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VC Commends AE-FUNAI Cooperative Society for Advancing Staff Welfare, Financial Empowerment

The Vice-Chancellor of Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi state, Prof. Daniel Nwachukwu, has commended the University’s Cooperative Society for its consistent commitment to staff welfare and financial empowerment.

VC, Prof. Daniel Nwachukwu speaking during the visit

Prof. Nwachukwu gave the commendation when the Executive Committee of the AE-FUNAI Multi-Purpose Cooperative Society Limited paid him a courtesy visit, where they also presented a report on the Society’s achievements, ongoing projects, and plans for future growth.

Describing the Cooperative as a vital partner in promoting financial stability, the Vice-Chancellor praised its efforts in encouraging savings and investments and enhancing the quality of life of University employees.

He noted that the Society’s contributions have complemented the University’s drive to create a supportive and productive work environment. Prof. Nwachukwu expressed satisfaction with the progress recorded so far and urged the leadership to sustain the momentum through innovative programmes and prudent management.

He reaffirmed Management’s support for initiatives aimed at strengthening the Cooperative and expanding its impact on members. He also encouraged staff to participate actively in the Society’s activities, stressing the role of cooperatives in fostering economic growth and collective prosperity.

President, AE-FUNAI Multi-purpose Cooperative Society, Dr. Adewale Adeolu speaking at the event

Earlier, the President of the Cooperative Society, Dr. Adewale I. Adeolu, thanked the University Management for its continued support. He highlighted the Society’s strides in improving members’ welfare through accessible loans, financial assistance, savings opportunities, and various welfare programmes that have positively impacted staff.

Dr. Adeolu attributed the Society’s steady growth and expanding services to prudent financial management, transparency, and members’ commitment. He reaffirmed the Cooperative’s dedication to enhancing staff welfare and contributing meaningfully to the development of the University community.

The President also briefed the Vice-Chancellor on ongoing projects and future initiatives, and sought continued collaboration with the University Administration to further strengthen the Society’s operations and benefits.

The visit ended with the presentation of a membership form and documents detailing the Cooperative’s achievements to the Vice-Chancellor, along with a renewed pledge by both parties to strengthen their partnership for the benefit of staff and the institution.

VC, Prof. Daniel Nwachukwu and principal officers in a group photograph with the Executive Council of AE-FUNAI Multi-purpose Cooperative Society, Dr. Adewale Adeolu during the visit