By TERYIMA ANDREW-
Staff of the university of Jos have been advised to create other means of savings to avoid financial embarrassment after retirement from office.
A financial expert Dr. Bernard Alkali, gave the Charged to the 3,782 members of staff, university of Jos cooperative society, on Saturday, at the permanent site, during it 9th annual general meeting AGM.
The key note speaker enumerated some major challenges currently been faced by most retired Nigerian workers after living office.
According to Dr. Alkali, most aged pensioners in Nigeria do die on queue while struggling to assess their legitimate pension and gratuity due them from their former places of work.
The financial expert said lack of saving is equivalent to suicide mission.
“At retirement, one may no longer be strong to work hard to earn any income, all of us are aware that, there are ill-heath associated with old age, except one is lucky will not be vuctim.”
“The children you have suffered to train may not be available to assist you in your old age, therefore, one must save for his or her retirement; curtail your spendings while your income are still flowing.”
He advised the cooperators to also diversify other avenue of generating other income.
Earlier in an address, vice chancellor university of Jos, Prof Sebastian Maimako, through the deputy vice chancellor academics Prof Tanko Ishaya, commended the good works of the University of Jos cooperators.
He said management of the university have not received any report of indictment on officials and members of the university of Jos cooperative society.
In his address, chairman of the 9th AGM, the commissioner of commerce and industrial Plateau state, Hon Joseph Abbey, tasked officials of the cooperative society to be transparent and carry every member along in their dealings.
Speaking in a welcome address, President, University of Jos cooperative society, Mr. Nyam Azi, expressed worries over frequent demises of members in the ongoing year 2019.
Another challenge the President made public was litigations instituted by some aggrieved members who have been dismissed for misconduct.
Mr. Nyam Azi however said the university of Jos cooperative society was developing fast; even as he revealed that plots of land have been purchased for onward allocation to members.