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NAN cooperative declares N34m surplus for 2025, pledges housing for staff
['Paul Okah', 'Benjamin Samson', 'Ahmid Lawal', 'Emeka Nze', 'Adejayan Gbenga', 'Austine Agbo Emmanuel', 'Weekend Content Writer']
Blueprint Newspapers Limited
Spread the wordThe News Agency of Nigeria (NAN) Staff Multipurpose Cooperative Society Limited has declared N34.07 million as profit after expenses for the 2025 financial year (FY).
This was as the president disclosed that efforts are on top gear to provide accommodation to members of the cooperative.
“Last week I met with the Managing Director of Federal Mortgage Bank, he asked if we have land with Certificates of Occupancy, I said yes.
He said that as at Dec. 31, 2025, the value of the share capital of the cooperative stood at N50,78 million and members’ savings stood at N438,69 million.
Salako urged the Managing Director of NAN to support the cooperative in every way possible.