Meeting Minutes

Opening Prayer

Opening prayers by Mummy Amoo.

Approval of Previous Minutes

Minutes of the February meeting was read by Mr. Olufemi Adegbesan. Minutes accepted by Mr. Kuye, seconded by Alhaji Dada.

Vice President’s Announcement

The Vice President announced that our president travelled out of the state and would join in person before the end of the meeting.

Committee Updates

2025 Taxes

Mr Yinka Osifeso shared that he has filed 2025 tax for the association and handed the receipt copy to the Vice President.

Event Committee

Alhaja Kuye shared that she has secured a venue for our event and the date is July 18,2026.

She said the event venue came with a price for music and grill for 400 dollars. She further explained that the event committee have decided to not want to make amala in the park and the list of materials required for the event will be sent to the secretary later.

Mr Yinka Osifeso asked if we were going to buy T.shirt and Alhaja Kuye said we were buying it for $10 each.

Mr Osifeso and Mr Wale Afuwape asked if we were to donate or give cash instead but Alhaja Kuye said we can collect cash money.

Alhaja Kuye further said she has been the one cooking for UYOT, she said we are looking for other people in the same cooking business to come and render their services for the association.

Welfare Committee

Mr Yinka Osifeso thanked everyone for the money donated so far for Mr Q and Mr. Lala which is $1,250 in total.

Mr Kuye also encouraged everyone to always be part of contributing for others because this is how we can help each other.

Mr Tony Bello asked why he was not in the group for the donation, but Mr Yinka apologized and promised to extend it to him.

Proposed Investment

The President asked the members to please ask questions about the proposed investment.

Mr Shola said he knows that the president must have done his research about the proposed investment but he would like to know how many banks he has gone to and that we must not stay on just one bank.

The president explained all he knew about the investment and that the bank advised us to do 3 months, 6 months and 1 year respectively.

Mr Shola said he agreed with the proposal but he was concerned about the way we are doing it. He said we don’t have to follow what the bank suggested and should explore other banks as well.

The president said he has posted these investment things on our platform for everyone to see and understand what we are doing. He also said he sent the proposal to the excos and some elders among us and they all agreed to it. He said the best bank we can use for the investment is the bank we have history with, just to safeguard our money.

The president moved further to say 3 members will be signatory to the account which is financial secretary and 2 others.

Mr Shola asked about layers in the investment and the president responded that the 3 layers is to not spend all the money in the account on investment so we can start with 3,6 and 1 year investments.

Mr Femi explained to the members that whatever the proposal the president brings to the meeting, must have passed through the executives for approval and that the president is not talking on his own.

Mr Osifeso suggested we abandon the proposed layers and go ahead with 3 months and the bank will notify us on the next steps.

Mr President responded that the 3 layers were presented because we have not done it before, he just wants everyone to agree that we are doing investment.

Mr Ologolo said we must make sure we put our ladies as signatory.

Mr Shaskir Azeez said we should send someone to the bank to make enquiries about how much percentage they are giving.

Mr Afuwape said we should go ahead and vote on 10k investment.

The vote was conducted and the majority of the members online and at the meeting carried the vote.

Additional Announcements

The PRO announced the passing of Mr Shakir Azeez mother in-law, so the members can reach out to the family.

Mr Kuye also spoke about Mrs Okodogbe and the Tokunbo Beckley party. He accused the members of not reaching out to the Muslims among us in the past itunu awe.

Adjournment

The meeting was adjourned by Mr Ologolo and was seconded by Mr Kuye.