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FUNAAB to Partner with Cooperatives for On-Campus Staff Housing – VC

Published On:

June 5, 2024

By Olaoye Oyewole & Temiloluwa Osinuga

The Vice-Chancellor, Federal University of Agriculture, Abeokuta (FUNAAB), Prof. Babatunde Kehinde, has announced that the University Management is opened to partnering with cooperative societies to develop staff accommodations on campus.

Prof. Kehinde made this known during a One-Day Workshop, titled “Financial Management in a Critical Economic Space,” organised by the ASUU-UNAAB Multipurpose Cooperative Society at the 1,000 Capacity Lecture Theatre.

Represented by the Deputy Vice-Chancellor, Development, Prof. Kola Adebayo, the Vice-Chancellor emphasised the administration’s commitment to staff welfare.

Director, Directorate of Sports, Dr. Sam Olabanji demonstrating light exercises for the members during the Workshop, while the HoD, Agricultural Extension & Rural Development (AERD), Prof. Petra Abdusalam-Saghir (2nd Right) and other dignitaries watch with keen interest

He highlighted the transportation challenges and security concerns that staff face in commuting to the campus daily, noting that building on-campus accommodation for staff members would address the issues.

Prof. Kehinde stressed that collaborating with cooperative societies was essential for overcoming obstacles to this project, even as he welcomed any cooperative society ready to partner with the University Management to make the dream a reality.

The Workshop Guest Speaker, Dr. Adewale Onadeko, an alumnus of the University, delivered a lecture on financial management amidst economic challenges.

He advised individuals to diversify their income sources to mitigate the impact of inflation and encouraged proactive financial planning for future growth.

Dr. Onadeko, Fellow, Chartered Accountant of Nigeria urged ASUU cooperative members not to rely solely on pensions, suggesting investments in bonds, land, and buildings to secure additional income.

He stressed the importance of consulting financial managers for proper investment and spending strategies.

He noted the importance of making money, managing it wisely, and multiplying it to achieve financial stability, adding that one needs to invest in assets, not liabilities, and to prioritise financial goals and personal responsibility.

President, ASUU-UNAAB Multipurpose Cooperative Society, Prof. Adebukunola Omemu addressing members of the Cooperative Society during the Workshop

According to him, there were three key takeaways he harped on which were: “Do you have a financial goal?”, “Are you taking personal responsibility for your financial health?”, and “Do you have all the support required for your financial needs?”

In addition, Dr. Samuel Olabanji, Director, Directorate of Sports, recommended regular participation in the University’s “Walk for Life” programme and other light exercises to maintain good health, which was crucial for financial well-being.

The Director of Health Services, Dr. Oluseyi Anjorin, represented by Dr. Olusegun Salami, encouraged cooperative members to prioritise regular medical check-ups, proper hydration, social interactions, and a balanced diet for overall health.

He highlighted the importance of healthy diet, and stress reduction, encouraging the members to prioritise their mental health, and practice safe habits.

Dr. Catherine Oladoyinbo, Head of Nutrition and Dietetics (NUD), represented by Dr. Olufunke Akinbule, advised on the importance of moderate eating, avoiding junk food, and not skipping breakfast.

According to her, the importance of eating a balanced diet rich in fruits, legumes, whole grains, and vegetables, cannot be over-emphasised.

She, therefore, highlighted the risks of cardiovascular diseases and provided practical tips on healthy eating, reiterating that good health among lecturers enhances their ability to impart knowledge effectively.

A cross-section of members of the Society at the Workshop

In his Address, the ASUU-UNAAB Chairman, Dr. Oluwagbemiga Adeleye who was represented by Dr. Segun Owoeye, emphasised the necessity of financial planning for all individuals.

Earlier, Prof. Adebukunola Omemu, President of the ASUU-UNAAB Multipurpose Cooperative Society, appreciated the University Management for supporting the Workshop.

She explained that the Workshop was organised to help members navigate the current economic challenges, while she appreciated the Guest Speaker and other presenters for their contributions.

Highpoint of the event was the medical check-up conducted for all the members present.

Last Updated on June 7, 2024 by Olasunkanmi Olajide


  • Olasunkanmi Olajide

    Mr. Olajide is a seasoned professional with over a decade of expertise in the fields of Public Relations, Media and Communications. He currently holds the position of Assistant Director, Media.

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