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Guidelines for the Partnership Connect Project

The Partnership Connect Project is designed to provide financial assistance to qualified members with compelling business proposals. Whether you’re looking to start a new business or strengthen an existing one, this initiative aims to support you.

Committee Structure:

- Formation: A dedicated committee will be established to review requests and make decisions regarding financial assistance for members.
- Composition: The committee will consist of contributors to the Personal Value Funds Project, as their contributions fund this initiative.
- Authority: The committee will have full control over how funds are disbursed.
- Performance Monitoring: The committee will conduct a quarterly performance review of loan beneficiaries, rating them on a scale of 1-5. A minimum rating of 4 is required, though a rating of 5 is preferred.
- Loan Decisions: The committee will determine the initial loan amount and any subsequent disbursements based on the beneficiary’s performance.
- Welfare Matters: All other welfare-related issues will be managed by the AUDSSConnect Welfare Committee.

Member Requirements:

- Dues: Members must be current on their dues to qualify.
- Loan Request: A written request outlining the purpose of the loan must be submitted.
- Guarantors: Members must provide two guarantors who are participants in any of the Thrift programs.
- Performance Updates: Members must agree to provide quarterly updates on how the loaned funds are being utilized. Performance will influence eligibility for future loans.

Funding and Loan Terms:

- Source of Funds: Funds will come from personal contributions by members who wish to support the project.
- Management: These funds will be held in trust and loaned to qualified members at a 10% interest rate.
- Interest Allocation: All interest earned from the loans will be returned to the Connect account.
- Repayment Schedule: Repayment frequency will be determined on a case-by-case basis.
- Loan Amount: The amount of each loan will also be determined individually. Beneficiaries will initially receive a portion of the requested amount, with the balance disbursed based on their performance.
- Loan Duration: The loan term can be up to 24 months, with specific terms decided on a case-by-case basis.

This framework ensures that the Partnership Connect Project operates transparently and effectively, providing the necessary support to help our members succeed in their business ventures.

The next meeting will be held in August 2018. Day is yet to be determined

 

The 3rd Quarterly AUDSS-Connect meeting was held on May 19th 2018. 

The 2nd Quarterly AUDSS-Connect meeting was held on February 17th 2018. 

 

Meeting Minutes - May 19th 2018 AT FLOURISHING BUKA  60 OGULANA DRIVE, SURULERE LAGOS.

1.0 ATTENDANCE

NAME                                                                        PHONE NUMBERS

PASTOR Mr. COLLINS EKPEYONG (CHAIRMAN)   08023255057

SOYEGE ROTIMI  08055212093/08123308919

ENGR. O. E. AKINNAWONU                     08034921823

HAMEED ANWOJU                                    08037557885        

DEBO AJAYI                                              08023701365

ABIOLA SAVAGE                                     08034918479

MOJISOLA VINCENT DADA                      07039463929

PATIENCE EKPEYONG                             08163717343

KEMI SALAUDEEN                                   08022389441

ABIODU GEORGE OTEGBADE                 08031258916

ADIJAT BADRU JUNAID                          09037428740

BAWA OLAYINKA                                     08187256126

OJULUWAYO O.D. AKA BENJAMIN         08056564734

PATRICIA EKHATOR                                08097621225

ONYEDIKA ARINZE                                  08139617124

AYOOLA BABALOLA                                  08023641334

ZAKARIYAH OLUWAMAYOWA YUSUF     07030906119

OSHILAGUN SHEHU                                  08035377858

HARUNA ISMAIL                                       08033337352

FEMI BALOGUN                                         08052211877

HABEEBAT KEMI LAWAL                          08020338719

KUDIRAT LAWAL                                      08027613372

BUKOLA LATOSUN                                    08005742995

OMONIYI DAVID                                       08055454801

SALAKO ADETUNBI                                   08138123191

OBA AWOBOKUN                                       08056403069

AUGUSTINE AGBAHIWE                           08023213889

2.0        COMMENCEMENT

The meeting commenced at 12:49pm with short prayer offered by Mr. Haruna Ismaila and was presided over by the Chairman who welcomed everyone present and thanked them for suspending their tight schedule to attend the third edition of AUDSS-Connect meeting.

3.0        MATTERS ARISING

3.1        He acknowledged the presence of Mr. Rotimi Soyege (Former CRK Teacher) whose immense contributions have added value to the connect project, not forgetting all set above and below the 91-set present at the meeting.

However, the Chairman appealed to all present that the last minutes of meeting was not prepared because the two Secretaries saddled with the responsibility of preparing minutes of meetings were unavoidably absent at the last meeting.

Thereafter, it was at this point the Chairman invited Mr. Soyege Rotimi to address the meeting. Mr. Soyege commenced his opening speech with a song thanking God for a day like this, where He was privileged to be seated with his old students who have now transformed to Men. Furthermore, He felt elated to be amongst us after 27years 1991 set graduated from Ansar Ud Deen Secondary School (AUDSS) we could still remember Him and others (Co. Teachers) for good. He took us back to memory lane by reminding the meeting that the class of 91 was the first set He lectured in 1987 when He was deployed into AUDSS. He went on to express His disappointment at the proscription of Ansar Ud Deen Secondary School (AUDSS) and urged influential members in the larger society to seek redress and reversal of this decision. In conclusion, members were advised to be of help to one another as all fingers are not equal.

3.2        FINANCIAL UPDATES

              The Chairman apologized to members that printed copies of the financial update of members and other expenses were not adequate, but urged members to take advantage of the AUDSS-Connect website and all the various platforms in existence for a broader update of all financial transactions etc.

 3.3        INCOME AND EXPENDITURE

The Chairman informed the meeting that the Income and Expenditure between July 2017 – May 2018 is at the total sum of ₦793,350.He said the sum of ₦170,000 has been earmarked for Business Partners (BP) a private initiative project by few kind-hearted individuals to help some of our colleagues who are into business, which He was happy to announce that the businesses are doing well, and the refund of loans too was prompt. Please see the table below for detailed analysis of the state of finances for your digest.

  

Income & Expenditure Statement

         

Income (July '17 - May '18)

Credit (Naira)

         

Contributions

793350

         

BP Connect Project

170000

         

Dues

304125

         

 

 

         

Expenses (July '17 - May '18)

Debit (Naira)

         

Support-1

100000

         

Website Development

100000

         

Support-2

50000

         

Support-3

200000

         

Bereavement Benefit

40000

         

Deposit Biz Registration

50000

         

Feasibility Study

30000

         

Logistics (Trip)

65000

         

Biz Partner Connect

170000

         

Protocol (Calls)

15000

         

Total Reunion Expense

722000

         

AUDSS Clique

28000

         

Support - 4 Helen Inije's Son

90000

         

Gift Basket for Teachers

50000

         

 

 

         

Total Expenses →

1710000

         

 

 

         

Miscellaneous Expenses →

56145

         

 

 

         

Membership Dues →

304125

         

 

 

         

Funds on Hold →

1137450

         

 

 

         

Reunion Card Sale →

70000

         

 

 

         

BP Connect Project Contribution →

170000

         

 

 

         

Disbursed BP Connect Project →

150000

         

 

 

         

Redeemed Pledges Reunion Project →

354000

         

 

 

         

Pledges for Reunion Project →

1845000

         

 

 

         

Aso Ebi →

-5000

Oduntan still owe connect 5K for Owo Aso Ebi

 

 

         

Total Pledges →

0

         

 

 

         

Total Reunion Expense →

722000

         
             

Total Available Balance →

585675

         

Total Account Balance →

1746980

         
             

 

3.4        THRIFT UPDFATE

The existence of two Thrift systems running simultaneously was brought to the fore, with members contributing ₦150,000 to collect ₦950,000 when it is their turn, while members that contribute ₦20,000 will also receive ₦220,000 rotationally with the primary aim of adding positive value to the purchasing power of participants. The Chairman further said that there is a flexible plan in the pipeline to commence rift of ₦40,000 monthly to encourage those that want to participate to also benefit from, which the Exco members are deliberating on. He enjoined all members to key into this to broaden members’ source of income. In addition, contributions are received latest 25th of each month and before one can participate here, two sureties amongst the participants must stand for a new member to guide against default.

3.5        DUES PAYMENT

Members were advised to pay up their annual dues as erring members will not be inducted at the upcoming Gala/Award night coming up on 20th October 2018.

3.6        REUNION PARTY/CARD PAYMENT

The Chairman implored members to endeavor to pay up for Invitation card for the upcoming Gala/Award Night coming up on 20th October 2018 as He informed that the invitation cards has being heavily subsidized to cost ₦10,000.00 only for participants. Benefit of buying and attending the event include amongst others, a buffet, beach outing at barracuda beach, provision for entertainment and refreshment, provision of a disc Jockey (DJ) and above all adequate security. He encouraged members that want to pay installment to kindly do so and members that have pledged should also kindly redeem their pledges on or by the end of August 30th, 2018. Notice of all pledges redeemed should be communicated to the General House (GH) platform for proper acknowledgement and documentation. Fund raising strategy like sales of invitation cards which qualifies members to a raffle draw with three tablets to be won are some of the aggressive strategy geared towards raising additional fund for the Gala Night. Members can also bring their children to the beach on the condition that Exco members are duly notified to prepare for other logistics in earnest, but Children are not allowed into the Gala Night because access to the hall shall be strictly by invitation cards presently on sale.  The breakdown of payment for reunion party/card payment were further analyzed in tabular form below;

 

Reunion Party

     

Name

Pledged Amount (Naira)

Redeemed Amount (Naira)

 

Total     Pledged Amount (Naira)

Total Redeemed Amount (Naira)

Collins

150000

90000

 

1845000

354000

Emmanuel Ikhana

50000

 

 

 

 

Aliu Bajulaiye

100000

 

 

Outstanding Balance

Anonymous

200000

92000

 

1491000

 

Agiri Kazeem

100000

 

 

 

 

Idris Opeloyeru

100000

 

 

Budget to Contribution

Risi Balogun

100000

 

 

2312000

 

Wunmi Thomas

50000

 

 

 

 

Michael Udu

50000

 

 

 

 

Yomi

100000

 

 

 

 

Shola Shoniran

25000

 

 

 

 

Labake Oshundun

100000

 

 

 

 

Austin Agbaiwe

50000

 

 

 

 

Henry Udu

50000

 

 

 

 

Olugbenga Ukiri

50000

 

 

 

 

Ismaila Haruna

50000

50000

 

 

 

Anthonia James

50000

30000

 

 

 

Ola Mustafa

45000

 

 

 

 

Okey Ezeifedi

50000

 

 

 

 

Patience Ekpenyong

5000

 

 

 

 

Dapo Akinowonu

20000

 

 

 

 

Abiodun Otegbade

20000

12000

 

 

 

Hamed Anwoju

50000

 

 

 

 

Gabriel Ezeoke

50000

50000

 

 

 

Anonymous (RO)

100000

 

 

 

 

Tunde Jibril

50000

 

 

 

 

Anonymous (MV)

50000

 

 

 

 

Abraham Folorunsho

30000

30000

 

 

 

 

Card Payment (10K Per Card)

Name

Card Reservations

Redeemed

Payment (Naira)

Number of Guest

 

Total Guest (Confirmed Attendees)

Available Guest Slots

Total Redeemed Money (Naira)

Teachers

20

 

0

0

 

7

250

70000

Nelson Eguavon

10

 

0

0

 

 

 

 

Ebenezer Olatunbosun

10

 

0

0

 

Remaining Slots →

243

 

Collins Ekpenyong

7

2

20000

2

 

 

 

 

Emmanuel Ikhana

5

 

0

0

 

Total Reservations →

161

 

Tunde Jibril

3

 

0

0

 

Remaining Slots →

89

 

Wilson Ogbeide

5

 

0

0

 

 

 

 

Mufutau Akinyan

2

 

0

0

 

 

 

 

Comfort Edozie

2

 

0

0

 

 

 

 

Hamed Anwoju

2

 

0

0

 

 

 

 

Aliu Bajulaiye

5

 

0

0

 

 

 

 

Gabriel Ezeoke

2

 

0

0

 

 

 

 

Adeolu Bello

2

 

0

0

 

 

 

 

Kemi (OBA)

7

5

50000

5

 

 

 

 

Fola Abraham

3

 

0

0

 

 

 

 

Risi Balogun

5

 

0

0

 

 

 

 

Omolabake

2

 

0

0

 

 

 

 

Yomi Amisah

5

 

0

0

 

 

 

 

Agiri Kazeem

3

 

0

0

 

 

 

 

Moji Dada

2

 

0

0

 

 

 

 

Olugbenga Ukiri

2

 

0

0

 

 

 

 

Michael Udu

3

 

0

0

 

 

 

 

Okey Ezeifedi

2

 

0

0

 

 

 

 

Henry Udu

2

 

0

0

 

 

 

 

Ismaila Haruna

2

 

0

0

 

 

 

 

Shehu Oshilagun

2

 

0

0

 

 

 

 

Abiodun George

2

 

0

0

 

 

 

 

Muraino Ogunjobi

2

 

0

0

 

 

 

 

Regina Osamor

2

 

0

0

 

 

 

 

Dapo Akinowonu

2

 

0

0

 

 

 

 

Augustin Agbaiwe

2

 

0

0

 

 

 

 

Bashiru Mustafa

2

 

0

0

 

 

 

 

Kamal Mustafa

2

 

0

0

 

 

 

 

Anthonia James

2

 

0

0

 

 

 

 

Edward Olowo

2

 

0

0

 

 

 

 

Ikpomwosa

3

 

0

0

 

 

 

 

Nurudeen

2

 

0

0

 

 

 

 

Kazeem Adeowo

2

 

0

0

 

 

 

 

Tunde Adekola

2

 

0

0

 

 

 

 

Dotun

4

 

0

0

 

 

 

 

Ayo Babalola

2

 

0

0

 

 

 

 

James Asogba

2

 

0

0

 

 

 

 

Adekusibe Odunfa

2

 

0

0

 

 

 

 

Femi Hassan

2

 

0

0

 

 

 

 

Titi Noibi

2

 

0

0

 

 

 

 

Sema Rachel

2

 

0

0

 

 

 

 

Abiodun Oshikomaiya

1

 

0

0

 

 

 

 

Abidemi Green

2

 

0

0

 

 

 

 

 

3.8        DRESS CODE

              Men are expected to be on black suit, white shirt and lemon/yellow bow tie. While ladies are expected to put on evening gown, scalf, hand band, yellow/green necklace.

 

3.9       TRANSPORTATION

A 32-seater bus was being arranged to carter for to and fro movement of members to the beach. Those that are also mobile are also enjoined to bring on their cars for comfort and convenience.

              A red carpet is also expected for early comers with side event like photo shoot and light interview of few selected members etc.

 

              3.9        AOB

 

Mr. Benjamin inquired on what was the motive(s) of associating with the AUDSS-Connect, when did the AUDSS-Connect and thrift commenced? He also liked to know if there was any constitution guiding the connect? He was also inquisitive on the cost of the annual dues.

The Chairman in responding said the AUDSS-Connect started since July 2017 and the annual dues to be paid by members are as follows;

              Members in Diaspora                ₦10,000

              Members in Nigeria                  ₦6000

 On the issue of constitution, the Chairman responded in affirmative and further said a committee came up with all conditions for membership which is on the website and platforms for further clarity.

Other sets present in the meeting were told to introduce themselves, which they all obliged to and spoke glowingly about the concept and love they found amongst us in the connect.

The need to amalgamate all other sets to have a common body was also emphasized by Mr. Ayo Babalola and passionately canvassed by other sets present. The Chairman in responding said the class of are not averse to amalgamation of the entire set. He observed that 1992 set being presided over by Mr. Ebenezer runs presidential system which is contrary to the 1991 set that runs executive committee-based system.

 4.0        CLOSING REMARKS

The meeting adjourned at 3;10pm following a motion for adjournment moved by Mrs. Abiodun George Otegbade and seconded by Benjamin Ojuluwayo. Next meeting to hold in September 2018.

 

……………………………………………………………..                             ……………………………………………………………………

Chairman AUDSS-CONNECT 91                                                       General Secretary

 

Praise God for the successful inaugural AUDSS-Connect meeting that was held in November.   

 Location: Flourishing Buka

                 60 Ogunlana Dr

                 Surulere Lagos

Time: 11:00am

Date: November 11th, 2017

Meeting Minutes

 

MINUTES OF MEETING OF INAUGURAL MEETING OF AUDSS 1991 SET  HELD ON SATURDAY  11TH NOVEMBER, 2017 AT FLOURISHING BUKA  60 OGULANA DRIVE, SURULERE LAGOS.

1.0     ATTENDEE'S NAMES                                                       

PASTOR Mr. COLLINS EKPEYONG (Leader), ENGR. O. E. AKINNAWONU, ARC. KENNETH OZIGBO, HAMEED ANWOJU, DEBO AJAYI, FESTUS AWALA, OKIKI KERIAN, ABIOLA SAVAGE, MOJISOLA VINCENT DADA,                        PATIENCE EKPEYONG, KEMI FAYEMI, ABIODU GEORGE OTEGBADE, ADIJAT BADRU JUNAID, BAWA OLAYINKA, KAMAL MUSTAPHA, OJULUWAYO O.D. AKA BENJAMIN, OLUGBENGA UKIRI, PATRICIA EKHATOR                      SHOLLAR ODUNTAN SHONIRAN                       

2.0       COMMENCEMENT

The meeting commenced precisely 12pm with a short prayer offered by Mrs. Mojisola Vicent and was presided over by the Chairman who welcomed everyone present to this maiden meeting. He acknowledged the presence of 1989 set that attended the meeting.

3.0       MATTERS ARISING

3.1       INTRODUCTION OF EXCO/WEBSITE

            There was an introduction of the Exco members with the different committees they serve in.

            Also, the various platform such as the AUDSSCONNECT91, Directory AUDSSCONNECT91, were mentioned, members were urged to regularly visit the website to avail us all of the regular information therein.

3.2       FINANCIAL UPDATES

            The Chairman apologizes to members that copies of the details of financial update could not be printed and made available as at the time of this meeting due to constraints, but assured redress in subsequent meetings.

3.3       ANNUAL DUES

            The Chairman informed the meeting that annual dues to be paid by each member are categorized as follows:

            Members in Diaspora               ₦10,000.00

            Members in Nigeria                  ₦6000.00

3.4       THRIFT UPDATE

            The existence of two Thrift systems running simultaneously was brought to the fore, with the primary aim of using the thrift to raise fund for proposed Haulage business. He enjoined all members to key into the investment to enlarge members’ source of income.

3.5       BUSINESS UPDATE

Arch. Kenneth Ozigbo told members of the immense opportunity in the Agro Allied business with a particular interest in Castor Oil Seed and cucumber. He further said that the issue of finance due to bank documentation processes had made it difficult to kick start the business coupled with divergent views of members. He went on to inform members that a sum of ₦1.2million is on standby for the Haulage business held in trust on behalf of Nelson, Abayomi, and Collins.

3.6       MEMBERSHIP PARTICIPATION

The Chairman implored members to always endeavor to get more members connected to the platform regardless of the proximity constraints.  He said this is one of the major fulcra of the connect.

3.7       UPCOMING OMOLABAKE'S FATHER BURIAL

The planned trip to Owo in Ondo State for the final burial rites of Late High Chief Joseph Olupona on 16th December 2017 was also discussed. All the Aso ebi that was brought (10) in number was all taken up by members. It was also announced that there will be free transportation to and fro, hotel accommodation and feeding for members interested in embarking on the trip.

3.8       AUDSSCONNECT 91 YEAR 2018 PARTY

The issue of having an end of the year party slated for December 2018 with members spouse and their children were also discussed. It was agreed that the first of its kind would take place Next year December 2018, where most of our Brothers/Sisters in diaspora had signified their intentions to be around for the get to gather

3.9       AOB

 Engr. Dapo Akinnawonu urged members to consider an upward review of monetary reward to members for all occasions.

Mr. Shoniran differs and further said the monetary reward of 20,000.00 He received for his father burial from members was in order.

The Chairman further said an ad-hoc committee was set up in the past to deliberate on the issue of monetary reward for the member having occasions which Engr. Dapo Akinnawonu might not be aware of. In addition, He recalled a scenario where 10 people were bereaved which amounted to dipping into the purse of the Association up to the tune of ₦500,000.00 instead of ₦200,000.00 which would have been the case if the amount was pegged at ₦20,000.00 only. 

Mr. Kerian thanked AUDSSCONNECT 91 set for hosting and stretching the hands of fellowship to them. He enumerated a weak Center and urge members to partner with them on way forward in revamping the Center. He explained steps they have taken In the past to redress this anomaly and pleaded with the 91 set to team up with them at the Centre by nominating people to represent the set when the need arises to do so.  

Mr. Bawa affirmed to all issued raised above by Mr. Kerian.

The Chairman informed the house on effort AUDSSCONNECT 91 had painstakingly taken to unite with the center, which from all indication will yield the much-desired result.

Mrs. Faminu Adebola suggested members should kindly do a formal introduction which was done.

4.0       CLOSING REMARKS

The meeting adjourned at 1:38pm following a motion for adjournment moved by Mrs. Moji Vincent Dada and seconded by Arc. Kenneth Ozigbo. Meetings are to hold quarterly, whilst the next meeting is scheduled to hold on March 2018.

 

………………………………………………..                                              ……………………………………………………….

Chairman AUDSSCONNECT 91                                                            General Secretary

 

 

 

 

 

 

 

 

 

 

 

 

           

             

 

           

 

 

 

 

 

 

INFORMATION:

The AUDSSCONNECT91 platform has other affiliating platforms for easy coordination. They are:

  1. AUDSSCONNECT91: This is the main Platform referred to as the General House (GH)
  2. AUDSSCONNECT 1991 EXCO: This platform has 13 members, and 3 ad hoc Committees:
  3. The Operational Hub
  4. The Welfare Committee
  5. The Organizing and Planning Committee (O/P Committee)
  6. Finance Committee
  7. Business Project Group (BP Group): This group presently has ten members, and their task is to brainstorm on the various business plans, feasibilities, opportunities and business concepts and modules. This group brainstorms every Sunday from 9 pm Nigerian local time on a forum called the BPGroup.
  8. Thrift Connect Group: This has 2 Sub Groups Local and International, and the main purpose is to do Thrift (Ajo) to enable people to raise capital for investment or other personal needs as the case may be.
  9. Halauge Group: This consists of 11 members and these people are ready to explore the Haulage Business. This business option is open to all members who are willing to invest a minimum of 300,000 naira (3 Shares). Shares of the haulage business are 100,000 naira per share.
  10. Trustees Audsssconnect91: This has six members as Board Directors and additional seven non-executive directors all holding Shares in Trust for Connect Ventures.
  11. Connect Counseling Group: This Platform was created to help people with issues, but we have not made any success with it, but we have it on the ground for the futuristic purpose.

These are the various organs that AUDSSCONNCT91 manages and run its modus operandi

Update....UPDATE 

1. The AUDSS THRIFT: We have commenced the second face and so we give glory to God that it's working as expected.

2. The AUDSS CONNECT 360 DEGREE: 

a. We are in top gear to commence the Haulage Business b. We are almost set to commence the Agro Allied Business c. We are in the process of establishing a Company held by Trustees d. We have opened our account with Access Bank Arobadi Ekpenyong Ukiri Account number 0739526501. At the moment we are 95%

b. We are almost set to commence the Agro Allied Business c. We are in the process of establishing a Company held by Trustees d. We have opened our account with Access Bank Arobadi Ekpenyong Ukiri Account number 0739526501. At the moment we are 95%

c. We are in the process of establishing a Company held by Trustees d. We have opened our account with Access Bank Arobadi Ekpenyong Ukiri Account number 0739526501. At the moment we are 95%

d. We have opened our account with Access Bank Arobadi Ekpenyong Ukiri Account number 0739526501. At the moment we are 95%

d. We have opened our account with Access Bank Arobadi Ekpenyong Ukiri Account number 0739526501. At the moment we are 95% completed.

3. The AUDSS SUPPORT:

a. We attended Shoniran's party this Saturday and support was given. 

b. We shall be preparing for Owo too for Omolabake's father's internment scheduled to be held in December 

4. MEMBERSHIP DUES:The payment of Membership dues is non negotiable. Please for enquiries send mail to This email address is being protected from spambots. You need JavaScript enabled to view it. or contact

a. The payment of Membership dues is non-negotiable. Please for inquiries send email to This email address is being protected from spambots. You need JavaScript enabled to view it. or contact Nelson, Collins or Ukiri. PLEASE NOTE THIS IS JUST AN UPDATE AND SO EVENTS ARE SUBJECT TO CHANGES.