financial year. She, however, observed that some members were yet to key into newly introduced investment opportunities and urged them to do so.
Mrs. Ologun also advised members who had acquired landed property at Owe Village to commence development promptly to avoid forfeiture, adding that decisive steps would soon be taken to address outstanding land-related issues.
Highlighting the scheme’s financial activities, she disclosed that the association invested the sum of Ten Million Naira (₦10 million) in Treasury Bills trading with Zenith Bank at an interest rate of 14 per cent during the year under review.
